“With Permacapital Economics, there is no need to limit growth or acknowledge so called planetary boundaries because of the "Produce No Waste" key constraint. By designing an economic system whereby waste does not exist, everything produced is profitably consumed - even bi-products, and therefore growth and productivity in our human civilization becomes a net value-adder to the planet and its ecosystems. We become, through our growth, benefactors of planetary wellbeing as opposed to deterrents of it. Just as a tree, and its growth, becomes a net value-adder to the forest. This is what Permacapital Economics is all about.”
Quote by Hendrith Vanlon Smith Jr.
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