Building Community Wealth by Ruth Glendinning and David Armistead
1. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
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Building Community
Wealth
The Seven Principles of Rooting Community Wealth
2. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
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First we need to establish that we
need more capitalism, not less, but
it must be real.
3. Copyright: Thriving Community Solutions, 2016.
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Emergence of Full Spectrum Capital
• Gold = Transformative Capital Forms
• Blue = Social Capital Forms
• Green = Material Capital Forms
• History flowed in three phases
1. Hunting/gathering economy
2. Agro-Industrial economy
3. Knowledge economy
• Each phase increased
1. system complexity
2. knowledge content
3. rate of change
• Capital returns increase in each phase
1
2
3
4
Community Wisdom
EmpathyFinance
Energy
Natural
Systems
(ultimate source of all
capital)
Social
(conditioned
networks of
relationships)
Time
Materials
(dematerializing)
Knowledge
Human
(skilled people)
Labor
(automating)
4. Copyright: Thriving Community Solutions, 2016.
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Full Spectrum Capital
5. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
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How Community Builds Wealth
Shifting from Spending-to-Survive to Investing-to-Thrive
6. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
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Rooting Community Wealth
• The requirements to realize the community
purpose in an ongoing (sustainable) fashion are:
• Community Social Contract
• Integral Community
• Full Spectrum Capital
• Community Wealth
• Local Recirculation (i.e. Metabolic or Circular Economy)
• Local Co-Reliance
• Eco Balance
7. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
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The Prime Directives for Building Local
Wealth
• Create and hold a firm shared commitment to
create thriving together.
• Produce and use all the necessities of life locally:
food, water, energy, etc.
• Continually recycle all local capital to hold it in a
working status at all times.
• Continually ‘learn forward’ and shrink your local
eco-footprint to zero.
• Act to continually grow and add complexity the
local commerce of self-reliance.
8. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
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Spending to Survive – Life’s necessities are
produced far away
• Limits the local capital used for necessities to
finance capital only
• Exports all local capital used for living at the time of
use
• Exports the capacity for self-reliant living as gains
elsewhere
• Oversimplifies the local commerce, lowering
sustainability
• Induces opaque and competitive actions in the
community
9. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, 444 Castro Street, Suite 900, Mountain View, California, 94041, USA
Investing to Thrive – Life’s necessities are
produced locally
• Expands the local capital used for necessities to all
capital forms
• Recirculates the local capital used for living, at the time
of use
• Recirculates the capacity for self-reliant living as gains
locally
• Accumulates locally the margins on self-reliant living
• Adds complexity to the local commerce
• Induces transparent and collaborative actions in the
community
10. Copyright: Thriving Community Solutions, 2016.
This work is licensed under the Creative Commons Attribution-ShareAlike 4.0 International License. To view a copy of this license, visit
http://creativecommons.org/licenses/by-sa/4.0/ or send a letter to Creative Commons, 444 Castro Street, Suite 900, Mountain View, California, 94041, USA
David Armistead, Principal
david@thrivingcommunity.solutions
512-589-3998
Ruth Glendinning, Principal
ruth@thrivingcommunity.solutions
580-775-6798