Our research at CCLFI discovered that most successful community development projects are those that leverage on the intangible assets of the community. I introduced the more generic term “metacapital.”
When applied to communities, their metacapital can be positive or negative. I reproduce below a table from one of my KM conference papers. The entries in red italics are negative metacapitals – they can destroy value (market or social value) of the community or frustrate value creation that development projects seek to achieve.

In my judgement, some negative metacapitals are very serious. I indicated four of them above in bright red text. Do you agree with my choices?
If we translate these four at the global level, these great value destroyers are, starting with what I think are the most serious:
- 1. Threat of global nuclear war
2. Corrupt, egotistical or trigger-happy leaders
3. Global environmental crisis
4. Destructive syndicates: criminal, banking-financial, terroristic.
These are the common threats to wo/mankind. Compare this with the “15 Global Challenges” according to the Millennium Project.
What is your view?
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Tags: knowledge management, intangible assets, metacapital, community development, corruption, nuclear war, environmental crisis