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Local businesses/enterprises are the engines of a real healthy economy, yet this book describes how we are starving our local businesses and unwittingly financing large multinational corporations who are pretty much dedicated to moving jobs overseas, siphoning profits to far-off places, and out-competing our local enterprises. The Securities and Exchange Commission (SEC), founded to protect us, has become a barrier to local investing (in order to “protect” small investors).
This book describes some steps we can take to reverse this, and some longer-term initiatives to enhance local investing, such as the re-establishment of local stock exchanges (there were such things once), crowd-funding, and direct public offerings.
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