Quotessence
Home / Books / Principles of a Permaculture Economy

Principles of a Permaculture Economy

Book by Hendrith Vanlon Smith Jr · 26 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

“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.”

EconomyEconomicsTradeCongressEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“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

“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.”

EconomicsPermaculture EconomyPermaculture
Book:Principles of a Permaculture Economy
Create image

“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.”

EconomicsCryptocurrencyTokensPermaculture Economy
Book:Principles of a Permaculture Economy
Create image

“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.”

BusinessEconomicsBusiness QuotesPermaculture EconomyPermaculture EconomicsBahamasPermaculture SocietyEconomy Qoutes
Book:Principles of a Permaculture Economy
Create image

“The "Push to Perfection Mechanism" is a vital component of a Permacapital Economy. In this type of economy, there is a strong emphasis on timely and voluntary exchange of services and payments between employees, suppliers, and customers. All parties involved expect accountability from businesses, although their expectations differ.”

EconomyEconomicsTradeEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“Productivity is a crucial economic driver in both capitalism and Permacapital Economics. However, the frameworks differ in their approach to its purpose and the ethical and social considerations that surround its pursuit. Capitalism often prioritizes productivity as a means to maximize profit and economic growth, while Permacapital Economics seeks to harness productivity for sustainable value creation and equitable distribution within ecological limits.”

EconomyEconomicsTradeEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“A core element of Permacapital Economics is the voluntary exchange of products and services between people, businesses and governments. Each economic participant is free to choose who they will buy from and sell to. There is no force, collusion, or coercion determining the exchange of products or services.”

EconomyEconomicsTradeEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“In a Permacapital Economy, the patterns of production, the uses of private property, the delegation of resources, the regulation of industry/commerce, and the movement of prices are all based largely on the desires and demands of the consumers, within the reasonable limits of regulation. Too much consumer sovereignty will result in the pursuit of low prices and convenience Being at the expense of good wages, harmony with nature, social cohesion, etc. Too little consumer sovereignty will result in the dominance of government and industry to the extent that the freedoms (liberties) of the people are infringed upon and the efficiency of the whole economy is reduced.”

EconomyEconomicsTradeEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“It is a matter of efficiency, practicality and productivity that labor as a whole be divided into specialty jobs that come together to produce greater value than could be produced without such division. Businesses will tend to create new jobs which serve a special function. Therefore, workers will be incentivized to skill themselves such that they may be employed in certain functional roles according to their availability in the marketplace. This phenomena contributes to efficiency at scale, in the economy. Any law or policy or cultural trend which inhibits the division of labor will consequently inhibit efficiency in the economy.”

GovernmentEconomyEconomicsTradeEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“In a Permacapital Economy, businesses are born and businesses die. When businesses are providing value to customers and society, and doing so with fair prices, better than their competitors - they remain alive. When businesses are unable or unwilling to provide value to customers and society and are overpriced and worse than competitors - they die. The process is determined by what is best for society, naturally, by the various mechanisms at play in the Permacapital Economy.”

EconomyEconomicsTradeEconomic PolicyTariffsEconomy QuotesPermacapital EconomicsTrade Deal
Book:Principles of a Permaculture Economy
Create image

“Pure capitalism is great at rewarding the creative utilization of capital by one group of people in service to another according to present gross utility and refined use cases. But pure capitalism does not address the intentional placement of boundaries or the intentional facilitation of productive interactions accounting for net utility and holistic use cases. This is why pure capitalism at times is threatened by or presents threats to a variety of social and ecological ecosystems. And this is why permaculture economics is superior to pure capitalism, as it contains all of the benefits of capitalism plus some benefits that capitalism does not provide .”

CapitalismEconomicsProductivityPermaculturePermaculture Economics
Book:Principles of a Permaculture Economy
Create image