Quotessence
Home / Books / Principles of a Permaculture Economy

Principles of a Permaculture Economy

Book by Hendrith Vanlon Smith Jr · 14 quotes · Permaculture Economy, Permaculture Economics, Economics

Filter quotes by topic

AllPermaculture EconomyPermaculture EconomicsEconomicsEconomyPermacultureEconomics PhilosophyCircular EconomyProductivityEconomy QuotesPermacapital EconomicsTariffsEconomic PolicyHendrith SmithTradeTrade DealBusinessHendrithPermaculture SocietyQuotesCities

Principles of a Permaculture Economy Quotes

“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.”

EconomyEconomicsPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
Create image

“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.”

EconomyEconomicsPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
Create image

“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.”

EconomicsSustainable DevelopmentPermaculture EconomyEconomics Philosophy
Book:Principles of a Permaculture Economy
Create image

“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.”

Hendrith SmithPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
Create image

“The distribution of wealth and income is primarily the role and responsibility and freedom of individual people and businesses through their voluntary economic interaction with other people and businesses. And their voluntary exchange of economic value through products, services, and ideas. In this way, social mobility is maximized and a fluid class structure allows for both upward and downward economic movements; this is social justice.”

EconomyEconomistHendrith SmithPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
Create image

“Substitution competition is a natural limit or control on prices. In a permaculture economy, every useful product or service in a market coexists with a variety of substitutes. There is a point to which monopolies become uneconomical/ unprofitable. Almost every product or service, or their inputs, may be used for a variety of purposes by a variety of consumers, If the price (a) causes there to be more or less consumption of (b) then a and b are substitutes. Substitution competition eventually causes monopolies to shrink or fail , or creates new market space which renders the previous monopoly relatively smaller in size and therefore not a monopoly in the context of the expanded economy”

Hendrith SmithPermaculture EconomyPermaculture EconomicsMarketEconomics PhilosophyPrice QuotesCompetition Quotes
Book:Principles of a Permaculture Economy
Create image

“When the individual people have the freedom to engage in permaculture activity, the effect is that ultimately the standards of living are improved for everyone, such that poverty is ultimately eradicated and even the people with the least among all still enjoy considerable wealth. When government or central planning agencies forcefully redistribute wealth, it has the ultimate effect of eradicating wealth such that eventually most people among all are poor; while even those people who have some temporary riches do not have real wealth”

Wealth QuotesHendrith SmithPermaculture EconomyPermaculture EconomicsEconomics Philosophy
Book:Principles of a Permaculture Economy
Create image