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Building Community Wealth by Ruth Glendinning and David Armistead

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Presentation given to the Lost Creek Civic Organization on May 5, 2016 by Ruth Glendinning and David Armistead.

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Building Community Wealth by Ruth Glendinning and David Armistead

  1. 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 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 Building Community Wealth The Seven Principles of Rooting Community Wealth
  2. 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 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 First we need to establish that we need more capitalism, not less, but it must be real.
  3. 3. 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 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. 4. 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 Full Spectrum Capital
  5. 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 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 How Community Builds Wealth Shifting from Spending-to-Survive to Investing-to-Thrive
  6. 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 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 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. 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 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 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. 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 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 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. 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. 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

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