Exercise : Defence Methods to block Investment Money Leakage from Local Communities or Groups
Situation
To build a resilient local economy, communities must retain wealth, understand their existing strengths, and restructure ownership. Here is a comprehensive guide to:
- plugging economic leakage
- conducting asset mapping
- implementing community wealth-building model
source: google.com
...wooah...!...
...without them...
...there'd be no point...!...
...mmmn...
1. Strategies to Plug Economic Leakage
Economic leakage occurs when money enters a local economy but quickly leaves via external corporations, non-local suppliers, or commuter spending. Plugging these leaks increases the "local multiplier effect"—ensuring every dollar circulates multiple times within the community.
Anchor Procurement: Shift the purchasing power of local "anchor institutions" (hospitals, universities, local governments) toward local, minority-owned, and small businesses.
Import Substitution: Identify goods and services currently purchased from outside the community and support local entrepreneurs to manufacture or provide them locally.
Local Currency & Banking: Establish community banks, credit unions, or local complementary currencies (like the Bristol Pound) to keep capital tethered to the geographic area.
"Buy Local" Campaigns: Create structured marketing and loyalty programs that incentivize residents to spend at independent, locally owned retailers.
2. How to Conduct a Community Asset Mapping Exercise
Asset mapping focuses on a community’s strengths, gifts, and resources rather than its deficits. This exercise provides a blueprint for sustainable development.
[Define Scope] ➔ [Form Committee] ➔ [Inventory Assets] ➔ [Map & Visualize] ➔ [Mobilize]
Define the Scope & Purpose: Determine the geographic boundaries (neighborhood, town) and the ultimate goal (e.g., job creation, food security).
Form a Diverse Steering Committee: Include residents, youth, business owners, and faith leaders to ensure deep trust and wide reach.
Inventory Community Assets: Gather qualitative and quantitative data across five core categories:
Individuals: Skills, talents, hobbies, and networks of residents.
Associations: Volunteer groups, sports leagues, cultural clubs, and advocacy groups.
Institutions: Schools, libraries, parks, healthcare facilities, and local businesses.
Physical Spaces: Empty lots, natural resources, community gardens, and infrastructure.
Connections: The relationships, exchange networks, and communication channels linking these assets.
Map and Visualize: Use GIS mapping or physical community boards to plot assets geographically, making the data accessible to everyone.
Analyze and Mobilize: Identify gaps where resources are underutilized and design economic projects that connect existing assets to solve community needs.
3. Examples of Community Wealth-Building (CWB) Models
Community wealth-building restructures local economies so that wealth is democratically held and shared by the people who live and work there.
Model | Core Concept | Real-World Example |
Worker Cooperatives | Businesses owned and democratically controlled by their employees, who share the profits equally. | Mondragon Corporation (Spain): The world's largest federation of worker-owned cooperatives, employing over 70,000 people. |
Community Land Trusts (CLTs) | Non-profit organizations that acquire land to keep housing, commercial spaces, or agriculture permanently affordable. | Dudley Street Neighborhood Initiative (Boston, USA): Reclaimed vacant land to build affordable housing and community spaces managed by residents. |
Municipal Enterprise | Local governments owning and operating revenue-generating utilities or services to reinvest profits back into public infrastructure. | The Preston Model (Preston, UK): A city council-led strategy that redirected millions in public procurement back into local businesses and co-ops. |
Community-Owned Retail | Grocery stores, renewable energy grids, or pubs owned collectively by community shareholders when market options fail. | Community-Owned Pubs (UK): Hundreds of rural pubs saved from closure by residents buying community shares to operate them as hubs. |
source: google.com
...
...collect my subs...
[ "subscriptions" membership fees ]
...depends what...
...on...
...such as local bird-watching club with a monthly newsletter
...oh quarterly...in newsletter...
...uh may depend...
...what [ fee ] are [ the ] sub...!...
...mmmn...
the geographic scale or specific location focused on
address a specific issue like...
affordable housing
food access
job creation
...oh like...
types of stakeholders
local government
non-profits
grassroots neighbors
driving the effort
...i'll keep me...
...in QinetiQ...
...and with that...
...all gone...
...me...
...my type...!...
-> NEED to test one of the methods for practical application to affected local area communities and group activities...
...yes...!...
...will...
...and in...
...un...
...you know...
...what diff...!...
...mmmn...
...hmmm...!...
...uh-huh... ...!...
...ohh...!...
...depend how we measure...
...would...!...
...otherwise...
...we're in endless war...
...a bit...!...
...mmm...!...
...owhhh...
...
Comments