Sarah

“The real cost of something is its value in alternative uses. This truth always presents itself in prices. There is no benefit that may be gained without cost to the same individual who gained the benefit. There is no benefit that may be presented without cost to the same individual who present the benefit.”
― Hendrith Vanlon Smith Jr, Principles of a Permaculture Economy

“The Profit function: Individual profits cause collective growth and prosperity. It is necessary for individual people and businesses to profit in a Permaculture Economy where justice is maintained and fairly applied. Profits are earned when efficiency is mastered. With profits, individuals invest in (a) new and innovative means of production which will allow more profits, or (b) buying products and services from other individuals who are also seeking profit by providing value.

Profits also incentivize individuals to be productive participants in society to begin with. If there will be no profit in an activity, business or industry, then individuals will decline participation in that activity, business or industry. Since profits are only possible when buyers are satisfied with the productivity of sellers, then it is also true that an individuals willingness to participate in an activity, business or industry is preceded by the buyers satisfaction which allows the seller to profit. But when buyers are dissatisfied and decline participation, it forces sellers to decline participation. Inversely, if profits are eradicated through the force of price-controls by the government, then sellers will decline participation which then causes buyers to decline participation. And when both sellers and buyers decline participation, then whole industries and economies collapse.”
― Hendrith Vanlon Smith Jr, Principles of a Permaculture Economy

“It is not the role of government or any central planner to formulate the final distributions of wealth and income.”
― Hendrith Vanlon Smith Jr, Principles of a Permaculture Economy

“It is a matter of economic wellbeing that most families be formed as mother, father, and children in a single-family household.”
― Hendrith Vanlon Smith Jr, Principles of a Permaculture Economy