Quotessence
Home / Quotes / Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

“Inheritance is a natural phenomena. Every tree in every forest is first expected to productively utilize the inheritance it receives from prior generations of trees and other life forms. And every tree in every forest is expected to provide an inheritance of new substance created through growth for subsequent generations of trees and other life forms. In ecological systems, there is a correlation between inheritance and growth, each facilitating the other. Economic systems should function in the same way.”

Quote by Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Create image

Author

Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth

Browse famous quotes and profile details for Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth. more

You May Also Like

“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

“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.”

CapitalismPermaculture EconomyPermacultureCircular Economy
Book:Principles of a Permaculture Economy
Create image

“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.”

ProductivityPermaculture EconomyPermaculturePermaculture EconomicsCircular EconomyMultiplicative Value Effect
Book:Principles of a Permaculture Economy
Create image

“Mayflower-Plymouth has created The Permaculture Index as an alternative to the Dow Jones Industrial Average, the S&P, the Nasdaq and the Nikkei. The purpose of The Permaculture Index is to provide a more holistic representation of the health of the economy. And then we have several sub-indices which aim to present a more holistic representation of specific markets.”

BusinessBusiness SuccessPermaculture EconomyPermacultureNasdaqS P 500Dow Jones Industrial AverageNikkei
Author:Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
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

“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.”

CapitalismPermaculture EconomyPermacultureCircular Economy
Book:Principles of a Permaculture Economy
Create image