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Social Wealth Economy Indicators Change the Conversation for Policies Such As:

Executive Summary Social Wealth Economic Indicators - Full Report

Modeling Social Wealth in Local Context

In Monterey County, demonstration projects are underway to integrate indicators of social wealth and economics inventions of caring economic into county policy dialogue. In 2014, the report Social Wealth: Implementing Caring Economics in Monterey County was commissioned by Jane Parker (Supervisor, District 4) and completed by Natalie Cox as part of graduate work at the Monterey Institute of International Studies, in conjunction with the Center for Partnership Studies.

Implementing Caring Economics in Monterey County

Correlations and Implications for Policy

While individual indicators or clusters of related indicators provide important information on the various dimensions of social wealth, they do not give us an overall sense of how these different indicators interrelate. Nor do they tell us how the accumulation of social wealth matters for human, economic, and societal development.

We explore correlations between different indicators, and explore the strength of the relationship between measures of social wealth and measures of economic growth, productivity, and competitiveness.

For example, we ask whether greater investment in high quality early childhood care and education is associated with fewer behavioral problems such as delinquency, as well as lower child poverty and lower crime rates. We explore other key matters not generally addressed in economic analyses, such as how the status of women correlates with measures of human, economic, and social development.

To illustrate, one measure of the status of women is the gender gap in a particular country, or the gap between men and women along various dimensions of economic, social, and political participation. We present evidence drawn from the Global Gender Gap report (2013) and earlier studies that demonstrates that countries with a smaller gender gap are also countries that are more prosperous, more competitive, and more developed in terms of human capacity. We also present data, drawn from the World Values Survey (2000) that demonstrate a positive correlation between the status of women in a country, and that country’s record in fostering democracy and promoting human rights. In addition, we present the results of studies showing that violence against women imposes substantial economic as well as human costs for a nation.

Social Wealth Economy Indicators:

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The weaker your network, the more one person’s bad behavior affects you.

If you haven’t, go to company events and sit next to someone you don’t know. Send a note to someone you admire and ask to meet. Set up a LinkedIn account and start connecting with people in your industry. Volunteer to help with a company initiative.

Knowing there are lots of people out there that care about you will change your perspective and help you respond to personal attacks with a lot more confidence.

Zig Ziglar often said,

You can have everything in life you want if you’ll just help enough other people get what they want.

One of the best ways to gain perspective is to help someone else achieve their goals. Open your ears. You’ll find needs everywhere.

What have you done to keep from taking things too personally? Post your response in the comments below.

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Donella Hines says

The first thing I had to consider is this is a person I work with everyday so maintaining a positive work environment was important so I did not have the luxury of being offended by her actions. Secondly, I had to take a step back and consider the individual as a whole and how she interacts with others and she’s rude to everyone, not intentionally she just doesn’t have a filter and says pretty much what ever comes to mind. In addition, her good positive attributes out weighted the negative so I decided to focus on the positive side and quickly forgive/forgot about the incident …the forgiving part is for me.

Reply

Dave Stachowiak says

Donella, great advice. I think taking stock of how a person treats others is very helpful in determining if the situation is personal or not. If others get similar treatment from them, it’s a lot easier to conclude that it’s not personal.

Also, love the reminder of forgiving the person, even if nothing is ever said about the incident. Everyone that I know (me included for sure) has said things in our careers that landed with others personally, even if we didn’t intend it. Having grace for others goes a long way for many minor incidents.

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Tim Wefler says

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Our competitors recently placed over 15 negative fake reviews on our google+ pages and we are still waiting for them to be removed but we believe google systems will detect it sooner or later, however till then we decided to exposing them writing this blog, please have a look. Belleville 336 Tactical Research Guardian Lighweight Tan Composite Toe Boot Desert Tan RyPjEuF

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This article has been informal. We have actually had a couple issues in the past with ex-employees and personal attacks on myself my wife (but without mentioning our exact names in the review). What would be considered my best approach on this? I have flagged one review on yelp just a day ago and mentioned it’s a violation of yelps TOS and hoping this works, but has anyone had success with this and what other options do I have with the other 2 reviews?

I feels if I flag all 3 reviews that the system will pick up on it and decline removal of any reviews based on too many reviews being flagged. Please share any thoughts or things things I can do

Reply
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Hi,I have a home based child care,and is licensed since 2001,never a problem of any kind.Back in 2014 I had a very particular parent.To make a long story short I can not,and I will not contact her to remove her review from Yelp.I did contact Yelp regarding 5 gorgeous reviews that I have hidden.The answer: we are sorry,a computer manages the reviews.Can you help me?

Reply
PostAuthor

Look for Terms of Service violations in their review. You can also have several other people flag the same review and say that it is fake. Lastly, make sure your happy customers are reviewing you, especially ones that have used Yelp before or use it regularly.

Reply

I do not want my business on Yelp, Is it possible?

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PostAuthor

If your business is a residence, or at the incorrect address or something like that, you can ask to have it removed. Also if the name is incorrect. A court ruling a couple years ago basically said Yelp can publish whatever they want on their website. So, there’s not a lot of options. I say get as many positive reviews as you can and use it as a tool to your advantage is usually the best route to take.

Reply

Great article. There are also a lot of great comments. A lot of companies knee jerk reaction is to spend thousands on reputation management services when the best way to fight bad reviews is to drowned them out with as many positive reviews as possible. Email everyone of your customers on an ongoing basis and kindly ask them to give you a positive. Link to the platform you want them to leave the review on. Make it as easy as possible.

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China Power Team. "Is China a developed country?" China Power. March 9, 2016. Updated August 11, 2017. Accessed July 9, 2018. https://chinapower.csis.org/is-china-a-developed-country/

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