David McConvile and I are using some explicit wording for what he and I are separately working on, using a similar approach in two different venues. The approach was described in the previous blog post here. We are both place-sourcing using pattern recognition to create regenerative communities across a network. We’re using this meaning of regenerative designHe  is working in Montreal and Paris with a group of interdisciplinary scientists and artists. At neighborhood economics we are working with a network of small towns and cities that are on the path to being regenerative places; places the kids want to move back to and bring the grandkids.

Place sourcing, means using an approach of looking at local assets and needs in order to devise, working with the people who live there, (pattern recognition) a culturally literate solution that uses Neighborhood Economics suite of local funding tools to increase the flow of capital into neighborhoods. That means more local business starts, an increase in affordable housing and hiring inclusion and healthier watersheds in their bioregion.

What do we mean by regenerative? One simple answer is that is the next step beyond sustainable and a path to a higher future than simple resilience, which is about the essential task of reacting and coming back to a positive equilibrium after a shock like a climate change influenced flood or tsunami or earthquake or war or terrorism. John Fullerton has written well about it, and this article summarizes his sometimes complicated approach well. Fullerton’s Capital Institute has a white paper on regenerative capitalism here. A video on the road to Regenerative Capitalism is here.

Ps, David’s and Fullerton’s vocabulary and framing of concepts around regeneration was actually created by Bill Reed and it is work that took a long time,and from which my Reinventure Capital partner Shaun Paul also borrows and follows.

I am starting to work on the kids-led riparian justice #biodiversity bond. It’s the centerpiece, the long term, intergenerational bet that is the centerpiece of the Neighborhood Economics funding kit. I am working on with Nancy White, Christine Egger, Sam Rose and others in cities and small towns across the network. It requires an agriculture or nature based cooperative that throws off reliable, regular dividends to generate the long term reliable fuel to make it work, I think. I’ve called a serious bond guy to work out some concepts and guidelines. I’ve never built a bond. This story is soft and needs a walk around the ecosystem to flesh out if it is to become real.

If it works, this will be a globally distributed, locally situated build; build the node of the bond in your economic bioregion based on your own assets and culture. I like the initial concept. It’s a rollout that will be done by lots of conversations and listening and requires multicultural literacy in order to succeed. It is the center piece on the tarot board for as Charles Williams would have put it in the Neighborhood Economics Funding Kit. It is likely to be the only piece we will build ourselves. It’s the piece that comes out of a donor advised fund that can think with a 12 year time horizon.

David McConville helped me work out how to describe my approach. It’s place-sourcing pattern recognition to buiod regenerative communities across a network.

The  Uganda map uganda more than a decade ago we tried to do what this case study 9 does https://netmap.wordpress.com/case-studies/
Working with jeff sachs and the Earth institute. We had $40m of funding from the Global Fund for Aids and Malaria to hold up if the malaria nets went to his supporters in the gray market vs. where they were needed. I did this map with Gary Bolles and Mark Beam to illustrate it. Musveni’s people said no, with expletives’  there’s more aid money that has no strings, so they laughed at our stick. .

The Mom’s made, Kids-led bond, btw, is the central feature of the game. Other game features include the local biocultural diversity market. That market  is linked to, at the discovery phase, the foodshed asset mapping we are doing. Our goal is to create more margin and more biodiversity per acre. Processing, marketing distribution and branding, along with education wwithin the local bioregion coming out of a 100 acre food hub we are helping launch in Yancey County, NC.

Juanita Brown, who created and built World Cafe is leading our engagement. Tom Moroz is a great mapper who’s worked with Soros Open Society and Gates on non profit data. He’s bundling together community tools, like LocalWiki with a platform from the Urban Institute which lists all the non profits in a region, and who their grantors are. It does not at this point, look across

Our local engagement person is Joy Boothe, daughter of a share cropper who became a successful small business person. As an example of what Joy has done, back in 1984 there was no women’s shelter in this poor county. She built a network of people’s houses, including her own, to act as a distributed shelter. Then raised money to build a shelter. Then raised money to train cops and EMT’s in how to deal with spousal abuse. We are following her into the community, funded by a group of aging boomers who want a legacy and who want to create a local economy where their smart kids could move back, possibly. They want their grandchildren nearby. This is the first time Joy will be paid for what she has been doing for 40 years in the community.

We have an approach focusing on bicultural resilience, across a network of resilient small towns and cities that each have lower costs of capital through using the lens we train people to use to create more capital. There is an amazing new light saber we use called philanthropic investing; get a tax deduction, then invest, and you’ve already won. You’ve got your deduction. The money you make comes back to make you a more powerful giver. It reduces the cost of giving; you can lend sometimes, instead of grant or give.

With philanthropic giving, you can think really long term, like 12 years. Or you can think super short term; create a tiny perpetual innovation fund that invests $5k for pure concept startups around food and farming in Yancey County. High failure rate is fine, because the product is a serial entrepreneur who by the third or fourth time, might make it, getting further each time. It’s a long term bet based on smart short term expected failure. You can invest in capacity built on rapid forgivable failure within a collective intelligence learning journey to create wiser entrepreneurs, working within an intergenerational frame.

The dialogues that will be had in a household who are part of a group that implements the other anchor of the bond will be really rich. These are families or communities who share dividends that will come out of the food hub cooperative every year, Imagine this:. Parents will want to think short term; take the abundance and pay the bills or go on a trip. The kids, starting with six year olds, will want a chunk of that abundance put into their bonds. And so will their big brothers and sisters, for their class’s bond. Could be the third grade will become the leader, and other classes will start following them. It uses Juanita Brown’s new Wiser Together approach. Nicole Lazarro is on board to build the card game that will connect all these pieces. I can tell you about the other pieces, too, if you’d like. What you build, if you do, will help them, and they will help you. This thing is being built within several autonomous local groups, each working on a different part of the whole.

Maybe we could call it the Wiser Together Neighborhood Economics Community Engagement and Funding Kit.
First bond product, Rise of the Ecowarriors. The kids of Yancey County would love to be part of it, once you build it to the point they could engage in it. Our first year international project could be REW, but we also look for others. REW has the infrastructure of engagement, and that could be replicated, or brought to scale across several projects, perhaps. The subscription, TV series potential of this project are of course obvious. And Cynthia and Mark see and understand far more of that potential than I do.

I’ve added Nicole because she scoping out a proposal to scope out a card game that links and explains and engages people around this emergent distributed resilient network of small towns and cities. The card game will evolve into a mobile game, once we know the patterns of behavior to code after taking the cards into the field as a story board stakeholder engagement tool. And there will be commerce around the mobile game; the bored children of megabilionaires domiciled in London for tax reasons, who are clients of one of our partners. We hand the game on a thumb drive to them, because they don’t come to Paul Cheng’s office; he goes to their yachts.

Finding the leverage points, motivations, game play structure, etc. for this whole thing is what Nicole, poor dear, has taken on. Nicole has suggested a one day gamestorm around this in Yancey County. We need to raise some more money for that from somewhere. And to build the game itself. I think the community will be really involved in building the game, within an architecture we devise. But I don’t know anything about that.

I would love the game to evolve and to be adaptably locally within a common language of ideas and trade to enable efficient resource flows of social and financial capital within the learning circle of the network of resilient small towns and cities we are part of.

His new book is free; I am spending a lot of the day reading it. Coming from managing virtual economies, he understands we deal in myths we collectively agree to in order to make the economy run. He has gamed this crisis probably 20,000 times, virtually, I bet. I consider him an ally and I want to find a way to have him come to SOCAP15 in San Francisco, the first week in October (we’ve move away from nearly overlapping with Burning Man).

Here is the link to Varoufakis free new book, out January 2015. Here is a link to an excerpt from kindle

Here at 11 minutes in, he asks if Germany is going to plunge Europe into darkness for the third time in a centurey.

Here is his first post 2008 book

Here is the activist art project group he leads with his wife

his site
and on digital economies
what are corporations for, a blog at US gaming company Valve

One of the things with the highest long term potential that I am working on is what I am  calling the Literacies Engine. It will produce a tiny perpetual innovation fund of $5k investments in college students startups focused in the circular economy; reducing waste, carbon foot print, toxic effluent, while also reducing long term cost savings and short term waste handling costs. It should reasonably produce $1.5 million a year through the cost savings of those same entrepreneur cohorts using village capital’s innovative peer due diligence to decide who wins. The hook is that it’s replicable; we can give out $5k to the top startup, selected by the students, every six weeks at each college. And they will also be in a learning network, of other students using the same funds from sorting books for Better World Books and only sending on the ones that will sell.That cost saving will be shared. One fourth of it will go to the Tiny Perpetual Innovation Fund; the $5k to the students for a circular economy selected by peer due diligence. One fourth of the potential $6 million annual savings, to be administered by literacy non profit Reach out and Read for literacies, including indigenous language literacy, entrepreneurial literacy, multicultural literacy, adolescent girls digital literacy as a way to help them find their both and other kinds of literacie. The other half of the savings goes to Better World Books, dropping almost $3 million to the bottom line.

The startups have BWB’s real world supply chain to use as their jungle gym as they try to figure out how to upcycle batteries, phones, mattresses, or who knows what?

We are going to map power and influence and money in a town or city, and find the silos where we could imagine a bridge, discover the valuable stranger, the unlikely ally, in your own bioregion. Our goal is to change the dominant narrative from one of empire, with the market the ravenous dog sent out by empire, to one where we bring the market to heel, tame her and turn her into a working dog, like a border collie, marshaling the sheep, at the shepherd’s design. We want to change the narrative from empire, served by a ravenous market, to one of community. Neighborhood Economics, Nov 12-13, in Louisville KY. We want to tell a new story to our grandchildren by what we do today.

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