1 GEOG 352: Managing Natural and Social Capital Course Outline (F14N01) Instructor: Office: Phone (local): Email: Office Hours: Classroom: Lectures: Don Alexander Bldg. 359, Room 215 2261 (If you are out of the local calling area, you can dial 1-888-920-2221, and then 2261). don.alexander@viu.ca Wednesdays, 3:00 to 4:00 pm, and by appointment Bldg. 370, Room 243 Tuesdays and Thursdays, 10:00 to 11:30 pm Textbook (required): Lewis, Mike and Conaty, Pat. 2012. The Resilience Imperative: Cooperative Transitions to a Steady-State Economy (Gabriola Island, BC: New Society Publishers). [E-version also available through the VIU Library.] [Lectures and assignments will be on my web site: http:web.viu.ca/alexander2] Course Focus and Course Objectives The course focuses on a way of thinking about wealth and well-being that looks beyond money flows, the production of consumer and capital goods, and labour productivity to the role that economic activity plays in enhancing or degrading natural, social, and human capital. The course will review policies and alternative economic strategies that can contribute to the achievement of a more sustainable and resilient society in the 21st century. By the end of the course, you will be able to show how economic, social, and ecological systems are interrelated; demonstrate the impact of economic activity on natural, social, and human capital; be able to critically analyze policies and alternative economic strategies for enhancing natural, social and human capital; talk about specific case studies and tools reflecting these approaches, and demonstrate an improvement in your research, writing, speaking, as well as your ability to present material in a graphically appealing format. To do well in the course, you should: demonstrate knowledge of the concepts of natural, social, and human capital, and be able to apply them in a variety of contexts (as measured by the mid-term, major project and final exam); demonstrate knowledge of some of the principal strategies for enhancing natural and social capital and relevant case studies (as measured by the mid-term, major project and final exam); demonstrate knowledge of emerging critical issues in terms of the urgency and challenges involved in building an alternative economic system (as measured by the mid-term, major project, and final exam). 2 Structure of the Course The course will involve lectures, guest speakers, class discussion/ debate, occasional videos, and case study analysis based on Canadian and international examples. Where possible, we will focus on the readings on Tuesdays and on discussions of key points on Thursdays. There will be one major assignment (see below) plus a mid-term and a final exam. Course Schedule (subject to change) Date Sept. 2 & 4 Lecture Topics Introduction to Managing Natural and Social Capital, and to the Basics of Ecological Economics Sept. 9 & 11 Resilience and the Five Exit Ramps; Wealth vs. The Commonwealth Sept. 16 & 18 Alternative Approaches to Debt and Banking Alternative Approaches to Sept. 23 & Discussion Course Focus and Objectives Discussion: What are externalities? How does the economy impact ecological and cultural phenomena as they manifest spatially? What is the relationship between ecology and economy in thermodynamic terms? What is carrying capacity, and how does it relate to managing for uncertainty? What are the “empty world” and “full world” concepts, and how do these relate to the limits to growth? What is the difference between growth, throughput, and development? What is the difference between marginal utility and increasing marginal cost? What is the difference between public and private goods? What are the different forms of capital that should be considered in economic planning? Discussion: Why is achieving resilience the 21st century imperative and what are some strategies for achieving it? What are open access regimes? What is the “tragedy of the commons” and is it always an accurate reflection of how humans manage resources? What is the ‘enclosure of the commons’? How did ‘the Market’ come to dominate? What are some alternative approaches to money? Readings/Assignments Toward Sustainable Communities (2012 edition) by Mark Roseland, pp. 12-17 [available on-line at VIU Library; requires log-in] The Story of Stuff (with Annie Leonard): http://www.youtub e.com/watch?v=gL BE5QAYXp8 Discussion: How can community members and debtors gain more control of the banking system? Chapters 1 & 2 see original essay by Garrett Hardin on the ‘tragedy of the commons’ at http://www.science mag.org/content/1 62/3859/1243.full.p df; “Reconvening the House of Commons on the Commons” by Heather Menzies will also be provided; see also on-line article at http://www.theatla ntic.com/politics/en viron/selfish.htm Chapters 3 & 8 Discussion: What is market failure? Chapter 4 Possible video 3 25 Housing Sept. 30 & Oct. 2 Energy Selfsufficiency Oct. 7 & 9 Food SelfSufficiency Discussion: How can communities create greater food selfsufficiency and why is this desirable? Oct. 14 & 16 Community Economic Development; Mid-term Review GNP/ GDP and Human Welfare; Human Nature Discussion: Oct. 21 & 23 Oct. 28 & 30 Change Agents and Political Action Nov. 4 & 6th Case Studies: Economic Democracy Nov. 11 – [closed for Remembra nce Day] & 13 Case Studies: Revolutionizing Ownership Structures What avenues exist for creating more affordable co-operative forms of housing? Discussion: How can communities create greater energy self-sufficiency and why is this desirable? What is the “whole economy” concept? Review for the mid-term Discussion: What are defensive expenditures? What are the strengths and weaknesses of different ways of measuring human welfare? What are different aspects of human nature, and under what circumstances do these aspects emerge? What are genuine needs vs. various “satisfiers”? What organizations are at the forefront of promoting an alternative economic agenda? Discussion: What are some examples of economic democracy in action? What are some alternative approaches to ownership of economic operations and assets? How can economic alternatives conserve and heal natural, social, human, and other forms of capital? Chapter 5 Outline for major project due on 10/3 Field trip; Chapter 6 (also start on Chapter 7 – it’s a long one!) Chapter 7 Ross & Usher, Chapter 4 (see bib. – in library) Mid-term exam see on-line article: http://www.globalp olicy.org/socecon/d evelop/quality/200 8/0630gdp.htm; http://en.wikipedia. org/wiki/Fundamen tal_human_needs Chapter 9 Chapter 10 presentations Chapter 11; Tomalty (http://www.altern ativesjournal.ca/sci ence-andsolutions/oursbetter-yours) presentations Nov. 18 & 20 Cultural Transformation Discussion What will it take to make the transition to a resilient society given where we are now? Chapter 12 Major project due on 11/20 Nov. 25 & 27 Wrap-up and Review Discussion: What are the most promising economic models for building a sustainable society, models that conserve natural, social, and human capital? What evidence, if any, is there that significant changes are occurring in this realm? Epilogue Final Exam (Date TBA) Course Website: The course website will not be on Moodle. The website (see URL on page 1) will contain lecture notes, assignment instructions, and other relevant material. 4 Evaluation: Attendance and Participation Mid-Term Exam Case Study Assignment 15% (including 5% for leading at least one discussion) 25% 35% (including 5% for outline and 5% for in-class presentation on) Final Exam 25% Attendance and Participation: You are expected to show up in class on time and to participate in class discussions. This takes some degree of preparation to do effectively, including doing the week's readings before class, reflecting on the readings, and maybe even finding new ones that pertain to the topics being discussed that week. You will also be asked to prepare and lead at least one in-class discussion on one of the issues in a chapter. This will involve making sure you understand the material yourself, giving a very brief overview of it in class, and offering two or three questions for discussion to provoke critical thinking of the topic. Your discussion will be evaluated based on the quality of your initial summary, how well-formulated your questions are, whether they stimulate a lively discussion, and how well you facilitate it – encouraging a variety of people to speak. In class discussions, I ask that you respect the ideas, thoughts, and opinions of others, including mine. Respect does not necessarily imply acceptance. I have my own biases, but I do not expect you to share them. In fact, independence of thought and critical thinking will contribute to you getting a high mark in the course. Discussions are intended to provoke discussion and debate, and you should show a readiness and willingness to share and support your ideas and feelings on a wide range of issues. Laptop/Phone Policy: Laptops and phones will be allowed in class. However, if they start to be used for messaging, Facebook, or surfing (other than to get information to support class topics), their use will be stopped. Please turn off your cell phones or put them on vibrate when you enter class. If you absolutely have to take a call during class, please leave and re-enter the class as unobtrusively as possible. Cell phones and laptops are not permitted during exams. Participation Assessment Criteria: 1. Attendance Always 2. little or none orderly, fairly thorough competent disjointed, cursory unimaginative Expressive Element (clarity, fluency, concision) Brief, clear, interesting 5. fair share Cognitive Element (knowledge, logic, creativity, question-asking) Logical, thorough Imaginative 4. never Amount of Contribution to Class Outstanding 3. mostly Affective Element (enthusiasm, co-operation) wordy, confused, tedious 5 Enthusiastic, sharing lacklustre, domineering Major Assignment The major assignment will be worth 35%, with 5% for an outline due in Week 5 and another 5% for presenting an overview of your findings towards the end of the semester. It involves examining a case study that enhances natural, social, human, or other forms of capital, or several at once (see list below for possible cases). You will be provided with more detailed instructions soon. Possible case studies (you are not limited to these) include: Associación Para el Sesarolla Rural de la Isla de la Palma (Spain) Avalon Dairy (Vancouver/ Burnaby) Belo Horizonte (food security in Brazil) boycotts, buycotts, and carrot mobs (small) business incubators car sharing (forms of) common property management community centres community currencies community forests credit unions and caisse popular crowd source funding debt for nature swaps Dockside Green (Victoria) Duncan Garage and Show room (Duncan) ejidos (Mexico) EMBERS (Vancouver) EcoTrust (Portland and B.C.) fair/ direct trade farmers’ co-ops and marketing boards Global Village stores (progressive) government procurement policies housing co-ops and co-housing Interface Carpets Island Press La Via Campensia (international peasant movement) land trusts (e.g. Nanaimo Land Trust, etc.) Megaphone/ Hope in the Shadows (Vancouver) Microcredit (e.g. Grameen Bank) Mid-Island Co-op (Nanaimo, etc.) Modo Car Co-op (Vancouver) and other forms of car-sharing Mondragon co-ops (Spain) Mountain Equipment Co-op Newman’s Own products Osoyoos First Nation enterprises O.U.R. Ecovillage (Shawnigan Lake) People United for Sustainable Housing (PUSH) Permaculture Public libaries Quest Food Exchange (Vancouver) revolving loan funds 6 Save-On Meats (Vancouver) Socially responsible investment Seikatsu Club (Japan) Slow Food movement SOLEfood farm (Vancouver) STOP food complex (Toronto) Sustainable South Bronx transition town movement Triple Bottom Line (TBL) – find an organization that embodies the principle United We Can (Vancouver) worker-owned enterprises (e.g. Harmac, Bob’s Red Mill products) NOTE: Whenever submitting written work, always parenthetically reference your sources, using APA style [see http://libguides.viu.ca/citing]. Also: print all assignments double-sided or use scrap paper. Late Assignments ONLY authorized medical reasons (i.e., a doctor's note) or immediate family tragedy will be accepted as reasonable cause for missing an exam or handing in an assignment late. NO substitute assignments or exams will be accepted in this course, nor will plagiarism be tolerated. For VIU’s policy on academic integrity, see www.viu.ca/policies/policy.asp?rdPolicyNumber=99.01. Dissatisfaction with any grade received on an exam or an assignment must be lodged with me within 48 hours. The policies of VIU will govern any further appeals regarding grades. NOTE: Students with documented disabilities requiring academic and/or exam accommodation should inform me and contact Disability Services, Building 200, or call 740-6446. In the event of a "snowstorm" or other extreme weather event, I will try to send out an e-mail if class is cancelled, but always check the VIU homepage for a closure notice. The information there takes priority. Grading Scheme A+ 90-100% Outstanding performance A 85-89% First-class performance A- 80-84% Excellent performance B+ 76-79% Very good performance B 72-75% Good performance B- 68-71% Average performance C+ 64-67% Fair performance C 60-63% Below average performance C- 55-59% Passing performance D 50-54% Marginal performance F Below 50% Failing performance Recommended Reading and Reference List Abbey, Deb. Global Profit and Global Justice: Using Your Money to Change the World (Gabriola Island, BC: New Society Publishers, 2004). Alexander, Don and Pamela Shaw. “Goodbye to Small Retail: Should We Care?” Plan Canada 7 (Summer 2012): 26-33. Alexander, Don, and Judith Harris. “Beyond Capitalism and Socialism: The Communitarian Alternative.” Environments 21.2 (1991). 29-37. Anielski, Mark. 2007. The Economics of Happiness: Building Genuine Wealth (Gabriola Island, BC: New Society Publishers). [HIGHLY RECOMMENDED] Bakan, Joel. 2004. The Corporation: The Pathological Pursuit of Profit and Power. Toronto: Penguin. Beattie, Alan. False Economy: A Surprising History of the World (Toronto: Penguin 2010). Beckerman, Wilfred. Small is Stupid: Blowing the Whistle on the Greens (London: Duckworth, 1995). Beneria, Lourdes. Gender, Development and Globalization: Economics as if All People Mattered (London: Routledge, 2003). Blyth, Mark. Austerity: The History of a Dangerous Idea (Oxford: Oxford University Press, 2013). Brown, Azby. Just Enough: Lessons in Living Green from Traditional Japan (London UK: Tuttle, 2013). Brown, Lester R. Plan B 4.0: Mobilizing to Save Civilization (New York: W.W. Norton & Co., 2009). Cato, Molly Scott. Green Economics: An Introduction to Theory, Policy and Practice (London: Earthscan, 2009). Chang, Ha-Joon. 23 Things They Don’t Tell You About Capitalism (London: Bloomsbury Press, 2012). Connelly, Sean and Mark Roseland. “Black Holes or White Knights? Cities and the Environment.” In Trudi Bunting, et al. (eds.). Canadian Cities in Transition (Don Mills, ON: Oxford UP, 2010). Costanza, Robert, et al. “The Value of the World's Ecosystem Services and Natural Capital,” Nature 387 (May 1997): 253-260. Costanza, Robert et al. [eds.]. Getting Down to Earth: the Practical Applications of Ecological Economics (Washington, DC: Island Press, 1996). Cortese, Amy. Locavesting: The Revolution in Local Investing and How to Profit From It (New York: Wiley, 2011). Cox, Oliver C. The Foundations of Capitalism (New York: Philosophical Library, 1959 – out of print). Czech, Brian. Supply Shock: Economic Growth at the Crossroads and the Steady State Solution (Gabriola Island, BC, 2013). Daly, Herman E. Beyond Growth: The Economics of Sustainable Development (Boston: Beacon Press, 1996). Daly, Herman E. and John Cobb. For the Common Good: Redirecting the Economy Toward Community, the Environment, and A Sustainable Future [2nd ed.] (Boston: Beacon Press, 1994). Daly, Herman and Joshua Farley. Ecological Economics: Principles and Applications [2nd ed.] (Washington, DC: Island Press, 2011). [HIGHLY RECOMMENDED] Dasgupta, Rana. Capital: A Portrait of Delhi in the Twenty-First Century (New York: Harper-Collins, 2014). Dembicki, George. “How Millenials Are Changing Wall Street.” The Tyee (May 5, 2014) http://thetyee.ca/News/2014/05/05/Millennials-Changing-Wall-Street/. Doppelt, Bob. Understanding Sustainability Economics: The Art of Long Term Performance (London: Earthscan, 2008). Ekins, Paul et al. The Gaia Atlas of Green Economics (New York: Anchor, 1992). Elkington, John. Cannibals with Forks: The Triple-Bottom Line of 21st Century Business (Gabriola Island, BC: New Society Publishers, 1998). Ferguson, Niall. The Ascent of Money (London: Penguin Books, 2008). Field, Barry and Nancy Olewiler. Environmental Economics [2nd ed.] (Toronto: McGraw-Hill Ryerson, 2005). 8 Florida, Richard. The Rise of the Creative Class and How It’s Transforming Work, Leisure and Everyday Life (New York: Basic Books, 2002). Forman, James. Socialism: Its Theoretical Roots and Present-Day Development (New York: New Viewpoints, 1973). Fox, Harper. The Myth of the Rational Market (New York: Harper Business, 2009). Friedman, Thomas. Hot, Flat, and Crowded: Why We Need a Green Revolution – and How It Can Renew America (New York: Farrar, Straus, and Giroux, 2008). George, Susan. Whose Crisis, Whose Future? Towards a Richer, Fairer, Greener World (New York: Polity, 2010). George, Susan. Another World is Possible If… (London: Verso, 2004). Gilman, Robert. “From Dismal Science to Joyful Art,” In Context (July 2000) http://www.context.org/ICLIB/IC32/Gilman.htm. Gindin, Sam and Leo Panitch. The Making of Global Capitalism: The Political Economy of American Empire (New York: Verso, 2012). Greider, William. The Soul of Capitalism: Opening Paths to a Moral Economy (New York: Simon and Schuster, 2003). Hallsmith, Gwendolyn. Creating Wealth: Growing Local Economies with Local Currencies (Gabriola Island, BC: New Society Publishers, 2011). Hawken, Paul et al. Natural Capitalism: Creating the Next Industrial Revolution (Boston: Little Brown & Co., 1999). Hawken, Paul. The Ecology of Commerce: A Declaration of Sustainability. (New York: HarperBusiness, 1994). Helliwell, John F. [articles and papers by – see http://faculty.arts.ubc.ca/jhelliwell/workingPapers.php]. Heinberg, Richard. End of Growth, Adapting to Our New Economic Reality (Gabriola Island, BC: New Society Publishers, 2011). Holmgren, David. Permaculture: Principles and Pathways Beyond Sustainability (London, UK: Nimbus), 2003). Jackson, Timothy. Prosperity Without Growth (London: EarthScan, 2009). Jackson, Tim and Peter A. Victor. “Green Economy at Community Scale” (Toronto: Metcalf Foundation, November 2013). Jacobs, Jane. The Nature of Economies (New York: Vintage, 2001). Jacobs, Michael. The Green Economy (Vancouver: UBC Press, 1993). James, Sarah L. Natural Step for Communities (Gabriola Island, BC: New Society Publishers, 2009). Kelly, Marjorie. Owning Our Future: The Emerging Ownership Revolution. (San Francisco: Berrett-Koehler, 2012). Klein, Naomi. The Shock Doctrine: The Rise of Disaster Capitalism (Toronto: Alfred A. Knopf, 2007). Korten, David. When Corporations Rule the World [2nd ed.]. (New York: Berrett-Koehler, 2001). Lasn, Kalle and Adbusters. Meme Wars: The Creative Destruction of Neoclassical Economics (New York: Seven Stories Press, 2012). Leinberger, Chris B. The Option of Urbanism: Investing in a New American Dream (Washington, DC: Island Press, 2009). Leonard, Annie. The Story of Stuff: How Our Obsession with Stuff is Trashing the Planet, Our Communities and Our Health-and a Vision for Change (Toronto: Simon Schuster, 2011). Leonard, Annie. The Story of Stuff [the video], available at 9 http://www.youtube.com/watch?v=gLBE5QAYXp8]. Levine, Jonathan. Zoned Out: Regulation, Markets, and Choices in Transportation and Metropolitan Land Use (Washington, DC: Resources for the Future, 2006). Mander, Jerry and Edward Goldsmith (eds.). The Case Against the Global Economy and For a Turn Towards the Local (San Francisco: Sierra Club Books, 1996). McDonough, William and Michael Braungart. Cradle to Cradle: Remaking the Way We Make Things (New York: North Point Press, 2002). McKibben, Bill. Deep Economy: The Wealth of Communities and the Durable Future (New York: Times Books [Henry Holt & Co.], 2007). [HIGHLY RECOMMENDED, with lots of examples!] McMillan, John. Reinventing the Bazaar: A Natural History of Markets (New York: Norton, 2003). Menzies, Heather. “Reconvening the House of Commons on the Commons.” Watershed Sentinel (Summer 2014): 24-25. Menzies, Heather. Reclaiming the Commons for the Common Good (Gabriola Island, BC: New Society Publishers, 2014). Milani, Brian. Designing the Green Economy: The Postindustrial Alternative to Corporate Globalization (Latham, MD: Rowan and Littlefield, 2000). Napoleani, Loretta. Rogue Economics: Capitalism's New Reality (New York: Seven Stories Press, 2009). Marcia Nozick. No Place Like Home: Building Sustainable Communities (Ottawa: Canadian Council on Social Development, 1992). Perkins, John. Confessions of an Economic Hit Man (San Francisco: Berrett-Koehler, 2004). Polanyi, Karl. The Great Transformation (Boston: Beacon Press, 2001). Porritt, Jonathon. Capitalism: As If the World Mattered (London: EarthScan, 2007). Quarter, Jack. Canada's Social Economy: Co-operatives, Non-profits, and Other Community Enterprises (Toronto: James Lorimer & Co., 1992). Quiggan, John. Zombie Economics: How Dead Ideas Still Walk Among Us (New Haven, NJ: Princeton University Press, 2012). Ransom, David. The No-Nonsense Guide to Fair Trade (Toronto: New Internationalist and Between the Lines Press, 2002). Restakis, John. Humanizing the Economy: Co-operatives in the Age of Capital (Gabriola Island, BC: 2010). Ross, David P. and Peter J. Usher. From the Roots Up: Economic Development as If Community Mattered (Toronto: James Lorimer & Co., 1986). Rubin, Jeff. The End of Growth (Toronto: Random House Canada, 2012). Rubin, Jeff. Your World Is About to Get a Whole Lot Smaller (Toronto: Random House Canada, 2009). Sachs, Jeffrey. Common Wealth: Economics for a Crowded Planet (London, Penguin, 2008). Sachs, Jeffrey. The End of Poverty (London: Penguin, 2006). Schumacher. E. F. Good Work (New York: Harper & Row, 1979). Schumacher, E.F. Small is Beautiful: Economics As If People Mattered (New York: Harper & Row, 1973). Shiva, Vandana. Soil Not Oil! Justice in an Age of Climate Crisis (Boston: South End Press, 2008). Shiva, Vandana (ed.). Manifestos on the Future of Food and Seed (Boston: South End Press, 2007). Shuman, Michael. Local Dollars, Local Sense: How to Shift Your Money from Wall Street to Main Street and Achieve Real Prosperity (London: Chelsea Green, 2012). Shuman, Michael. The Small-Mart Revolution: How Local Businesses Are Beating the Global Competition (San Francisco: Berrett-Koehler, 2006). Shuman, Michael. Going Local: Creating Self-Reliant Communities in a Global Age (New York: Routledge, 10 2000). Sirolli, Ernesto. Ripples from the Zambezi: Passion, Entrepreneurship, and the Rebirth of Local Economies (Murdoch, Australia: Institute for Science and Technology, Murdoch University, 1995). Stiglitz, Joseph. Globalization and Its Discontents (New York: W.W. Norton, 2003). Stiglitz, Joseph, et al. Mismeasuring Our Lives: Why GDP Doesn’t Add Up (New York: New Press, 2010). Stiglitz, Joseph. The Price of Inequality: How Today’s Divided Society Endangers Our Future (New York: W.W. Norton, 2012). Tapscott, Don and Anthony Williams. Wikinomics: How Mass Collaboration Changes Everything (New York: Penguin Books, 2006). Tomalty, Ray. “Ours is Better Than Yours.” Alternatives Journal 40:2 (2014), 18-22. [HIGHLY RECOMMENDED; SEE ALSO THE REST OF THE ISSUE] United Nations Environmental Program. Towards a Green Economy: Pathways to Sustainable Development and Poverty Eradication (2011) [Accessible at http://www.ccnow.com/cgilocal/cart.cgi?iseccards_18_continue-page]. Victor, Peter. The Costs of Economic Growth (Cheltenham, UK, Edward Elgar, 2013). Victor, Peter. Managing Without Growth (Cheltenham, UK, Edward Elgar, 2008). Waring, Marilyn. Counting for Nothing: What Men Value and What Women are Worth [2nd ed.] (Toronto: University of Toronto Press, 1999). Yunus, Muhammed. Building Social Business: The New Kind of Capitalism That Serves Humanity’s Most Pressing Needs (New York: Public Affairs, 2010). Yunus, Muhammed. Banker to the Poor: Micro-Lending and the Battle Against World Poverty (New York: Public Affairs, 2009). Yunus, Muhammed. Creating a World without Poverty: Social Business and the Future of Capitalism (New York: Public Affairs, 2009).