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Date: 2019-03-23 Page is: DBtxt001.php L0700-II-CAPITAL-IS-STATE


IDEAS to make the world a better place
CAPITAL is STATE
CAPITAL ... everything that goes into the STATE of the ENTITY




Community Strategies Group. For this and other tools, visit wealthworks.org. '../../DBpdfs/Ideas2/Capitals/theeightcapitals.pdf'>
The eight capitals

Eight discrete capitals


WealthWorks simplifies things by organizing these local features into eight discrete capitals, which are defined in the table below and share the following characteristics:
Each capital is a collection of one category of related resources; every region has a stock of each type of capital—meaning the combined quantity and quality of the many components of that capital in the region; and taken together, the existing stocks of these capitals constitute a region’s current wealth.
TVM observation 170831 : YES, this validates the idea that CAPITAL (WEALTH) is STATE, and it is then a simple logical step to argue that if today's STATE is better than yesterday's STATE, then that is PROGRESS!
A related step is to do for ALL the CAPITALS what financial analyists do for FINANCIAL CAPITAL, that is to compute the NET PRESENT VALUE (NPR) for ALL the CAPITALS and not just for CAPITAL associated with the corporate sector and the stock markets!
What then is the NPV for the built infrastructure of coastal cities that are increasingly prone to damage from flooding associated with the failure to upgrade this infrastructure due to the increased frequency of extreme weahter events?
The capital The definition
Individual The existing stock of skills, understanding, physical health and mental wellness in a region’s people.
INDIVIDUAL: The skills and capacity, including health, that allow individuals to be productive. Investments in human capital include spending on skill development, education, training, and health maintenance and improvement.
Intellectual The existing stock of knowledge, resourcefulness, creativity and innovation in a region’s people, institutions, organizations and sectors.
INTELLECTUAL: The knowledge, creativity, and innovation needed to solve problems and develop new ways of doing things. Investment in intellectual capital is through research and development and support for activities that increase innovation, as well as diffusion of new knowledge and applications. It can come from sharing with other people and communities.
Social The existing stock of trust, relationships and networks in a region’s population.
SOCIAL: The trust, networks, and inclusive relationships needed to get things done. Investments in social capital are those that lead to new conversations, shared experiences, and connections between individuals and groups and/or strengthen relationships within groups.
Cultural The existing stock of traditions, customs, ways of doing, and world views in a region’s population.
CULTURAL: The traditions, customs and beliefs shared by the community, including the way you see the world. Investments in cultural capital can help to preserve tradition while also helping to shift and align beliefs in ways that help people develop shared values and history.
Natural The existing stock of natural resources—for example, water, land, air, plants and animals—in a region’s places.
NATURAL: The productive environmental assets (e.g., air, water, land, minerals, plants, animals, fish, ecosystem services) in a region. Investments in natural capital include restoration and maintenance.
Built The existing stock of constructed infrastructure—for example, buildings, sewer systems, broadband, roads—in a region’s places.
BUILT: The fully functioning constructed infrastructure (e.g., buildings, sewer treatment plants, manufacturing and processing plants, energy, transportation, communications infrastructure, technology) needed to support community well-being. Investment in physical capital is in construction, renovation, and maintenance. Built capital depreciates with use and requires ongoing investment to maintain its value.
Political The existing stock of goodwill, influence and power that people, organizations and institutions in the region can exercise in decision-making.
POLITICAL: The voice, power and influence over decisions needed to achieve your goals, including the distribution of resources. Investments in political capital are made through inclusive organizing – gathering and disseminating information, providing access to decision makers, creating broader constituencies and increased voice.
Financial The existing stock of monetary resources available in the region for investment in the region.
FINANCIAL: Financial capital, including investments and personal savings, generates monetary returns that can be used for further investment or consumption. Stewardship of financial capital implies responsible investment to generate added income as well as eliminate unnecessary cost or waste. In creating wealth, we strive to invest financial capital in ways that increase and improve the quality of the other six forms of capital.
Intellectual The existing stock of knowledge, resourcefulness, creativity and innovation in a region’s people, institutions, organizations and sectors.
Anyone is welcome to share and duplicate this document. With the exception of photos, this material is meant to be adapted for presentations, trainings, and other printed materials if credit is given to the WealthWorks Initiative Partners and the Aspen Institute Community Strategies Group. For this and other tools, visit wealthworks.org.
THE CAPITALS: DETAILED DEFINITIONS

GO Voucher Wealth How the extended family heals our immediate family that builds the center of influence network that redefines: Health, Wealth, Habitat, and Habit as we know it. MANIFESTATION Where do Voucher Wealthy people go to Manifest? By helping three others become voucher wealthy at the same time, It becomes simple and fun. CHESS OUTSIDE THE BOX Applying Voucher Wealth and ManifeStation over the chess board to develop the trading matrix to receive in four different ways. INTEGRITY POOL Take the five five-fold ministry model, Ephesians 4:8 and turn it into a consultancy.
... Evangelist= Client Finder
... Apostle=Proposal Writer
... Profit= Sales consultant
... Pastor=Facilitator
... Teacher=Project Manager PURPOSE TANK Think of it as the Shark Tank meets the Blue Economy at the Purpose Economy. By applying the principles of the Five-Fold Consultancy it becomes simple and fun. KEEPING/MAKING CHANGE Make the adjustments in your own life and help other people do the same. Share it one-on-one or in a group. Having that level of accountability in your life makes applying it simple and fun TRUSTEESHIP Doing all these things in succession activates your center of influence/COIN CHARITY Doing all these things make charity a natural occurrence to make the most of every minute.


ORGANIZATION
THE IDEA OF ORGANIZATION / BIG PROJECTS TAKE ORGANIZATION / THINK THE PYRAMIDS IN EGYPT
Without organization there is chaos. One of the things that has made modern productivity possible

Many Forms of Organization
ORGANIZATION
THE IDEA OF ORGANIZATION / BIG PROJECTS TAKE ORGANIZATION / THINK THE PYRAMIDS IN EGYPT

WITHOUT ORGANIZATION THERE IS CHAOS. There are many ways to organize, but the primary goal of organization is to do something with efficiency. Measurement is an essential part of effective organization.
Open n8-ORGANIZATION

THE ROLE OF ORGANIZATIONS
ORGANIZATIONS ARE USED TO IMPLEMENT IDEAS.

Organizations have been a very important part of economic and financial performance for several hundred years. The metrics used in for-profit organizations to manage profit improvement have been very effective, but insufficient because they have ignored externalities up until now.
Open L0700-ORGANIZATIONS

NAVIGATION VIA DIFFERENT GROUPS OF ORGANIZATIONS
There are many types of organizations, and many individual organizations. All of them have different characteristics. Some are making profit and doing good. Others are making profit and doing immense damage to society and / or the environment. We need to know a lot more about these characteristics in a way that is efficient, timely and relevant.
All sorts of Organizations
Unclassified
Open L0200-ORG-MAIN
Companies
Manufacturing, resource extraction, distribution, etc. (not banking)
Open L0200-ORG-COMPANIES
Banking and Finance
Banks and Financial Service Organizations
Open L0200-ORG-BANKS-FINANCIAL-SERVICES
Initiatives
Projects and organizations implementing an idea
Open L0200-ORG-INITIATIVES
Multilaterial Organizations (MLOs)
Development Banks, United Nations, Area organizations
Open L0200-ORG-MLOSs
Cooperatives
Cooperatives / Collectives / Mutual organizations
Open L0200-ORG-COOPERATIVES
SMEs
Small and Medium Sized Enterprises (SMEs)
Open L0200-ORG-SMEs
International NGOs
International Development Assistance / Humanitarian Assistance
Open L0200-ORG-IDA-HR
NGOs / NPOs
Non-Government Organizations (NGOs) / Not for Profits
Open L0200-ORG-NGOs-NPOs
Think Tanks
Policy Analysis Organizations
Open L0200-ORG-THINK-TANKS



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