Communities, the state, and markets: the case for inclusive localism

Abstract

Abstract Opportunities are maximized for all when society’s three pillars, the market, the state, and the community, are balanced. In recent years, technological change and globalization have led to an expansion of the market and the state at the expense of certain communities. The resulting disparities in opportunities have led to widespread dissatisfaction, which can be addressed effectively only by strengthening left-behind communities. New technological solutions combined with policies that encourage inclusive localism are needed to restore the balance to society.

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