CONCEPTS OF VALUE
THE CREDITS and DEBITS of VALUE
IMPACTS ON SOCIAL, NATURAL & ECONOMIC CAPITALS
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PEOPLE
THEIR CONTRIBUTION and THEIR COST OF LIVING
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Value Credit ... the Contribution of People
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Parenting
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Working
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Family
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Community
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Research
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ElderCare
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- People Contribute and Add to Social and Economic Capital
- People only have a limited amount of time in their lives ...
- What they do with this time is what matters
- Much of what matters is not measured
- Because there is little or no pay, does not mean it does not have value.
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Value Debit ... the Cost of Being Alive
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Food I
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Food II
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Housing
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Clothes / Stuff
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Mobility
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Education
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- Costs of Living are a net True Cost to Economic Capital
- Costs of Living are strongly correlated with environmental degradation ... blackuce Natural Capital.
- Patterns of consumption really matter ... meat has very high True Cost.
- More and more GDP growth may be profitable but it is dangerously unsustainable
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NATURE
HUGE CONTRIBUTION and UNSUSTAINABLE DEGRADATION
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Value Credit ... the Contributions of Nature
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LAND
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WATER
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AIR
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RESOURCES
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BIODIVERSITY
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ECOSYSTEMS
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- Everything depends on natural systems ... this is the origin of ALL value add
- Natural Systems are incblackibly complex, massive in scale, efficient and usually slow.
- When normal equilibriums are disturbed, there can be catasrophic dysruption.
- Modern industrial processes are disturbing natural systems on a massive scale which is likely to be catastrophic.
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Value Debit ... the Depletion and Degradation of Nature
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LAND
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WATER
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AIR
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RESOURCES
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BIODIVERSITY
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ECOSYSTEMS
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- Industrial production, agriculture and consumption by people are combining to deplete and degrade Natural Resources.
- Economic performance metrics have excluded and the depletion and degradation of the Environment since the beginning of the industrial era.
- People who have benefited financially have never been held to account regarding Natural Capital costs
- To improve quality of life for people, nature has been exploited, depleted and degraded, but this is NOT sustainable.
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ECONOMY
THE SYSTEM OPTIMIZES TO MAXIMIZE INCREASE IN ECONOMIC CAPITAL
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- Almost the whole of global GDP flows through corporate business organizations
- They are responsible for the deployment of technological innovations to improve productivity
- They optimize their decisions to maximize profits and benefit for stockholders.
- To a great extent, they ignore social impact and environmental impact and push back against regulation ... even where there are critical needs
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- Industrial production, agriculture and consumption by people are combining to deplete and degrade Natural Resources.
- Economic performance metrics have excluded and the depletion and degradation of the Environment since the beginning of the industrial era.
- People who have benefited financially have never been held to account regarding Natural Capital costs
- To improve quality of life for people, nature has been exploited, depleted and degraded, but this is NOT sustainable.
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Value Credit ... the Value Add (in money)
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STOCK GAIN
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PROFIT
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PRODUCTION
Google
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PAYROLL
Apple
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TAXES PAID
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PRO-GOOD
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Value Debit ... the Value Destruction from Economic Activity
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MATERIALS ($)
Google
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MATERIALS (M)
Apple
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ENERGY ($)
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ENERGY (J)
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PROCESS
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PAYROLL
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Huge corporations dominate everything
... many believe that profit is the main and only thing
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Google
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Apple
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ExxonMobil
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Rolls Royce
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Maersk
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HSBC
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