[Specifically extractive investing? Explain the free-market neoliberal logic of high mobility capital being deployed anywhere in search of the greatest rate of return at the lowest possible risk].
A community practicing Solidarity Economics try to maximize wealth flows within the community and minimize flows away from the community. Collective local ownership (examples include cooperatives, community land trusts, ...) minimizes the power of concentrated non-local decision-makers to deploy or move financial capital in ways disliked by the local community (such as sending it far away or using it on a project that goes against many people's interests).
[Maybe check Shuman's Going Local]
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