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Investing in Local Business to Get an Even Break [nytimes.com]

 

It appears we are experiencing a bit of an economic reckoning in this country. Historic wealth inequality has prompted a wide variety of experts to put some big ideas on the table.

Do we need a federal minimum wage, or should we expand the earned-income tax credit? Even more extreme, but gaining traction on both sides of the aisle, do we need a universal basic income? Or is the solution, as many conservatives would argue, less government intervention, not more?

While Democrats and Republicans tussle over how we address the fact that the top 1 percent of Americans now have more than twice as much wealth as the bottom 90 percent, one organization has been forwarding an unapologetically small, surprisingly radical idea: localism.

[For more on this story by Courtney E. Martin, go to https://www.nytimes.com/2018/0...stment-localism.html]

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