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Local Return

@localreturn.bsky.social
165 followers 64 following 245 posts

Building community wealth in Rhode Island through ownership and investment, particularly in neighborhoods that have experienced historical disinvestment. We just launched RI's first community investment fund at @investRI.bsky.social. LocalReturn.org

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Local Return @localreturn.bsky.social · 29/09/2026
.@shelterforce.bsky.social wrote a terrific piece about community ownership tools including our Local Return Diversified Community Investment Fund (DCIF).
shelterforce.org
New Models Emerge to Facilitate Community Land Ownership — Shelterforce
Whether through diversified funds or direct ownership of retail space, community ownership tools build wealth and shape local development.
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Local Return @localreturn.bsky.social · 28/09/2026
We are reminded this morning by the Economic Progress Institute's RI Standard of Need that quality jobs mean being able to support your household, and that income gaps reinforce and contribute to wealth gaps.
Alan Krinsky presenting in front of a slide that reads: "TL;DR: Around 40% of RI households have income below what's required to meet basic needs."A photograph of the 2026 Rhode Island Standard of Need overview.
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Local Return @localreturn.bsky.social · 21/09/2026
You're not going to want to miss our next book discussion. The Serviceberry by Robin Wall Kimmerer is both a beautiful meditation on reciprocity and an urgent judgment on our current economy. Pick it up at your favorite local bookstore or library today. localreturn.org/event/book-c...
localreturn.org
Book Club: The Serviceberry – Local Return
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Local Return @localreturn.bsky.social · 16/09/2026
⏰ Today is the day! Jumpstart applications are due tonight by midnight.
localreturn.org
Jumpstart Training Cohort – Local Return
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Local Return @localreturn.bsky.social · 15/09/2026
We're joining @mainstreetri.bsky.social at the 2nd annual Main Street Together Conference on October 17, and you should, too! What's better than a Saturday in Warren with fellow Rhode Islanders who care about place and people?
tinyurl.com
Main Street Together 2026
Visit the post for more.
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Local Return @localreturn.bsky.social · 14/09/2026
Interested in real estate development as a way to both build generational wealth for your family & improve your neighborhood? Apply now to learn the basics & get connected to a growing network. Accepting applications now for our Fall cohort. Deadline is 9/16. localreturn.org/programs/jum...
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Local Return @localreturn.bsky.social · 09/09/2026
Tomorrow evening, join us for a discussion with author Seth Rockman about the fraught relationships at the heart of our local economic history. localreturn.org/event/book-c...
Quote reads: "“The purpose of recounting these deceptive stories is to insist not upon a history without heroes, but upon a history populated by men and women no better or worse than ourselves at navigating an interconnected world defined by complex moral entanglements and ample invitations for self-deception and myopia. The fraught relationship of remote consumers and producers remains a central element of human experience, embedding all, now as then, in structures that predicate opportunity on exploitation.”
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Local Return @localreturn.bsky.social · 07/09/2026
Labor Day Week is an excellent time to consider this aspect of Rhode Island's history of manufacturing. Join us on Thursday at 6 p.m. at @symposiumbooks for a discussion with Seth Rockman on his book, Plantation Goods.
Quote from book reads: "To be sure, Rowland and Isaac [Hazard] were not needing to launder their reputations in Rhode Island. Being renowned Negro cloth manufacturers did not keep them out of polite company, lose them religious fellowship, or jeopardize their membership in learned societies."

Join us for a discussion of Plantation Goods: A Material History of American Slavery, a Pulitzer Prize finalist, with the author, Seth Rockman. 

September 10, 2026
6:00-7:30 p.m.
Symposium Books
240 Westminster St., Providence
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Local Return @localreturn.bsky.social · 07/09/2026
This Labor Day, we honor workers by calling for an economy that values workers for their true contributions.
"We often say that the economy tells a story explaining who gets what and why. It's admittedly a simplified explanation of
economics, but as a rule of thumb it holds remarkably true: The economic systems that our leaders put in place prioritize certain groups over others, and they funnel money through the economy to fulfill those preferences."
Zach Silk, Civic VentureGraph showing S&P growth over time compared to lack of wage growth.LET'S
HONOR
WORKERS
BY
CHANGING
THAT STORY.
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Local Return @localreturn.bsky.social · 07/09/2026
Mark your 🗓️!
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Rhode PVD @rhodepvd.bsky.social · 01/09/2026
Please spread the word: Bloom Rhode Island is giving away 220,000 flower bulbs to people who will plant them this fall in public places (sidewalks! Library, school, community & senior center entries!) in PVD, Pawtucket, Central Falls, E. PVD or Woonsocket bloomrhodeisland.org/hope-springs...
bloomrhodeisland.org
Bloom Rhode Island
Get free flower bulbs for your community with Bloom Rhode Island's Hope Springs program. Sign up for updates and join the planting joy!
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Local Return @localreturn.bsky.social · 31/08/2026
Interested in small-scale, neighborhood-based real estate development? Come hang out with us next Wednesday, September 9, at Moniker Brewery.
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Local Return @localreturn.bsky.social · 19/08/2026
It's not too late to sign up.
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Local Return @localreturn.bsky.social · 13/08/2026
Dr. Taino Palermo on specific, focused, participatory repair: "Repair is really about changing the conditions that produced the harm... There are ways to navigate repair that dispel fear and harm because we have to rectify a historical structural wrong."
youtube.com
Dr. Taino Palermo on repair
YouTube video by Local Return
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Local Return @localreturn.bsky.social · 11/08/2026
Local small businesses almost always prefer when you pay cash. That way they can avoid the monstrous swipe fees charged by the credit card industry.
Sign from a local business reading: Cash is queen. Why do we prefer cash or check? Because we pay fees and a percentage of each credit or debit card transaction. These fees are higher for small businesses than large corporations and they really add up!”
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Local Return @localreturn.bsky.social · 11/08/2026
A good learning opportunity here! Space is limited, so sign up now.
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Local Return @localreturn.bsky.social · 28/07/2026
Please watch this from @moreperfectunion.bsky.social. It's an important look at how the Amazon business model hurts consumers and small businesses.
youtube.com
We Uncovered Amazon’s Scheme To Inflate Prices Everywhere
YouTube video by More Perfect Union
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Local Return @localreturn.bsky.social · 27/07/2026
Come on out for our next First Wednesday meet-up, to discuss small-scale, missing middle real estate development, community wealth-building, and more!
Jumpstart Rhode Island logo: row of blue buildings, with the Local Return pinwheel in the middle. 

First Wednesday Network Meet-Up
Wednesday, August 5
5-6:15 p.m.
Still on Main 
250 Main Street
Pawtucket, RI
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Local Return @localreturn.bsky.social · 22/07/2026
Wendell Berry's 17 principles for a local economy, which he articulated in 1994, are as relevant as ever.
centerforneweconomics.org
Wendell Berry's Tenets for a Local Economy - Schumacher Center for a New Economics
In 1994, Wendell Berry delivered a talk at the 23rd annual meeting of the Northern Plains Resource Council. Included in his remarks was a list of enduring principles for communities seeking “to cohere...
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Local Return @localreturn.bsky.social · 20/07/2026
We're reading Plantation Goods: A Material History of American Slavery, an important study on economic and community history that remains ever-relevant to RI, by @sethrockman.bsky.social. Join us Sept. 10 at @symposiumbooks.bsky.social for an event with the author! localreturn.org/event/book-c...
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Local Return @localreturn.bsky.social · 20/07/2026
"Most people in the field of civic engagement are interested in reversing the enduring democratic recession. However, the economy feels as though it’s not something that democratic participation can or should tackle, or it is just too out of reach, and we don’t know how they should be..."
nationalcivicleague.org
The Geography of Discontent and What Democratic Innovations Can Do About It - National Civic League
Even promising democratic innovations can frequently fall short because they fail to elevate the well-being of people in economically disadvantaged regions. What’s missing is a democratic system that ...
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Local Return @localreturn.bsky.social · 13/07/2026
Our friends at @ilsr.bsky.social covers Rhode Island's big move to ban restrictive covenants for grocery stores.
ilsr.org
Rhode Island Restrictive Covenants Ban is "major step towards lowering grocery bills"
Rhode Island passes landmark law to end grocery store real estate restrictions.
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Local Return @localreturn.bsky.social · 10/07/2026
Well, this is concerning. "Backing this push are Wall Street firms, which want a bigger piece of the $10 trillion in America’s 401(k) plans, and America’s largest employers, who want to avoid class-action lawsuits from their employees."
propublica.org
Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.
Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage  less-regulated — and often riskier — inv...
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Local Return @localreturn.bsky.social · 01/07/2026
We are thrilled to see Rhode Island end the use of restrictive covenants by supermarkets. “Everywhere that Wall Street wants to buy up Main Street, we are going to fight back.” Thank you for your leadership, @sabinamatos.bsky.social.
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Local Return @localreturn.bsky.social · 26/06/2026
We had a fabulous time at the @growsmartri.bsky.social summit about the multiple kinds of capital in our places — and how to make financial capital work better for communities.
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Jessica David @jdinri.bsky.social · 26/06/2026
If you're at the @growsmartri.bsky.social Power of Place Summit today, come on out to the lunchtime session @joshdaly.bsky.social and I are facilitating about community capitals. It's going to be just a little bit freewheeling and fun, and we'll figure it all out together.
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Local Return @localreturn.bsky.social · 24/06/2026
Come on out for our next Jumpstart Rhode Island networking meet-up -- next Wednesday, 5-6:15 p.m., at the fabulous Incred-A-Bowl in East Providence.
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Local Return @localreturn.bsky.social · 19/06/2026
"You can tell people to buy less, buy responsibly, buy locally, participate in the circular economy, learn how to mend things, repurpose old items, and so on, but there comes a point where individual choices run headlong into systemic constraints."
thenoosphere.substack.com
Enshittification Isn’t Limited to the Digital World
It’s also hardly a new phenomenon
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Local Return @localreturn.bsky.social · 17/06/2026
👀 "AstroNova employs 400 people in West Warwick, according to Providence Business News 2026 Book of Lists. It was unclear if this transaction would affect staffing or operations at the West Warwick facility. Representatives from AstroNova did not immediately respond to a request for comment."
pbn.com
AstroNova agrees to be acquired by Tenn.-based private equity firm
WEST WARWICK – AstroNova Inc. on Wednesday entered into an agreement to be acquired by Tennessee-based private equity firm Arcline Investment Management in an all-cash transaction of approximately $27...
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Rhode Island Community Investment Cooperative @investri.bsky.social · 11/06/2026
This is how we build a local investment pipeline -- one plan/business/venture/project at a time.
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Local Return @localreturn.bsky.social · 11/06/2026
We're thrilled to see our partnership with Polaris spotlighted in the Providence Business News. Together we're working to preserve local ownership and help business owners prepare thoughtfully for exits.
pbn.com
R.I.’s manufacturing sector braces for owner exits
A wave of retiring business owners is about to reshape Rhode Island manufacturing, where 80% are approaching an exit without clear succession plans. At least, that’s according to data from Polaris MEP...
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Local Return @localreturn.bsky.social · 08/06/2026
"An economic paradigm is not a list of policies. It is the invisible logical architecture within which policy debates occur and the framework that determines how we see economic cause and effect."
theatlantic.com
The Economic Experiment That Upended Reality
Minimum-wage increases were expected to kill jobs. The fact that they didn’t should make us rethink a lot of assumptions.
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stephanie @stefene.bsky.social · 02/06/2026
say what you want about ups but they're union. that matters.
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Local Return @localreturn.bsky.social · 02/06/2026
"For small businesses caught in the middle, deeper dependence on Amazon’s logistics means rising fees, with no leverage to push back. For those consumers who want choices, it means something uncomfortable: They can keep trying harder to avoid the giants, but the giants keep getting bigger anyway."
rhodeislandcurrent.com
You’ve been trying to get around Amazon – but it’s not that easy • Rhode Island Current
You might pick a small brand instead of the giant, but you've just walked through a different door into the same store. And it’s getting harder and harder to escape, a pair of consumer behavior and…
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Local Return @localreturn.bsky.social · 01/06/2026
This Wednesday, come on out to network with our aspiring neighborhood/real estate developers.
localreturn.org
Jumpstart Rhode Island Monthly Networking Meet-Up – Local Return
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Jessica David @jdinri.bsky.social · 01/06/2026
And yet, it could look like: -Vibrant, locally-owned main streets as anchors of places people want to live -Slow and steady growth of independent businesses -Increased self-reliance and community interdependence -Worker and community ownership
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Local Return @localreturn.bsky.social · 27/05/2026
Current and aspiring neighborhood-developers, join us next Wednesday, June 3! localreturn.org/event/jumpst...
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Local Return @localreturn.bsky.social · 26/05/2026
@lohplaces.bsky.social of @brookings.edu released a paper just last week calling on states to pass initiatives like this one. In fact, our bill is referenced. www.brookings.edu/articles/sta...
brookings.edu
How states can incentivize local investing to find new capital for businesses and housing | Brookings
Geographic and corporate concentration in banking and retail is limiting entrepreneurship in many U.S. communities. Existing place-based policies help, but often fail to deliver scalable, tailored inv...
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Local Return @localreturn.bsky.social · 26/05/2026
🚨 We urgently need to move money from Wall Street to our main streets! The Senate Finance Committee is hearing S2833, the Rhode Island Local Investment Tax Credit Act, this Thursday. Come testify, submit a letter of written support, and spread the word.
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Local Return @localreturn.bsky.social · 19/05/2026
Check out our Move Your Money Month recap.
localreturn.org
MYM Month Recap – Local Return
Local Return celebrated Move Your Money Month this April with many calls to learn, consider, and act. We are all economic actors, and our financial behaviors matter. Moving even just some of our…
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American Independent Business Alliance (AMIBA) @theamiba.bsky.social · 12/05/2026
Can't wait for the next one, @localreturn.bsky.social!
Move Your Money 30-Day Challenge Achieved
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Local Return @localreturn.bsky.social · 08/05/2026
Sums up the entire party ⬇️
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Gradon @gradontripp.bsky.social · 06/05/2026
Went to Teatro ECAS this evening for @localreturn.bsky.social’s Wealth in Rhode Island: Who, How, What, and So What? discussion. A very thought-provoking look at what wealth is and who is — and who isn’t — able to achieve it.
Host Jessica David and the panelists: Keith W. Stokes, Dr. Taino J. Palermo, Lorén Spears, and Seth E. Rockman.
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Jessica David @jdinri.bsky.social · 05/05/2026
“If this is a federal law, why do we need state legislation?” Because this federal law hasn't been enforced since the 80s. Not coincidentally, that's the same time period over which we've seen consolidation in the grocery and retail sectors, including the rise of "Super Walmart."
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Local Return @localreturn.bsky.social · 04/05/2026
#2 on the @mainstreetjournal.bsky.social's list of local economy stengths is Investment Reform, calling out the state of Michigan for their consideration of a tax credit for local investors. RI legislators are considering that, too: S8195/S2833. localreturn.org/2026-policy-...
mainstreetjournal.substack.com
A Report Card on the U.S. Local Economy Movement
Many great organizations and great leaders, all starved for funds, could provide the basis of a new, stronger local economy movement.
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Local Return @localreturn.bsky.social · 29/04/2026
This morning we highlighted the importance of moving your money from Wall Street to main streets -- including by moving your deposits to local credit unions and community banks.
localreturn.org
Celebrating Move Your Money Month with a Bank Local press conference – Local Return
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Local Return @localreturn.bsky.social · 29/04/2026
We'll be at the Hope & Main Downtown Makers Marketplace at 11 a.m. this morning talking about moving money from Wall Street to Main Street. Come by, say hi!
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Local Return @localreturn.bsky.social · 29/04/2026
Thanks to @antoniafarzan.bsky.social for covering the restrictive covenant bill that was voted out of Senate Commerce Committee yesterday.
providencejournal.com
Grocery chains use deeds to stifle competition. This RI bill would stop them.
Lt. Gov. Sabina Matos hopes that ending restrictive covenants could bring a rain of new stores to so-called food deserts.
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Local Return @localreturn.bsky.social · 29/04/2026
Yes! 💸
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Local Return @localreturn.bsky.social · 20/04/2026
We're celebrating 5 years! Join us for this special evening bringing together community leaders, local business owners, investors, and advocates committed to a thriving Rhode Island economy. localreturn.org/event/local-...
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