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Photo Credit: Sasha Kimel March 29, 2012 | Like this article? Join our email list:
A cooperative is a business. Co-ops range in size from small store-fronts to large Fortune 500 companies. In many ways, they're like any other business, but differ in several important ways. Cooperatives Are owned and democratically controlled by their members-the people who use the co-op’s services or buy its goods-not by outside investors; Co-op members elect their board of directors from within the membership. Return surplus revenues (income over expenses and investment) to members proportionate to their use of the cooperative, not proportionate to their “investment” or ownership share.
Financial Permaculture is an approach to economics that emphasizes personal investment and community development. For example, a person may choose to walk away from a full-time job at a multinational corporation in order to purchase or acquire through other means land, and then grow their own food. By quitting the job the person has an abundance of time to focus on gardening or other creative pursuits. Further, due to the change in lifestyle, organic food and lots of exercise, their health improves.
The eight forms of captial is a excellent foundation for the concepts behind financial permaculture. It was developed in collaboration by some of my closest permaculture mentors such as Ethan Roland , Gregory Landua , and Catherine Austin Fitts . The primary idea behind the eight forms is that they interchangeable and dynamic. Please enjoy this text and share it with in the businesses, organizations, and groups that you are a part of. You can find more info about financial permaculture here . Rate this:
In 1989, I was serving as Assistant Secretary of Housing. The housing bubble of the 1980’s had burst, and foreclosures were rising. The mortgage insurance funds of the Federal Housing Administration (FHA) were experiencing dramatic losses. We were losing $11 mm a year in the single-family fund. All funds had lost $2 billion in the southwest region the year before. My staff and I did an analysis of what had caused the losses.