Pitch: Theo van Sprundel

Re-development Local Economy

I am an ex international manager and consultant. I experienced that today’s economic system left many local capabilities and potentials unused. We cannot afford that. Global solutions requires that we activate all social capital, apply very short local value chains and come to cradle-to-cradle-approaches, starting in the street where we live.

“Global knowledge and experience is good, but welfare starts with your actions in your street”

We should reinvent the local economy. Small enterprises, self employed people, local institutions and volunteers brought together in an self sustainable, low cost, low end economy system. Idealism is not enough. Local entrepreneurship should provide real rewards and get flexibility by lifting much of the government control. This new local economy will start with pilots in many places, and gain gradually better conditions.

The effects of such a local economy expose directly on national and local budgets (f.e. security or senior care) , but there are also substantial indirect effects (f.e. school participation).