16 Building Blocks of a Green, Entrepreneurial, Cooperative, Caring Economy

1. Sixteen Building Blocks of a Green, Entrepreneurial, Cooperative Caring Economy By Guy Dauncey www.earthfuture.com

2. The transition from a capitalist to a cooperative economy could be one of the defining achievements of the 21st century

3. Green

4. Entrepreneurial

5. Cooperative

6. Caring

8. O G E M A A NEW ECONOMY

9. Capitalism was built over time, block by block…

10. Capitalism was built over time, block by block… Private Property Ownership

11. Capitalism was built over time, block by block… Private Property Ownership The Market system

12. Capitalism was built over time, block by block… Private Property Ownership The Market system Double Entry Book Keeping

13. Capitalism was built over time, block by block… Banking Private Property Ownership The Market system Double Entry Book Keeping

14. Capitalism was built over time, block by block… Limited Liability Banking Private Property Ownership The Market system Double Entry Book Keeping

15. Capitalism was built over time, block by block… Limited Liability Banking Private Property Ownership The Market system Double Entry Book KeepingContract Law

16. Capitalism was built over time, block by block… Limited Liability Banking Private Property Ownership The Market system Double Entry Book Keeping Credit Cards Contract Law

17. Capitalism was built over time, block by block… Limited Liability Banking Private Property Ownership The Market system Tax Havens Double Entry Book Keeping Credit Cards Contract Law

18. We must build the Green Entrepreneurial Cooperative Caring Economy in the same way: Block by Block

20. Strengthen Entrepreneurialism 11

21. Support for Business Start-Ups Helping people to start businesses and coops including women, youth, First Nations, minorities…

22. www.startupcommunities.ca Train New Entrepreneurs

23. Youth enterprise in schools

24. Since launching in 2012: •85,000 members and 400 business support providers •Mentored more than 20,000 entrepreneurs •Worked with more than 5,000 startup businesses •Facilitated the development of 25+ entrepreneur co- working spaces, and major enterprise initiatives •Launched 20 startup community hubs from St. John’s to Smithers •Mobilized $25m in investment and in-kind resources from 500 volunteers and industry partners

26. Build A Regional Business Network Businesses and cooperatives working together to build the regional economy 22

27. Emilia Romagna, Italy • Population 4.4 million • $$$, top ten European regions • 32% self-employed • 76% work in small business with 4-5 workers • Italy’s 4th largest exporter • 400,000 enterprises • 7,500 cooperatives • Strong tradition of reciprocity, regional economy mutual support, financed by 0.4% levy on sales •Regional credit system with close ties to local enterprises • Lowest unemployment • Highest rate of citizen satisfaction in Italy Cooperating Together

28. Half a million businesses in the region pay a 0.4% levy on sales to local inter-business organizations. In return, they receive support with financing, training, research, development strategies and export efforts.

31. Start New Cooperatives

32. 1,250 coop members in industry, agriculture and services, employing 150,000 people. Under Italian cooperative law each coop pays 3% of its annual surplus into a national fund for cooperative development.

33. 33 Build Community Development Corporations

34. New Dawn Enterprises, Sydney, Nova Scotia, Incorporated 1976 Founding Member of the Canadian CED Network.

35. New Dawn employs 175 people through its companies and projects.

36. Companies with more Women Board Directors experience higher financial performance Catalyst Bottom Line

38. Transform Banking 44

39. Triodos, Holland The World’s Greenest Bank

41. Credit Unions 500,000 members

42. Microlending

44. Zero-Interest Banking “Together We Make More”

45. 55 Start Community Currencies

47. “Spending Bristol Pounds acts like a plug to stop money leaking out of Bristol, making a stronger local economy.” £300,000 in circulation after one year Backed by Pounds Sterling, held in trust account

48. 66 Inter-Business Cooperative Credit

49. WIR Bank, Switzerland. Founded 1934 wirtschaftsring = ‘Community economic circle’ Asset based electronic currency 62,000 members, $3.5 billion assets WIR Bank operates as a counter-cyclical influence whenever there is a downturn, and credit dries up.

50. Transform the Corporation 77

52. Benefit Corporations

53. Benefit Corporations

54. Benefit Corporations in Vancouver Aquatic Informatics Aroundsquare Ltd Big Room Inc. Brix Media Co. Climate Smart Business, Inc. Ethical Bean Coffee Fairware Promotional Products. Flipside Creative Hootsuite Junxion Strategy Kent Employment Law Leverage Lab Light Trail Consulting Lunapads Mills Office Productivity Pyrrha Realize Strategies Recollective Consulting Renewal Funds RTOWN Saul Good Gift Co Save On Meats SES Consulting SMAK Food Inc soulpepper SPUD Sustainability Television Yulu Public Relations Inc.

56. Treating Nature as a Being to Respect not a Resource to Exploit 88

57. Counting and taxing Nature’s external costs Regulating effectively to protect habitat Compassionate care for farm animals Fully protected habitat zones A green restorative economy 100% sustainable fisheries 100% sustainable forestry 100% renewable energy 100% organic farming Zero waste An Ecological EconomyAn Ecological Economy

58. Green Business Certification

59. 99 Make a planned transition to 100% Renewable Energy

60. Price of Solar Module per Watt 1977: $77 1997: $7 2013: $0.7

62. Germany 73 RE Regions 60 Starter Regions 3 Urban Regions 22 million people

64. Grist, November 2014

68. Australian/Chinese Brighsun Bus 1027 km on one charge

69. By 2025, Holland is preparing to ban the purchase of gas and diesel cars

70. Almost 400,000 advance orders placed for The Tesla Model 3. $35,000 US 320 kilometres range

71. Future Scania electric truck, recharging by an inductive roadway.

72. Passive Houses, Victoria 90% reduced heat loss

73. Brussels, Belgium Since 2015, all new buildings and retrofits are required to be Nearly-Zero Energy, based on the Passive House Standard.

74. Almost Twice as Many Green Jobs in Canada By Guy Dauncey 800,000 fossil fuel jobs lost 1,000,000 green energy jobs gained

76. Reduce Poverty Inequality Unaffordable Housing and Homelessness 1010

80. Tax Reform

81. Eliminate Student Debt

82. $15 Minimum wage

83. Basic Income Guarantee

86. • 25 First Nations MPs in Ottawa • BC’s Premier a First Nations woman • Free college education • Land treaties signed across the country • First Nations people becoming teachers, lawyers, doctors, engineers, politicians • Westshore coal terminal at Tsawassen a centre for First Nations history, celebration, tidal energy & eelgrass recovery. Some First Nations Breakthroughs by 2032

87. 1111

88. Vancouver Average House Price January 2016 Single Family: $1,850,000

89. Vancouver Average House Prices, January 2016 Condo: $1,200 per sq. ft.

93. Super InTent City, Victoria Courthouse

95. Eliminate Homelessness

97. in Medicine Hat, Saskatchewan

99. Renovate and Transform the Rooming Hotels

100. Temporary Tiny Homes Zones on Vacant Land

101. Boneyard Studios, Washington DC

103. Developer incentives to build 100% rental properties

104. Zoning requirements to include 20% affordable & family-oriented

105. Rezone Single Family Areas

106. to allow affordable townhouses

107. Seattle’s property tax levy has enabled the construction of 12,500 apartments with below-market rents. An affordable housing tax levy

108. Escalating taxes on properties left empty

109. Escalating property transfer tax on top-end real estate sales

110. Speculation tax on properties flipped within a year

111. Offshore tax on homes bought through tax-havens

112. An Inheritance Tax on Estates above a certain value

113. Affordable Housing Tax on AirBNBs 67% of Vancouver AirBNBs are for whole house or apartment

114. Pour all the new money into building Affordable Housing

115. Marine Court Housing Cooperative, Vancouver

116. Shipping Container Homes 280 sq. ft. 12 units, base cost $85,000 each

118. Car-Free Laneway Housing No parking permits, rainwater collection, zero-net energy

119. www.loftcube.net Rooftop Housing

120. Protect Public Ownership and the Role of Government 1212

121. Healthcare Education Social Security Insurance Utilities Affordable Housing Public Banking Research & Development Effective Regulation

122. The Entrepreneurial State

124. “It is indisputable that most of Apple’s best technologies exist because of the prior collective and cumulative efforts driven by the State.” - Mariana Mazzucato

126. Create Public Banks1313

127. 40% of all banks in the world are Public Banks Germany Holland Hungary India Japan Macedonia Mexico New Zealand Norway Poland Russia Slovenia South Korea Spain Sweden Switzerland Syria Taiwan

128. Banks create credit out of thin air “credit” = “credo” = “I trust”

129. “When banks extend loans to their customers, they create money by crediting their customers’ accounts.” - Sir Mervyn King Governor of the Bank of England, 2003-2013

130. A Public Bank creates credit the same way private banks do

131. When a private bank creates money, the interest earned returns to its investors

132. When a credit union creates money, the interest earned returns to its members

133. When a public bank creates money, the interest earned returns to the public

134. In post-war Japan, Taiwan, South Korea and now China, public banking has been at the core of their development success. In Germany, 432 public municipal savings banks and 1116 cooperative banks provide two-thirds of all lending to Mittelstand companies, 43% of lending to all companies and households, and 70% of domestic lending. In Australia, for most of the 20th century the publicly-owned Commonwealth Bank of Australia was the nation’s central bank. In Alberta, the publicly-owned Alberta Treasury Branches provide financial services to 680,000 Albertans, serving 242 communities. In New Zealand, the publicly owned Kiwibank, established in 2002, has 800,000 customers, operating through the Post Office. PUBLIC BANKING AROUND THE WORLD

135. Founded in 1919 by the Non-Partisan League Loan Portfolio of $2.6 billion Lowest unemployment in US No state budget deficit

137. Mission “to deliver quality, sound financial services that promote agriculture, commerce and industry in North Dakota.”

138. Much of its loan portfolio is participation loans to local community banks, mostly businesses and farms. By doing this, BND expands the lending capacity of North Dakota’s community banks, and absorbs some of the risk.

140. “More profitable than Goldman Sachs, has a better credit rating than JP Morgan and Chase, and hasn’t seen profit growth drop since 2003. Meet the Bank of North Dakota, the U.S.’s lone state-owned bank. Return on equity (…) is 18.56%, about 70% higher than at Goldman Sachs and J.P. Morgan.” November 19, 2014

144. Re-instate the pre-1974 powers of the Bank of Canada

145. The Public Bank of British Columbia, est. 2021 • Stores government and crown agency revenues • Creates new money by the act of lending • Saves taxpayers up to 50% in interest costs on critical infrastructure like bridges, trains and schools • Eliminates billions in bank fees and money management for cities and the province • Supports community bank loans to clean energy, building retrofits, farms, First Nations projects, value-added forestry, hi-tech, community development corporations, small businesses, students. • Provides counter-cyclical relief by issuing credit at low or zero cost to revitalize infrastructure and other services

146. Re-instate the pre-1974 powers of the Bank of Canada

147. New Ways of Measuring Progress 1414

151. Guy Dauncey 2013 www.earthfuture.com

153. Gross Depletion of the Planet + Yield - Costs = Profit

158. Craft a New Green, Sustainable Economics Profession 1515

159. Five Star Thinkers of a Socially Just Economy Mariana Mazzucato Muhammad Yunus Ellen BrownHa-Joon Chang Thomas Piketty

161. Build a A New Global Financial Architecture 1616

163. Close Down the Tax Havens

164. The Panama Papers

165. Abolish Every Tax Haven

168. Two Organizations Doing Great Work for a New Economy New Economics Foundation London, UK www.neweconomics.org New Economy Coalition USA www.neweconomy.net

169. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block

170. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks

171. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks

172. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups

173. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations

174. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations Benefit Corporations

175. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations Benefit Corporations Green Business Certification

176. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations Benefit Corporations 100% Renewable Energy Region Green Business Certification

177. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations Benefit Corporations Entrepreneurial State 100% Renewable Energy Region Green Business Certification

178. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Public Banking Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations Benefit Corporations Entrepreneurial State 100% Renewable Energy Region Green Business Certification

179. We will build the Green Entrepreneurial Cooperative Economy in the same way: Block by Block Public Banking Regional Business Networks Cooperatives Support Networks Help with Business Start-Ups Community Dev. Corporations Benefit Corporations Entrepreneurial State 100% Renewable Energy Region Genuine Progress Indicators Green Business Certification

180. The transition from a capitalist economy to a green, entrepreneurial cooperative economy could be one of the defining achievements of the 21st century.

181. www.slideshare.net/GuyDauncey

182. www.journeytothefuture.ca

183. Guy Dauncey 2013 www.earthfuture.com www.earthfuture.com

16 Building Blocks of a Green, Entrepreneurial, Cooperative, Caring Economy

16 Building Blocks of a Green, Entrepreneurial, Cooperative, Caring Economy

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