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: 2019-12-14 Page is: DBtxt001.php list0300-Wealth-creation-1

Definitions for TrueValueMetrics
Wealth Creation

When there is social valuadd, there is wealth creation. There may be the appearance of wealth creation when there is a lot of profit ... but this wealth is inconsequential unless there is social valuadd that complements the profit.

Some people thing wealth accumulation is the ultimate goal of an individual and family ... and while it is a incentive in an enterprise economy, it is unsustainable if the production of profit is at the expense of the destruction of social value.

The economic crisis of 2007 had its roots in financial profits that were made by big banks and a community of deal makers that made money on deals while wrecking the underlying society. Financial wealth was created and concentrated among the deal makers while social value was destroyed throughout societies.



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.