People-Centered Local Economies

Description

"The term People-Centered Economic Development derives from the work of Carl R Rogers and his advocacy for a person-centered approach to therapy. Given access to the necessary resources, he believed, people could resolve their own problems flourish and grow.

People-Centered economics is therefore about inserting these ideas into business and economics. Each community needs access to information resources (hyperlocal networks) and resources for creation of community funding enterprises for profit, with profits to be applied to social needs in addition to private wealth creation (social business)

The core concept is a Community Funding Enterprise (CFE), a business which uses its profit to stimulate a given local economy." (http://www.p-ced.com/1/node/33)