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Principles of a Permaculture Economy

Book by Hendrith Vanlon Smith Jr · 50 quotes · Permaculture Economy, Permaculture Economics, Economics

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Principles of a Permaculture Economy Quotes

“A core element of Permacapital Economics Is the price mechanism. Whereby, individual economic participants determine the prices of the products and services they sell and buy, according to supply and demand. Supply and demand is based on individual choices. Supply and demand determines the production of and prices of products and services. Prices naturally strive for equilibrium, as if being led by an invisible hand. Because buyers will always have a highest price point beyond which they are unwilling to pay for a given product or service, thereby making it unprofitable for sellers to attempt to sell those products or services beyond that price point. Similarly, sellers have a lowest price point beyond which they are unwilling or unable to sell a given product or service. This generally eliminates the existence of products or services which provide no net gain to society. The price system is the most efficient mechanism for ensuring that the needs and desires of buyers and sellers are adequately met among people in society, and that members of society at large has access to the highest quality and quantity of products and services.”

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“The Profit function: Individual profits cause collective growth and prosperity. It is necessary for individual people and businesses to profit in a Permaculture Economy where justice is maintained and fairly applied. Profits are earned when efficiency is mastered. With profits, individuals invest in (a) new and innovative means of production which will allow more profits, or (b) buying products and services from other individuals who are also seeking profit by providing value. Profits also incentivize individuals to be productive participants in society to begin with. If there will be no profit in an activity, business or industry, then individuals will decline participation in that activity, business or industry. Since profits are only possible when buyers are satisfied with the productivity of sellers, then it is also true that an individuals willingness to participate in an activity, business or industry is preceded by the buyers satisfaction which allows the seller to profit. But when buyers are dissatisfied and decline participation, it forces sellers to decline participation. Inversely, if profits are eradicated through the force of price-controls by the government, then sellers will decline participation which then causes buyers to decline participation. And when both sellers and buyers decline participation, then whole industries and economies collapse.”

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“Overall, capital is the lifeblood of an economy. It enables individuals and organizations to pursue economic opportunities, invest in the future, and drive economic progress. Therefore, understanding the role of capital and its efficient utilization is essential for policymakers, businesses, and individuals involved in economic decision-making.”

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“The role of soil in natural ecosystems shares striking similarities with the role of capital in economies. Just as soil serves as the vital resource underpinning natural ecosystems, capital is the foundational resource driving economic systems. In both contexts, the effective allocation of resources, whether capital or nutrients, determines productivity, competitiveness, and overall stability.”

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“I want to give credit to Bill Mollison and David Holmgren for creating the 12 Permaculture Design Principles, and to Adam Smith for being the father of Capitalism. The foundations they laid has benefitted billions of people across generations. Respectfully, I have gone beyond the work of these men – far beyond. And I have done that by standing on their shoulders, so to speak. What I have done that’s new and novel is pair permaculture design principles with capitalism as opposed to viewing the two as mutually exclusive. I have also infused my own observations and insights about natural phenomena into the Permaculture Economics framework. Furthermore, I’ve created a definite framework – a set of well thought out principles for policymakers, based on all of this. What I have created is not simply the economics of permaculture, or economics viewed through a permaculture lens, or permaculture plus capitalism. No, I have created an entirely new principles-based system that was inspired by but not exclusively dependent on Permaculture and Capitalism. It is new and novel, and it has a life of its own, and it will one day be the standard of a one global society. Permaculture Economics is unique- greater than the sum of its parts. The implementation of this system, globally, is essential to bringing about a new order of the world.”

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“How do you design a garden. Well the intentional placement of boundaries and the intentional facilitation of interactions has a lot to do with it. The same is true in an economic ecosystem. The intentional placement of boundaries and the intentional facilitation of interactions has a lot to do with the success of an economic ecosystem. This is one reason why Permaculture Economics is so effective.”

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“A purely capitalist ecosystem is like a wild forest — It’s beautiful and great and productive. But the application of design principles which utilize the natural capabilities already there will result in a luscious fruit garden that is more beautiful, more great, and more productive. A permaculture economy is that luscious fruit garden.”

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“Capitalism is great at facilitating the maximization of production — regarding efficiency only as it effects the profit of the producer and the profit of the buyer in any given transaction. But permaculture economics is great at facilitating the maximization of productivity — regarding efficiency more holistically and measuring according to multiplicative value effects.”

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“I think Cryptocurrency tokens are only valuable in small naturally occurring social ecosystems where they serve as a reward for adding value exclusively in that ecosystem and where they serve as a method of acquiring value exclusively in that ecosystem. To transfer purchasing power out of that small naturally occurring ecosystem would require a conversion of the token into a government fiat currency.”

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“Capitalism is great at facilitating the maximization of production — regarding efficiency only as it effects the profit of the producer and the profit of the buyer in any given transaction. But permaculture economics is great at facilitating the maximization of productivity — regarding efficiency holistically and messing according to multiplicative value effects.”

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“When we ask ourselves what is an economy; I think the best place to find the answer to that question is in a forest. Go and sit in a forest and observe with all of your sensory faculties, and meditate there. And while you're observing and meditating, ask yourself questions about everything. And if you want maybe hit a few puffs of a certain herb while you're meditating there. And you'll find out exactly what an economy is. And you'll also find out exactly what business is. And all of the economic and business concepts like capital allocation and liquidity and service and profit and growth... It'll all start to make more sense as you sit there meditating in that forest.”

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“One of the great themes of nature is abundance. One of the great themes of every city should also be abundance. In every city, there should be an abundance of opportunities, an abundance of food, an abundance of available homes, an abundance of biodiversity, an abundance of spaces to play.”

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“Cities that prioritize being in harmony with nature, experience a variety of benefits including less waste, less crime, less mental health problems, a greater sense of community among residents, greater biodiversity, and so much more. At Mayflower-Plymouth, we are providing solutions to help cities improve along these lines.”

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“Veganism is critical to the next stage of human evolution. Slaughtering animals and eating their dead carcasses is both uncivilized and disgusting. How do we expect to be a multi planet species sailing the galaxy and building cities on new planets if we haven’t even grown out of the barbaric practice of killing sentient beings and eating their flesh? As higher level beings, humans should be optimizing our stewardship of earth, our utilization of plants and our nurturing of life. Being vegan is about health, morality, and the evolution of humanity.”

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“Yes, being a vegan is about living a healthier happier lifestyle. But it’s also about being a spiritually evolved person who is invested more in the nurturing of life than in the perversion of life. We can get all of the nutrition we need and more from the utilization of plants. Therefore people are eating animals for pleasure and not for nutritional necessity. It is uncivilized to be killing sentient beings and eating their flesh for pleasure. And it’s even more uncivilized to be rejoicing in that and normalizing it like it’s okay. There must be some super advanced aliens out there looking at earth like wtf are these humans doing.”

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“There are some parts of society where free markets and capitalism are a very bad idea and socialism is more preferable. They include: (a) Law enforcement /policing and (b )Healthcare basics. When police are incentivized to criminalize and profit on criminalization, society decays. And when those responsible for our healthcare profit most from our sickness, society decays.”

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“Productivity is about turning valuable inputs into valuable outputs. Individual people are more productive when all the elements of the permaculture economy are at work in their lives. When individuals are productive, then businesses become productive. When businesses become productive, the nation becomes productive.”

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“Individual profits cause collective growth and prosperity. It is necessary for individual people, businesses, and companies to profit, in a Permaculture Economy where justice is maintained and fairly applied. Profits are earned when efficiency is mastered. With profits, individuals invest in (a) new and innovative means of production which will allow more profits, or (b) they use profits to buy products or services from other individuals who are also seeking profit by providing value. Profits also incentivize individuals to be productive to begin with. If there will be no profit in an activity, business or industry, then individuals will decline participation. Since profits are only possible when buyers are satisfied with the productivity of sellers, then it is also true that an individual's willingness to participate in an activity, business or industry is preceded by the buyers satisfaction which allows them to profit. So, when buyers decline participation it forces sellers to decline participation. Inversely, if profits are removed through force of price controls by the government, then sellers will decline participation which then causes buyers to decline participation.”

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