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...most basic level, when you buy local more money stays in the community. The New Economics Foundation, an independent economic think tank based in London, compared what happens when people buy produce at a supermarket vs. a local farmer's market or community supported agriculture (CSA) program and found that twice the money stayed in the community when folks bought locally. "That means those purchases are twice as efficient in terms of keeping the local economy alive," says author and NEF researcher David Boyle. (See the top 10 food trends...
...their bills. When Putin came in to save the day, he saw p.r. potential in Pikalyovo's distress. During a nationally televised meeting in the town, the Prime Minister scolded local officials and factory owners, including billionaire tycoon Oleg Deripaska, a onetime Kremlin favorite whose investment company Basic Element owns the town's BaselCement factory. "You have made thousands of people hostage to your ambitions, your lack of professionalism - or maybe simply your trivial greed," Putin said...
...right. Pikalyovo is one of hundreds of cities across Russia whose populations are supported by just one factory or one industry. If that factory or industry is wiped out by the global economic downturn - as Pikalyovo's was when the price of cement dropped and Deripaska's company Basic Element put half its workforce on forced leave - the whole town is sent into a tailspin. (See pictures of the global financial crisis...
...week, Gavrilova's cousin called from the Siberian city of Irkutsk to ask if Pikalyovo was "leading a civil war" and to say that the situation was similar in her city, where workers were holding a hunger strike over unpaid wages at the local pulp mill, also owned by Basic Element. This time it took no prodding from Putin for Deripaska to announce plans to pay out some $2.8 million in back wages to about 2,000 workers. (See pictures of Russia celebrating Victory...
...drive to an arrogance, the belief they somehow magically deserved all that success - "We're just really better than everybody else, and we always will be." The great irony is that leads to the undisciplined pursuit of more, and it's very hard to preserve your values and your basic model if you grow too fast...