the.com/civic investment
putting money where the mouth of democracy is, and hoping the potholes notice.
means public or private spending aimed at improving shared community infrastructure, services, or spaces rather than private gain.
from rooted in the latin civicus, of the citizen, the term gained modern currency in urban planning and philanthropy circles through the 20th century as cities realized roads and libraries do not build themselves.
roi is slowreturns show up in decades, not quarters
trust multipliervisible investment raises civic trust more than tax cuts
often invisiblenobody thanks you for a sewer that works
for instance
central park — 1858 nyc land grab that became the ultimate shared asset
carnegie libraries — andrew carnegie funded 2,500 libraries worldwide by 1919
the big dig — boston spent 15 billion burying a highway for public space
singapore hdb housing — public housing built 80 percent of singapore since 1960