image missingTrue Value Metrics (TVM)
Meaningful Metrics for a Smart Society
image missing Navigation ... HOME
HOME BRIEFS PROBLEMS
POSSIBILITIES
SYSTEM
OVERVIEW
PROGRESS
PERFORMANCE
STATE
CAPITALS
FLOW
ACTIVITIES
FLOW
ACTORS
EFFECTIVE
MANAGEMENT
PETER
BURGESS
SiteNav SitNav (1) SitNav (2) SitNav (3) SitNav (4) SitNav (5) SitNav (6) SitNav (7) SitNav (8)
Date: 2019-11-21 Page is: DBtxt001.php L0700-CD-CREDITS-and-DEBITS-of-VALUE

CREDITS and DEBITS of VALUE
IMPACTS ON SOCIAL, NATURAL & ECONOMIC CAPITALS


PEOPLE
THEIR CONTRIBUTION and THEIR COST OF LIVING
.
Value Credit ... the Contribution of People
Parenting
Working
Family
Community Research ElderCare
  • 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.
.
Value Debit ... the Cost of Being Alive
Food I
Food II
Housing Clothes / Stuff Mobility
Education
  • Costs of Living are a net True Cost to Economic Capital
  • Costs of Living are strongly correlated with environmental degradation ... reduce 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

HEALTHY FOOD
HEALTHY FOOD DEBITS CREDITS
  • Money price ... debit for SC (buyer)
  • Production cost ... debits for EC (producer / seller)
  • Energy sub-cost ... debit for NC
  • Material sub-cost ... debit for NC
  • Payroll sub-cost ... debit for EC (producer / seller)
  • Money price ... income for EC (seller)
  • Nutritional value ... credit for SC (life and wellness for buyer)
  • Payroll sub-cost ... credit for SC (income for workers)

MEAT
MEAT DEBITS CREDITS
  • Money price ... debit for SC (buyer)
  • NC debit ... substantial GHG emissions during production
  • NC debit ... substantial land use degradation during production
  • NC debit ... substantial water pollution during production
  • SC debit ... health danger due antibiotics being introduced into the supply chain
  • Money price ... income for EC (seller)
  • SC credit ... meat tastes good!

FAST FOOD / PROCESSED FOODS
FAST FOOD DEBITS CREDITS
  • Money price ... debit for SC (buyer)
  • SC debit ... substantial GHG emissions during production
  • NC debit ... substantial land use degradation during production
  • NC debit ... substantial water pollution during production
  • SC debit ... health danger due antibiotics being introduced into the supply chain
  • Money price ... income for EC (seller)
  • SC credit ... meat tastes good!

HIGH SUCROSE BEVERAGES
  • The prices are higher relative to the nutrition
  • In the case of meat, the environmental impacts are many times more serious.
  • In the case of chocolate there are many allegations of gegregious social costs in the supply chain

width='150' height='100' > width='150' height='100' > LUXURY FOOD
Food is a basic need ... enough food and nutritional food.
The food sector in the global economy is one of the most important and has many problems that need to be addressed.
Some parts of the world are short of food and in other parts of the world, people are eating to much.
FOOD is a very big global industry
The technology for food processing has become more sophisticated in recent years, but the technology has been used in large part to optimize for profit rather than for better nutrition and better wellnss outcomes.
Agriculture has become more efficient in terms of more profit per acre, but without taking into account the degradation of the environment
As population grows, and per capita food consumption grows. more and more natural tropical forest land is being cleared for mechanized agriculture. The cost of deforestation is being ignored in the conventional assessment of economic performance.
  • Food is a basic need ... and enough food and the associated nutrition are essential to health and wellness.
  • The price of food is one dimension in the computation of the costs of living.
  • There are also environmental costs associated with the production of the food and getting it to the point of consumption.
  • There are further economic and environmental costs associated with the responsible handling of food waste.
COST OF LIVING Open L0700-PE-CL-PEOPLE-COSTS-OF-LIVING
A lot more about FOOD ... how it flows through the economy Open L0700-SS-FOOD
A lot more about FOOD ... the structure of the industry Open L0700-SI-FOOD
SHELTER / HOUSING
Everyone needs somewhere to live. Politicians talk about 'affordable housing' but don't seem to understand much about what this means. People with wealth and high incomes are able to afford housing no matter how much it costs, but people with modest means and low incomes are 'priced' out of the market. This has come about because most of the population is learning little more today than they were 40 years ago and the price of housing has increased substantially, whether it is house ownership or simply renting.


NATURE
HUGE CONTRIBUTION and UNSUSTAINABLE DEGRADATION
.
Value Credit ... the Contributions of Nature
LAND
WATER
AIR
RESOURCES
BIODIVERSITY
ECOSYSTEMS
  • Everything depends on natural systems ... this is the origin of ALL value add
  • Natural Systems are incredibly 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.
.
Value Debit ... the Depletion and Degradation of Nature
LAND
WATER
AIR
RESOURCES
BIODIVERSITY
ECOSYSTEMS
  • 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.


ECONOMY
THE SYSTEM OPTIMIZES TO MAXIMIZE INCREASE IN ECONOMIC CAPITAL
.
CREDITS and DEBITS of BUSINESS ORGANIZATIONS
Big Business Entities Power the World Economy
Value Credit ... the Value Add of Business Organizations

Google

Apple
  • 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.
Value Debit ... the Value Destruction by Business Organizations

Google

Apple
  • 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.
Huge corporate organizations dominate everything
... many believe that profit is the main and only thing

Google

Apple

ExxonMobil

Rolls Royce

Maersk

HSBC
  • 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



The text being discussed is available at

SITE COUNT<
Amazing and shiny stats
Blog Counters Reset to zero January 20, 2015
TrueValueMetrics (TVM) is an Open Source / Open Knowledge initiative. It has been funded by family and friends plus donations from well wishers who understand the importance of accountability and getting the management metrics right. TVM is a 'big idea' that has the potential to be a game changer leveling the playing field so the wealth and power is shared on a more reasonable basis between people who work for a living and those that own the economy and the levers of power. In order to be effective, it cannot be funded in the conventional way with a for profit business plan, but absolutely must remain an open access initiative.
WE WANT TO MAINTAIN AN OPEN KNOWLEDGE MODEL
A MODEST DONATION WILL HELP MAKE THAT HAPPEN


The information on this website may only be used for socio-enviro-economic performance analysis, personal information, education and limited low profit purposes
Copyright © 2005-2019 Peter Burgess. All rights reserved.