Today, local economies are being destroyed by the 'pluralistic,' displaced, global economy, which has no respect for what works in a locality. The global economy is built on the principle that one place can be exploited, even destroyed, for the sake of another place.
About this quote
- What does it mean?
- Global economies exploit local areas without regard for local sustainability or needs.
- In plain terms
- Global markets hurt local places and their economies.
- What can you take from it?
- Local economies suffer under unchecked global expansion.
Where it applies
Putting it to work
Questions to consider
- How can locals resist global exploitation?
- What defines a local economy?
Another view
Global trade can also bring benefits to local areas.
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