Capital Resources invested to create new resources over a long time horizon Built Capital Financial Capital Natural Capital Political Capital Vital Economy Social Inclusion Healthy Ecosystem
Cultural Capital Social Capital Human Capital Natural Capital Air quality, wind and sun Water -- quantity and quality
Soil and minerals brownfields Biodiversity- wildlife and plants Landscape Natural capital provides possibilities and limits to human action. It influences and is influenced by human actions. Sustainable, healthy ecosystems with multiple community benefits human communities plan and act in concert with natural systems
ecosystems are used for multiple community benefits those with alternative uses of the ecosystem seek common ground Cultural Capital Cultural capital determines how Cosmovision spirituality Symbols-sense of place Ways of knowing Language-history Ways of acting Definition of what is problematic
we see the world, what we take for granted, what we value, and what things we think possible to change. Hegemony allows one social group to impose its symbols and reward system on other groups. Cultural Capital Local and traditional knowledge is appreciated and enhanced Cultural differences are recognized and valued. Traditional knowledge and historical places are maintained
Communities are willing to take the time to understand and build on different ways of knowing and doing. Education, including distance Skills Health Self-esteem, Self-efficacy Human Capital The characteristics and potentials of individuals that are determined by
the intersection of nature (genetics) and nurture (social interactions and the environment) Increased use of the knowledge, skills, and abilities of local people Identify capacities Enhance capacities Recombine capacities Social Capital
mutual trust reciprocity groups collective identity sense of shared future working together The interactions among individuals that occur with a degree of frequency and comfort. Bonding social capital consists of interactions within a specific group and bridging social capital consists of interactions among different social groups. Social Capital
Bonding Tight, exclusive networks Strong distinction between insiders and outsiders Single answer focus Bridging Open and flexible network Permeable and open boundaries Legitimization of alternatives Dimensions of Social Capital: Implications for Regional Development Bridging
+ Progressive Participation Clientalism Change driven by regionallydetermined goals Change driven by goals of outsiders Bonding - + Extreme individualism
Strong Boundaries Rich solve problems through financial capital. Poor have few options Communities resists change; often groups within the community dont trust each other and do not cooperate - Improved regional initiative, responsibility, and adaptability Shared vision Building first on internal resources
Looking for alternative ways to respond to constant changes Loss of the victim mentality Loss of cargo cult mentality PoliticAL Capital Organization Connections
Voice Power Political capital is the ability of a group to influence standards, regulations and enforcement of those regulations that determine the distribution of resources and the ways they are used. People who share a vision for a sustainable future are organized and work together They know and feel comfortable around powerful people as well as those often
excluded They make sustainability part of the political agenda Political Capital Increased voice and influence Financial Capital Savings Debt capital Investment capital Tax revenue Tax abatements Grants
Philanthropy Forms of currency used to increase capacity. Financial capital is often privileged because it is easy to measure, and there is a tendency to put other capitals into financial capital terms. Reduced poverty Increased efficiency Increased economic diversity Increased assets of
those who live in the community Appropriately diverse and healthy economy Sewers & water systems Plants Machinery Transportation
Human-constructed Electronic communication infrastructure used as tools Soccer fields for production of other Housing capitals Built capital BUILT CAPITAL Physical infrastructure that enhances other community capitals because It serves multiple users It can be locally maintained and improved It links local people together equitably
It links local people, institutions and businesses to the outside Spiraling down Spiraling of Capital Assets Loss of jobs. Decline in population. Decline in per capital income. Loss of generational wealth transfer.
Spiraling of Capital Assets Spiraling up Local philanthropy provides ongoing funding. Cultural capital increases. Involve youth; Support entrepreneurship; Capture 10% of wealth transfer. Bridging social capital brings outside expertise together with internal wisdom. Built
Capital Financial Capital Natural Capital Vital Economy Social Inclusion Healthy Ecosystem Cultural Capital Political Capital Social Capital Human
Capital
