Transcript Cornelia Butler Flora Charles F. Curtiss Distinguished

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
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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
• CulturalLocal and traditional knowledge is
differences are
recognized and appreciated and enhanced
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
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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
networks
– Permeable and open
boundaries
– Legitimization of
alternatives
Dimensions of Social Capital:
Implications for Regional Development
Bridging
+
Clientalism
Progressive Participation
Change driven by goals of
outsiders
Change driven by regionallydetermined goals
Bonding
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Extreme individualism
Strong Boundaries
Rich solve problems through
financial capital. Poor have
few options
Communities resists change;
often groups within the
community don’t trust each
other and do not cooperate
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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
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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
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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