Building Blocks for Economic Sustainability

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Building Blocks for a Sustainable Local Economy May 2010

Transcript of Building Blocks for Economic Sustainability

Page 1: Building Blocks for Economic Sustainability

Building Blocks for a Sustainable Local Economy

May 2010

Page 2: Building Blocks for Economic Sustainability

Working Hypothesis

• Ongoing, Effective Participation in the Global Economy Results from an Established Foundation of Multiple, Interdependent Sustainable Local Economies

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Basic Economic Power Triangle

Capital

Control

ProcessProcess

PowerPowerPowerPower

PeoplePeoplePeoplePeople

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Outputs

Basic Flow of Consumption

Inputs ProcessProcess

PowerPowerPowerPower

PeoplePeoplePeoplePeople

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Global Consum

ptionGlobal Competition

Global Resources

Global Supply

The Global Problem

ProcessProcess

PowerPowerPowerPower

PeoplePeoplePeoplePeople

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Global Competition

Global Resources

Global Supply

ProcessProcess

The Local Solution

PowerPowerPowerPower

PeoplePeoplePeoplePeople

Global Consum

ption

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Global Competition

Global Resources

Global Supply

Emergent Sustainable Local EconomiesG

lobal Consumption

Health / Wellness

Education / Training

Food / Water Systems

Do-It-YourselfSystems

Wants

Communication

AdvantageCurrency

GovernanceEntrepreneurship Renewable

Energy Systems

DeliverNeeds

ComplementGlobalization

RetainCapital

ReinvestIn People

Security / Safety

Transactions Systems

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Building Blocks for Sustainable Local Economies

Communications

Health / WellnessEducation / Training

Governance

Advantage

Food / Water Systems

Renewable Energy Systems

Do-It-YourselfSystems

Security / Safety

Transactions Systems

Wants

Entrepreneurship

Currency

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Rules and Metrics for Sustainable Local Economies

Communications

Health / WellnessEducation / Training

Governance

Advantage

Currency

Food / Water Systems

Renewable Energy Systems

Do-It-YourselfSystems

Security / Safety

Transactions Systems

Wants

EntrepreneurshipDeliver Needs

Complement Globalization

Retain Capital

Reinvest in People

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Rules Metrics