Buying local is sustainable

| Print |  Email
Thursday, March 01, 2007

Sustainability can and does describe economic and business values as well [CASHING IN ON GREEN, JANUARY].

Even though much of the media report how great the Oregon economy is, the truth, according to government statistics, is that Oregon’s unemployment is still in the 10 highest of the 50 states. Also, the statistics show that wages are only increasing for the top one-fifth of Oregonians.

Combine that with the declining buying power of the dollar and the lower four-fifths have lost money. In addition, when there is inflation (which is primarily an increase in oil and property values), it is small business that absorbs that cost. The point of all this is that if the middle class is the growth engine of free-market economy and it is shrinking, the economy will suffer. Effective sustainability in business must include the growth of disposable income for the middle class.

Our local government provides nothing more than lip service, if that, to this concern. Buying local is only one solution to the declining middle class. A balance between local and non-local commerce is an important goal for a sustainable economy. Without economic sustainability, environmental sustainability is more of a nuisance than an attainable goal.

John Amundsen
Southwest Office Supply and Interiors
Portland

ave an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

Light Reading

September 2015
Thursday, August 20, 2015
BY JACOB PALMER

Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.


Read more...

Greenpeace (temporarily) prevents Shell oil ship from leaving Portland

The Latest
Thursday, July 30, 2015
hangersBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

Greenpeace activists suspended themselves from the St. John's Bridge in an attempt to prevent a ship from heading to the Arctic.


Read more...

Big Trouble in China?

Guest Blog
Tuesday, August 18, 2015
0818-wellmanthumbBY JASON NORRIS | CFA

Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.


Read more...

Downtime with Debra Ringold

July/August 2015
Monday, July 13, 2015
BY JACOB PALMER

Dean of the Atkinson Graduate School of Management, Willamette University


Read more...

Up on the Roof

September 2015
Wednesday, August 19, 2015
BY LINDA BAKER

In 2010 Vanessa Keitges and several investors purchased Portland-based Columbia Green Technologies, a green-roof company. The 13-person firm has a 200% annual growth rate, exports 30% of its product to Canada and received its first infusion of venture capital in 2014 from Yaletown Venture Partners. CEO Keitges, 40, a Southern Oregon native who serves on President Obama’s Export Council, talks about market innovation, scaling small business and why Oregon is falling behind in green-roof construction. 


Read more...

Loose Talk

July/August 2015
Friday, July 10, 2015
BY AMY MILSHTEIN

When gossip crosses the line.


Read more...

Money Troubles

September 2015
Thursday, August 20, 2015
BY DAN COOK

The state’s angel investing fund gets hammered in Salem.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS