Elm Street Economy


Elm Street Economy

The Elm Street economy is a contemporary economic movement that encourages self-sufficiency on a regional, city-wide or neighborhood-wide basis. The movement rejects globalization and promotes many alternative ideas instead, including renewable energy, decreasing personal consumption, and the use of alternative means of exchange, such as bartering.

The Elm Street economy postulates that an increasingly complex and globalized economy is inherently unstable, and that greater economic security and well-being can be achieved through eliminating economic dependence on others outside of a local community.

The term Elm Street is derived as an alternative to the usual Main Street/Wall Street economic dichotomy. Elm Street is meant to symbolize an economy focused on the residential neighborhood as an economic unit. This is in contrast to Main Street, which (as used by Elm Street promoters) is meant to symbolize large corporate interests, and Wall Street which symbolizes global finance. It is unclear how prevalent the Elm Street economy is currently in use as a total system. Rather, the movement is perhaps best understood as a patchwork of the Green movement, urban homesteading, buy local initiatives and the new frugality movement.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Main Street Historic District (Danbury, Connecticut) — Main Street Historic District U.S. National Register of Historic Places U.S. Historic district …   Wikipedia

  • Main Street District, Dallas, Texas — Main Street District A long exposure of Main Street, from east of Akard …   Wikipedia

  • Cable Street — (pronEng|ˈkeɪbəl striːt) is a mile long road in the East End of London, with several historic landmarks nearby, made famous by the Battle of Cable Street of 1936.LocationCable Street runs between the edge of The City and Limehouse: parallel to,… …   Wikipedia

  • New Haven, Connecticut — New Haven redirects here. For other uses, see New Haven (disambiguation). City of New Haven   City   Skyline of Downtown New Haven …   Wikipedia

  • Manchester, New Hampshire — This article is about the city in New Hampshire. For other uses, see Manchester (disambiguation). Manchester, New Hampshire   City   View of downto …   Wikipedia

  • Deep Ellum, Dallas, Texas — A skater along Main Street in Deep Ellum Deep Ellum (a corruption of deep Elm Street ) is an arts and entertainment district near downtown in east Dallas, Texas (USA). It lies directly east of the elevated I 45/US 75 (u …   Wikipedia

  • Dallas — This article is about the city in the U.S. state of Texas. For other uses, see Dallas (disambiguation). Dallas, Texas   City   Dallas …   Wikipedia

  • Nashua, New Hampshire —   City   Nashua as depicted in a postcard, circa 1905 …   Wikipedia

  • Greensboro, North Carolina — Greensboro redirects here. For other uses, see Greensboro (disambiguation). Greensboro   City   City of Greensboro …   Wikipedia

  • Monroe, Michigan —   City   Monroe’s historic downtown on South Monroe Street …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.