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Building Sustainable Communities on Ecological Principles

11 Pages Posted: 18 May 2009 Last revised: 19 Feb 2012

Shann Turnbull

International Institute for Self-Governance; Sustainable Money Working Group; New Garden City Alliance

Date Written: March 30, 2010

Abstract

The limited life of biota provides an ecological principle for building a global society composed of self-financing, self-reliant, self-governing communities. Implementation requires communities to limit the life for owning realty, corporations and money. Limited life money and credit created by traders and investors become redeemable into units of local renewable energy. Ponzi banks and unearned income from money are eliminated. Incentives provided to attract foreign enterprises and technology are matched with built-in ownership transfer back to stakeholders resident in the community to terminate draining away surplus profits. Urban land ownership is mutualised to form self-financing Land Banks to halve the cost of new housing and attract commercial investment. This minimises non-residents extracting windfall gains and surplus profits that can make communities financially dependent on higher orders of government. Centralised big government, taxes and banking are replaced with federations of bioregional economies financing nation states that in turn finance global governance.

Keywords: Ecological capitalism, Energy money, Network governance, Self-financing communities, Stakeholder society

JEL Classification: D31, D63, E42, G32, P16, R12

Suggested Citation

Turnbull, Shann, Building Sustainable Communities on Ecological Principles (March 30, 2010). Available at SSRN: https://ssrn.com/abstract=1402063 or http://dx.doi.org/10.2139/ssrn.1402063

Shann Turnbull (Contact Author)

International Institute for Self-Governance ( email )

PO Box 266 Woollahra
Cell: +61418222378
Sydney, New South Wales 1350
Australia
+61293278487 (Phone)
+61280655905 (Fax)

HOME PAGE: http://independent.academia.edu/ShannTurnbull/CurriculumVitae
SKYPE: shann.turnbull

Sustainable Money Working Group ( email )

Holyoake House
Hanover Street
Manchester, M60 0AS
United Kingdom

New Garden City Alliance ( email )

113 Guinness Court
Snowsfields
London, UK, hello@gardencities.org.uk SE1 3TA
United Kingdom
+44 207 378 1902 (Phone)

HOME PAGE: http://www.gardencities.org.uk

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