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"A Place Owned by the Neighbors" with Michael Shuman p 3 of 4

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Uploaded by on Jun 21, 2010

The interconnected global economy has created many marvellous advances to lifestyle and awareness, but when dollars are free to leave a community and go to shareholders who don't know that the community exists, much less how the company's presence there affects people, we lose the things that are most important to us: community and friends, beauty, independence and security. An absentee owner doesn't have the ability to react locally or spend profits locally. Community resilience and local economic stability are only possible when business owners live where they do business.

What are the trade-offs between corporate chains and neighborhood stores? How much different or better would life be if almost everything we bought was sold to us by someone who we knew? Can a community actually hope to attract and keep local small business owners in a globally competitive world? Keynote speaker Michael Shuman will tie together the conversations of the day with a discussion of the topic that changes everything. Goals for Kalu Yala include ensuring local representation from the development team and their investors within Kalu Yala, attracting small businesses to craft, manage and own Kalu Yala, and turning all of this into a superior quality of life for our residents and guests while simultaneously improving the performance of their investment in real estate. Can we have our cake and eat it too?

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