1. 1. MULTI DIMENSION IMPACT ACCOUNTING File: MDIA-p3-06-PHYSICAL-CAPITAL-150420.odp Peter Burgess (c) All rights reserved MDIA PHYSICAL CAPITAL PART OF MAN BUILT CAPITAL
2. 2. MULTI DIMENSION IMPACT ACCOUNTING WORK-IN-PROGRESS. SLIDESET STILL IN DEVELOPMENT. UPDATES WILL BE POSTED OVER THE NEXT SEVERAL WEEKS
3. 3. PHYSICAL CAPITAL is part of MAN BUILT CAPITAL (MBC) MULTI DIMENSION IMPACT ACCOUNTING
4. 4. INFRASTRUCTURE is part of PHYSICAL CAPITAL which is part of MAN BUILT CAPITAL MULTI DIMENSION IMPACT ACCOUNTING
5. 5. Physical Capital comprises: Infrastructure; Factories; Machinery and equipment; Transports vehicles (ships, aircraft, trucks, railcars, etc.); Houses and apartments; Offices, hotels and commercial buildings; Computers, etc. MULTI DIMENSION IMPACT ACCOUNTING
6. 6. MULTI DIMENSION IMPACT ACCOUNTING INFRASTRUCTURE
7. 7. MULTI DIMENSION IMPACT ACCOUNTING URBAN INFRASTRUCTURE
8. 8. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCITY BUILDINGS
9. 9. MULTI DIMENSION IMPACT ACCOUNTING INDUSTRIAL PLANT AND EQUIPMENT
10. 10. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPSTEEL HOT STRIP ROLLING MILL
11. 11. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPPULP AND PAPER MILL
12. 12. MULTI DIMENSION IMPACT ACCOUNTING MINING EQUIPMENT
13. 13. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPMINING EQUIPMENT
14. 14. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPMINING EQUIPMENT
15. 15. MULTI DIMENSION IMPACT ACCOUNTING RAIL TRANSPORT
16. 16. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCOAL TRAIN
17. 17. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCRUDE OIL TRAIN
18. 18. MULTI DIMENSION IMPACT ACCOUNTING PIPELINES
19. 19. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL PIPELINE
20. 20. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPOIL PIPELINE
21. 21. MULTI DIMENSION IMPACT ACCOUNTING PASSENGER RAIL
22. 22. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPJAPANESE BULLET TRAIN
23. 23. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPHIGH SPEED TRAIN IN EUROPE
24. 24. MULTI DIMENSION IMPACT ACCOUNTING WATER AND SEWAGE
25. 25. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPWATER FOR NEW YORK CITY
26. 26. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPREPAIRING WATER MAIN
27. 27. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPWATER TREATMENT
28. 28. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPSEWAGE TREATMENT
29. 29. MULTI DIMENSION IMPACT ACCOUNTING ELECTRIC POWER TRANSMISSION
30. 30. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPELECTRIC POWER TRANSMISSION
31. 31. MULTI DIMENSION IMPACT ACCOUNTING ELECTRIC POWER GENERATION
32. 32. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCENTRAL ELECTRIC POWER GENERATION
33. 33. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPDIESEL ELECTRIC POWER GENERATION
34. 34. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPPOWER CELL ELECTRIC GENERATION
35. 35. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPTIDAL POWER ELECTRIC GENERATION
36. 36. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPWIND POWER ELECTRIC GENERATION
37. 37. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPPV SOLAR POWER ELECTRIC GENERATION
38. 38. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPTHERMAL SOLAR POWER ELECTRIC GENERATION
39. 39. MULTI DIMENSION IMPACT ACCOUNTING ROADS AND BRIDGES
40. 40. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPHIGHWAYS IN BEIJING
41. 41. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPGOLDEN GATE BRIDGE
42. 42. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPJIAOZHOU BAY BRIDGE IN CHINA
43. 43. MULTI DIMENSION IMPACT ACCOUNTING AIRPORTS AND SEAPORTS
44. 44. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPDALLAS FORT WORTH AIRPORT
45. 45. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPPORT OF LOS ANGELES
46. 46. MULTI DIMENSION IMPACT ACCOUNTING COMMUNICATIONS
47. 47. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPCOMMUNICATIONS INFRASTRUCTURE
48. 48. MULTI DIMENSION IMPACT ACCOUNTING Sun BOP Sun Financial Capital Human Capital Man Built Capital Natural Capital Sun SunSun Financial Capital Human Capital Man Built Capital Natural Capital Sun EOPUNDERSEA CABLES
49. 49. MULTI DIMENSION IMPACT ACCOUNTING SOME CONCLUSIONS
50. 50. UNDERINVESTMENT From a technical perspective, there is the capacity to upgrade the world's infrastructure so that it serves society in an efficient way. The problem is that the way the socio-enviro- economic SYSTEM is being managed is a such that only a tiny part of what is needed gets funded and built. MULTI DIMENSION IMPACT ACCOUNTING
51. 51. FINANCING The financial community has been creative in many ways but they have completely failed to find ways for important infrastructure to get funded. In part this is because of a singular interest in profit performance and zero interest in for good results. As long as 'good' is not measured this cannot change. MULTI DIMENSION IMPACT ACCOUNTING
52. 52. EDUCATED AND UNEMPLOYED A huge population of youth has reasonably good education and are unemployed. The world is not short of people nor technology to upgrade the world's infrastructure. The world is short of bankers and political leaders who can see the immense value in employing people to build and maintain infrastructure. MULTI DIMENSION IMPACT ACCOUNTING
53. 53. Physical Capital may be owned by Corporate Organizations, by Private Individuals or by the Public Sector. Ownership has been a key feature of modern capitalism and is worthy of more study and understanding. MULTI DIMENSION IMPACT ACCOUNTING
54. 54. Follow up: Request for Feedback Getting these ideas fleshed out into a clear, simple but comprehensive structure is a big job and remains a work-in- progress. Many organizations are making progress with this, but there is no broad universal framework yet that will enable all the pieces to come together and work efficiently. I would like to get feedback from anyone and everyone to help move this initiative forward. While I have some clear concepts about much of this architecture, there are many details that I do not know enough about and need help. So, please feel free to contact me (peterbnyc@gmail.com). Please put something relevant and catchy in the subject line. MULTI DIMENSION IMPACT ACCOUNTING
55. 55. Some links and contact information: Peter Burgess peterbnyc@gmail.com Peter Burgess LinkedIn profile https://www.linkedin.com/in/peterburgess1 Link to TrueValueMetrics.org website http://www.truevaluemetrics.org/ Link to navigation for MDIA slidesets http://www.truevaluemetrics.org/DBadmin/DBtxt001.php?vv1=list0200-Burgess-p3-Slidesets MULTI DIMENSION IMPACT ACCOUNTING
56. 56. MULTI DIMENSION IMPACT ACCOUNTING Money Government Laws/Rules Public Infrastructure Industry Mining Energy Waste Retail Logistics Knowledge Technology Financial Capital Physical Capital Knowledge Capital Institutional Capital Social Capital Financial Capital Physical Capital Knowledge Capital Institutional Capital Social CapitalMBC Water Sewer Regulations Security Private Sector Public Sector Electric Grid Buildings Banks Capital Markets Community Culture Religion Recreation Insurance Health Education Roads Transport Public Lands Research