Excerpts from Compendium for the Civic Economy, by Indy Johar and Joost Beunderman. Published in May 2011 by 00:/, with support from the National Endowment for Science Technology and the Arts (NESTA), and the Commission for Architecture and the Built Environment (CABE), p177ff.
A: The civic economy is being built by protagonists who are led by passion, purpose, and personal commitment – and whose key asset is their social networks and trust they hold.
B: The civic economy is based upon inviting participation from the public at large – which goes far beyond mere consultation, to create frameworks for a type of co-production and co-investment that builds deep democratic belonging.
C: The civic economy is built using an increasing diversity of finance sources as well as the investment of a range of other ‘currencies’ – people’s time, trust, and social networks.
D: The civic economy is emerging from recognizing and re-combining the latent capacity of dormant or under-used physical assets, human capabilities, and aspirations.
E: The civic economy is focused on generating a holistic experience of place – creating places that tell stories about their purpose, often surprising and delighting users and helping to generate open conditions for people’s participation and collaboration.
F: The civic economy, although purpose driven, is being built not through strategic planning, but through open-ended, agile, incremental, and interactive practices – based on starting small, and growing in response to evolving needs and opportunities.
G: The civic economy is not just deeply local, but also intricately linked to change-makers elsewhere – growing through networks and adaptation, rather than through replication.
H: The civic economy is based on delivering a plurality of values and outcomes – which need to be acknowledged and taken into account in formulating the objectives and metrics of new policy, projects, and procurement.
A slidedeck of illustrations used here: