The document summarizes a documentary film called "Money & Life" that explores new economic ideas and how money impacts communities. The filmmaker Katie Teague will be screening the film and discussing it in Roanoke, Virginia as part of a national tour. The screening will provide an opportunity for the community to discuss innovative economic solutions. Additionally, the document discusses challenges facing the US economy like declining manufacturing jobs and rising inequality according to other sources. It also notes industry and development trends in the Roanoke area.
1. A New Economic Story
of ’’Money & Life’’
From a blog article by the same title . . .
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2. A STORY ABOUT MONEY THAT WILL CHANGE YOUR LIFE
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3. “Producer/director Katie Teague returns to her
hometown of Roanoke Virginia, Thursday and
Friday April 25th-26th as part of a national ten-
city tour premiering her new feature-length
documentary, "Money & Life". The event will
pose a rare opportunity for audience members to
weigh their community's innovative potential
through the filmmaker's perspective in learning
why her 'story about money' is so vitally
important for empowering civil transformation.”
from A New Economic Story of “Money & Life”
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5. Richard Cook – “Economic Crisis”
“Consequently though, and by the "early
1980s", "the federal government" was already
acquiescing in its adoption of "economic
policies" bringing about a "steady erosion of our
manufacturing base, elimination of millions of
skilled industrial jobs", an amassing of
"household and individual debt", the "crumbling
of our physical infrastructure", and widespread
"privatization or elimination of public services"
(Cook).”
“The U.S. Political Leadership Has Failed”
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6. Pedro da Costa – “The U.S. productivity farce
“At the same time too, but not coincidentally and as
the chart above reflects, "the benefits of" increasing
productivity over this same period began accruing not
to the people, but rather "to the very wealthy" (da
Costa).”
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8. Gar Alperovitz – “America Beyond Capitalism”
“Yet, as insufferable as circumstantial conditions
are becoming for a vast many Americans,
economists don't necessarily foresee the overall
scenario as leading to either a collapse, nor reform,
of the economy as a whole. We "face a long term
(and unusually structured) systemic crisis, not
simply a political crisis" (Alperovitz, 1) . . . "which is
not easily described in conventional or classic
terms: The system may not be capable of
fundamental reform; but (it's) also unlikely to
collapse (Alperovitz, 2).”
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9. Employment by Industry – Roanoke MSA
“Consequently too, but in
Roanoke this means that,
in large part, social
management is
orchestrated through the
coordinated efforts of its
two leading industries,
"Health Care and Social
Assistance" and "Total
Government" (Roanoke
21).”
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10. Second vote on Huff Lane rezoning proposal approved
“Coincidentally enough,
and in a recent session,
Roanoke's City Council
by a vote of 4 to 3
(Smith) and despite both
the planning
commission's rejection
and an abutting
neighborhood's petition,
approved the sell of "a
shuttered school" (Huff
Lane Elementary) for
"$1.7 million".”
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11. If you don’t like capitalism & you don’t like socialism . . .
“Four critical axioms underlie the democratic
theory of a model that builds on the evolving forms
and on structural principles appropriate also to the
larger emerging challenges: [1] democratization of
wealth; [2] community, both locally and in general,
as a guiding theme; [3] decentralization in general;
[4] and substantial but not complete forms of democratic
planning in support of community, and to
achieve longer term economic, democracy-building
and ecological goals.” from Alperovitz/Dubb paper
what do you want? – Gar Alperovitz and Steve Dubb
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12. Transforming the local landscape . . .
Money & Life – “A Story About Money That Will Change Your Life”
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Produced and Directed by Katie Teague Page 12