It’s a basic requirement for self-reliance that everyone should be able to sustain themselves. A community will rely on its own people to pool their resources and trade among themselves to ensure their survival. They will scrape every little resource they have so they can use it for their basic needs; of course, they would replenish them for future requirement. Managing wastes by recycling or re-using some of them will leave minimal real waste and be less harmful to the community’s own environment. The innovation of every individual would be a great resource for the community so they can continually support themselves and future generations.
Only when you don’t have the necessary resources to sustain your needs, that you’d start looking for trade partners outside your local area. This is where macro economics will come in: every community (state, nation, region) will compliment each other by sharing resources abundant to other communities. Trading fairly among communities and not exploiting other’s ignorance.
If we rely only from multinational companies to supply us with cheaper products (with poor quality) coming from other countries, then we’d be killing our own self-reliance. Surely, local suppliers would have already priced their products fairly to sustain their own survival and be competitive (with better quality you can scrutinise). We’re not even sure if cheaper products from other countries were traded fairly, though multinational companies claim them to be. One such sample is the world’s reliance to oil: supply is controlled only by few countries belonging to a cartel; we’re all at their mercy. It would be beneficial if supply of money is retained within the community, paid/circulated among its own people; a big disadvantage if paid to multinational companies belonging outside the community.
For this reason we have to consume local products when possible. Reducing our reliance on foreign products by transporting only the minimum necessities will also minimise carbon emission that affect all communities as a whole, wherever we are.
There’s always a need to trade outside our own community, we can’t be totally independent, as each land has its own limited resources. (The truth be said.)
(What is life?)