Tuesday, 15 April 2014

Stove and Regeneration


Lately we’ve been thinking a lot about The Stove as an opportunity to put our money where our mouths are in thinking about the society we live in. We’ve been inspired by the New Economics Foundation to think about the way we work, and crucially, invest in services and people locally.
The 'leaky bucket' - how easy it is for new investment in a place to be allowed to escape and lose its long term effect - from 'Plugging the Leaks' - New Economics Foundation
 
'Money, like other aspects of life, has become controlled by distant organisations who, as the recent economic turmoil has demonstrated, do not necessarily have our best interests at heart. As the New Economics Foundation put it, our economies have become like ‘leaky buckets’, money that should be staying and circulating locally being sucked out to distant corporations and shareholders.  This all adds to our vulnerability in times of increasing uncertainty, rather than reducing it.

Local enterprises are more likely to employ local people, provide services to improve the local quality of life, spend money locally and so circulate wealth in the community, promote community cohesion and, by reducing transportation of goods from across communities, are likely to have a smaller environmental footprint.'
Lets use the resources of The Stove to give the maximum effect in our local economy and society -  if you’ve got ideas about ways The Stove could be effective in assisting regeneration locally then please do get in touch  info@thestove.org

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