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Vermont’s New Economy
A look at the New Economy by the numbers
Vermont has a story to tell:
Responding to a changing climate, investing in local food and renewable energy, recognizing the value of working and wild lands. Vermont’s story is about the creativity and challenges that come with putting the economy at the service of its people’s values.
This reorientation of the economy is what we call “New Economy.” It is new compared to the economy of Wall Street and the 2008 recession, but its roots are old and deep. The New Economy believes there is power in a community committed to its own place.
Across the country, the New Economy is taking shape in the form of alternative currencies, cooperative businesses, local investment, and more. It is a caring form of capitalism, one that draws its strength from skilled and active networks of citizens, businesses, nonprofits, and government.
In Vermont, these networks have experimented and learned enough for us to map out the first model of what the New Economy could look like. This booklet shares numbers and stories from across the state, each aimed at providing a “sense of the possible” in designing strong and sustainable economies.