Local Economics PGE 84

One of the things I have recently learned it that there isn’t just capitalism and socialism, but different kinds of capitalism and different kinds of socialism. In addition, there are alternatives to both of these approaches to economics, like ecological or steady state economics. Some forms of capitalism work better that others. Some forms of socialism work better that others.

What is clear, is that the ways we have done and are continuing to do capitalism in the United States has significant problems. So there are innovative experimentations happening in this country to provide alternative capitalisms. Among those are innovators exploring local economics and economies. Two of those innovators are Stephanie Swepson Twitty and Kevin Jones. 

Stephanie is President and CEO of Eagle Market Streets Development Corporation. Eagle Market Streets is headquartered in the “oldest thriving African-American Commercial Business District in the country” in downtown Asheville, North Carolina. Stephanie is a 20+ year veteran in the Not-for-Profit Industry. She is an economic development specialist, focusing on small business development asset building and wealth creation.

Kevin, and his wife, Rosa Lee Harden, are serial entrepreneurs. Together they founded Social Capital Markets, SOCAP, and began Neighborhood Economics. Kevin has seven successful startups and turnarounds and is a co-leader of the Swannanoa Watershed doughnuteconomics.org social action team in partnership with the Hendersonville, North Carolina based Latino Coop, Tierra Fertil.

They are here to help us understand both what they each are doing individually and what they are doing together collaboratively.

The intro and outro music for this episode is from a clip of a song called ‘Father Let Your Kingdom Come’ which is found on The Porter’s Gate Worship Project Work Songs album and is used by permission by The Porter’s Gate Worship Project.