Financial

Mentions

• From Transforming or Reforming Capitalism - Chapter 2 - Ghorayshi, Gradon, Kliewer "Towards a Social Theory in Community Economic Development: Idealizing Community in the Era of Globalization": The growth-based approach assumes developing local industries to integrate into the larger capitalist economy to bring more prosperity. Ironic concerns arise around societical fragmentation due to adapted CED terms (and related terms, such as "social capital" used like a financial state rather than relationships), and making communites bankable components of the larger capitalist system. Interventions end up serving individuals rather than communities, dismember government, and serve as forms of social control by their definition. The section concludes that this kind of growth is most appropriate in emergencies, with more complex process required under ordinary circumstances.
• From MW150121 - Transformed by Community Economic Development.pdf: Issues: A partnership, or farming out government work? Political and financial autonomy.
• From Shared Space Chapter 1 - Reaching for Resilience: The opportunity cluster provides an investment in employment related skills. Activities and organizations stem from collective entrepreneurship, creation of development accounts, learning bonds, home ownership, and financial assets, and are guided by principals of democratic engagement and shared profit.
• From Shared Space Chapter 2 - Organizing for complexity: Building Communities from the Inside Out (manual), Development as Freedom, Community Resilience Manual are works focused on assessing assets, vitality, and diversity, and creating sustainable livelihoods. These include capital (natural, built, social, human, financial, cultural), and delve into the specific contributions of members such as young people, people with disabilites, and seniors, focused on skills and contributions of community members.
• From Transforming or Reforming Capitalism - Chapter 3 - Lamb "Towards an Economic Theory of Community Economic Development": A cost-benefit analysis illustrates that financially un-viable projects may be socially viable if the market does not consider the true costs and benefits, including employment at below market costs. Shadow prices are subsituted, as well as to land and unemployed capital.
• From Shared Space - Chapter 4 - Supporting Sustenance: Non profit or social housing are often confronted with 'not in my backyard' syndrome, which can be countered by levering financial capital for community economic development.