Community Economies – What does it mean and why should we be interested?
Amidst the ongoing pandemic, the world’s global supply chains have halted in their tracks. After almost two years, large multi-national corporations have reconsidered cooperation and have reconfigured production to be more locally as a way to avoid waiting for goods that do not arrive in time. Taking things further, some organizations not only source and produce locally; they also run on a more democratic understanding of ownership as well as organisation of work, let alone if and how revenues are distributed internally and within the broader local community: So-called community economies already focused on ‘alternative’ ways of doing things long before the pandemic, and this post explores, what are they and what makes them so important for sustainability transitions in regions.