Community Investment from the Ground Up
Community Investment from the Ground Up
It can be difficult to hold on to hope when it seems like every day brings a new travesty or tragedy. Senseless violence and political regression, with the constant background drone of economic stagnation and ecological collapse, makes it that much harder to get up in the morning and trudge through our working (or worse, unemployed) lives, especially when it feels like we're only treading water instead of making a positive difference in the world around us. There's got to be a change coming, right? Happily, part of that change is taking root in fertile soil around the world. It's made possible by people just like you and me, with the vision, desire, and, most importantly, the community investment needed to begin transforming the dominant, predatory system into something quite different.As the buckle of the Rust Belt, Detroit was one of the biggest and best industrial cities to rise in the Automobile Age, and the first to fall when that particular model proved unsustainable. That's what makes it so interesting to watch as a laboratory of ideas for how to live in a post-collapse environment. Detroit has not disappointed, becoming a hotbed of urban agriculture and hosting a robust informal economy, but what happens when residents lack the resources to undertake such ventures on their own? In a town where making $52,498 per year is enough to be considered rich, a new startup aims to spark community investment by allowing any Michigan resident with $1000 to spare to buy a share – and a vote – in Detroit's future. When neighbors band together to buy, renovate, and share in the proceeds from selling or renting once-neglected homes, everyone wins.
Community investment in renewable energy can directly benefit people and spread profits equitably. Public domain photo courtesy of pxhere.com. CC0
Sources:
This Startup Lets Neighbors Pool Their Money To Invest In Their Communities
3 examples of local and shared renewable energy systems
How The Gambia Learned to Grow Both Forests and Food
If you make at least $52,498 in Detroit, you're considered rich
The Only Thing, Historically, That's Curbed Inequality: Catastrophe
About Dawn Allen
Dawn Allen is a freelance writer and editor who is passionate about sustainability, political economy, gardening, traditional craftwork, and simple living. She and her husband are currently renovating a rural homestead in southeastern Michigan.