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Quote by Hendrith Vanlon Smith Jr.

“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.”

Quote by Hendrith Vanlon Smith Jr.

Book:Principles of a Permaculture Economy
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Principles of a Permaculture Economy

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Hendrith Vanlon Smith Jr.

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“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
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“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
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“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
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“Permacapital economics, with its foundational principles of efficiency, equitable growth, reciprocal prosperity, resource, efficiency, and ethical business practices, offers a potentially superior framework for achieving national and global economic resilience.”

Economy QuotesPermacapital EconomicsPermacapital EconomyWorld Economic Forum
Book:An Assessment of Historical Economic Frameworks & A Prescription of Permacapital Economics: A Doctoral Paper: Edition 1
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“Food waste cannot exist in a Permacapital Economy - all food produced is consumed wither by some biological organism like a person or a pet, or by another like a microbe or a fungus. For each organism or economic-participant, the bi-product produced after consumption is food to be consumed by another organism or economic participant. In such a system, waste does not exist; only resources. And in such a system, consumption is not evil; it is virtuous.”

PermacultureEconomy QuotesGlobal EconomicsPermacapital EconomicsPermacapital Economy
Book:An Assessment of Historical Economic Frameworks & A Prescription of Permacapital Economics: A Doctoral Paper: Edition 1
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