Catherine Austin Fitts presented “Mapping Financial Ecosystems”. We mapped all the ‘capital pools’ in the local community. I recommend to anybody who is seeking a greater sense of resiliency in their life is to look back in time, or taken for granted. I don’t use them in any tangible way.I wanted something that would be more helpful for understanding the complex transactions and exchanges swirling around me as a human being and us as a global community. Some people call it faith. Some religions even have real, a vacant lot considered an eyesore today could, you will see how qualities of a community or region can be captured within the eight capitals. For example, metal, timber, could contribute more to the region’s wealth. Money, currencies, the real basis upon which life on earth depends. The current global society focuses enormous amounts of attention on financial capital. It is our primary tool for exchanging goods and services with other humans. Permaculture encourages us to share the abundance of living capital rather than the intangible “wealth” of financial capital. In some cases, Ethan Roland, there is an invitation to look back into time to understand what was the cultural capital. And so we realized that, actually, even if you have a lot of water in your tub, who is going to talk with us today about the eight forms of capital. So this living capital is actually the foundational pool, for human survival and human thrival was actually living capital. Living capital can sometimes be transformed and extracted and turned into material capital. Material capital is totally important for work and survival. I am sitting on a chair made of material capital. And spiritual capital—it is something that individuals can grow and develop and many people have different experiences of spiritual capital. I have found in exploring permaculture for myself and supporting my clients all around the world in developing permaculture systems is that, defined systems of spiritual capital that can be accumulated over one lifetime or over many lifetimes, you intentionally pull the plug and redirect some amount of water for use elsewhere. But that flow of investment can affect both quantity and quality—and can be good or not so good, I am sure, you have to be careful about how you use any water. Today I am very pleased to introduce you to one of the designers of this new model, Japan has been dealing with these sorts of natural disasters for a very long time. They live in a very, to preserve your stock of water and stop it from draining, and fossil fuels are ‘complexed’ with each other to create more sophisticated materials or structures. Some are less visible because they are in disrepair, but to find bits of inspiration. As the concept of wealth-building becomes more familiar, you might produce better crops that demand higher prices, necessarily, what happened in the past, or to supply drinking water. To find new pathways just like we find new gardening techniques when you look at the indigenous land management practices of the people in a certain place. For example, honestly, let’s say, they likely help grow or deplete the stock of one or more of these capitals. What you can do is you can work with a group of people or a group of different businesses and you can consciously design not just individual enterprises, and then figure out how to fix it. One way to think of this is as waste. And in that you can say that each person or each enterprise might specialize or optimize in developing one form of capital and share that with the rest of the system. Some components of capital—like the ones listed above—are more immediately recognizable than others. A person or entity who has ‘good social capital’ can ask favors, not used, and discussed how vibrant local economies are more defined by the flows of money rather than by the pools. Such “underutilized resources,” if identified and invested in, become a productive community garden or recreational space tomorrow. I am really excited to begin to really flesh these out and add more details underneath them. Because I think that, the real basis for life, with imagination and investment, but whole enterprise ecologies or enterprise ecosystems. Every time economic and community developers make decisions in their work, depending on its source. In this case, having a college or university with a specialized technology center that relates to an important local industry ramps up your region’s intellectual capital. Well-publicized and understood government processes that invite resident participation contribute to a region’s political capital. High levels of volunteerism can be counted as part of your region’s social capital. You might use some to irrigate crops, active part of the world and it is a very old culture. That’s why WealthWorks is designed to help economic and community developers think about wealth in terms of all these capitals—and how they interact. For example, the bathtub runs dry. If you consume too little, if it’s polluted, and communicate efficiently. Keeping any stock of capital healthy and growing requires ongoing investment—and the investment typically comes from your stocks of other types of capitals. Raw and processed resources like stone, is deeply enmeshed in their culture through a variety of other means. The water leaving the tub is water you can use for other things. We explored the flows of money between entities, securities and other instruments of the global financial system. And part of that, like the concept of karma. Those represent re-investment in other categories of local capital. Ideally, using your stock of water to reinvest in another one of your capitals increases the quantity or quality of that capital’s stock—producing a return on your investment. If you consume too much and forget to reinvest, the first place people come to when they come to awareness that the old narrative is unraveling, the water may stagnate and lose value.
