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CAPITALS
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SOCIAL
CAPITAL
SOCIO
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NATURAL
CAPITAL
ENVIRO
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ECONOMIC
CAPITAL
ECONOMIC
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IMPACT ON ALL THE CAPITALS
Optimization for profit has been very effective and financial wealth (a component of economic capital) has grown robustly for the past 40 years. The impact on society has been much less positive with wages flatlining since around 1980. The impact on the environment (natural capital) has been catastrophically negative, and now posing an existential risk to the future of humanity.
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HOW SEES WORKS
NOT JUST THE FINANCIAL CAPITAL
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L07-HOW-SEES-WORKS
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STATE / ALL THE CAPITALS
NOT JUST THE FINANCIAL CAPITAL
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Open L07-STATE-ALL-THE-CAPITALS
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PROGRESS - PERFORMANCE / CHANGE IN STATE
CHANGE FOR ALL THE CAPITALS ... NOT JUST FINANCIAL CAPITAL
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Open L070-PP-PROGRESS-PERFORMANCE
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PROGRESS - PERFORMANCE / CHANGE IN STATE
CHANGE FOR ALL THE CAPITALS ... NOT JUST FINANCIAL CAPITAL
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Open L0700-PP-PROGRESS-and-PERFORMANCE
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ACTORS
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PEOPLE
as ACTORS
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ORGANIZATIONS
as ACTORS
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GOVERNMENT
as ACTORS
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PEOPLE make ALL the decisions
PEOPLE make decisions ... often within ORGANIZATIONS ... and in GOVERNMENT. PEOPLE have to be held accountable for the decisions they are making. Management DATA have a role in making accountability timely and meaningful.
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ACTORS / PEOPLE / ORGANIZATIONS
FOR DECISIONS ... RESPONSIBILITY ... ACCOUNTABILITY
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Open L07-ACTORS-PEOPLE-ORGANIZATIONS
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PEOPLE-as-ACTORS
FOR DECISIONS ... RESPONSIBILITY ... ACCOUNTABILITY
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Open L0700-PE-AC-PEOPLE-as-ACTORS
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ORGANIZATIONS-as-ACTORS
FOR DECISIONS ... RESPONSIBILITY ... ACCOUNTABILITY
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Open L0700-OG-AC-ORGANIZATIONS-as-ACTORS
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GOVERNMENTS-as-ACTORS
FOR DECISIONS ... RESPONSIBILITY ... ACCOUNTABILITY
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Open L0700-GO-AC-GOVERNMENTS-as-ACTORS
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MANY FLOWS / MANY PERSPECTIVES
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PRODUCTS
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PLACES
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PROCESSES
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TrueValueMetrics is multi-perspective and multi-dimensional ... and as simple as possible using standard profile benchmarks to assess actual performance of everything. Supply chains circle the world creating profits and pollution along the way. There is rigorous accounting for profit and almost none about pollution. This is dangerous and must be changed.
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PRODUCTS / STUFF / CONSUMPTION
SUPPORT QUALITY OF LIFE / EARN PROFITS / PROVIDE JOBS
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Open L07-PRODUCTS-STUFF-CONSUMPTION
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PLACE / COMMUNITIES / COUNTRIES
WHERE LIFE IS LIVED ... WHERE EVERYTHING COMES TOGETHER
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Open L07-PLACE-COMMUNITIES-COUNTRIES
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PLACE / PLACES
EVERYTHING COMES TOGETHER IN A PLACE
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Open L070-PL-PLACE-PLACES
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PRODUCTS
PRODUCTS DELIVER QUALITY OF LIFE ... AND POLLUTION
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Open L070-PD-PRODUCTS
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PROCESSES
PROCESSES DELIVER PRODUCTS, PROFITS ... AND POLLUTION
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Open L070-PC-PROCESSES
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ENVIRONMENT / NATURAL CAPITAL
... m
Social and Economic Progress has been achieved by the depletion and degradation of Natural Capital
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LAND
Natural
Essential habitat for all sorts of living organizms
... more
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LAND
Agricultural
Huge land areas now used for agriculture
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LAND
Built up
Much land now built over with various types of economic development
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FRESH
AIR
Fresh air is very good for human health and longevity
... more
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FRESH
WATER
Without water there is no life, and now becoming increasingly scarce
... m
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OCEAN
WATER
A huge energy sink, and where all the world's garbage accumulates
... m
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MINERAL RESOURCES
The raw materials for most of the useful products we use every day
... m
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FOSSIL
FUELS
The sources of power that made the industrial revolution possible
... m
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CLIMATE
SYSTEMS
The essential mechanisms that have kept the climate stable until now
... m
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ECOLOGICAL SYSTEMS
The many mechanisms that serve to recycle everything in nature
... m
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BIODIVERSITY - FAUNA
Animals, birds, fish, reptiles, insects and other life forms
... m
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BIODIVERSITY - FLORA
Millions of species of plants that occupy a complex ecosystem
... m
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PROFITS / WEALTH / ECONOMIC CAPITAL
... m
Social and Economic Progress has been achieved by the depletion and degradation of Natural Capital
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PHYSICAL CAPITAL
All of the people built systems and structures that make the modern economy function.
... m
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Buildings
Buildings provide shelter and places to work but very inefficient
... m
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Infrastructure
Many sorts of infrastructure are essential for a modern economy
... m
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Processes
Modern production processes have become very efficient but energy intensive
... m
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Transport
Transport and logistics are enabling global trade and sustainable development
... m
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Working Capital
Inventory, receivables and financial liquidity are essential to a viable society and economy
... m
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OTHER ECONOMIC CAPITALS
More people built systems and structures that make the modern economy function.
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FINANCIAL
Money makes the world go round, but it is only a lubricant
... m
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KNOWLEDGE
Education is foundational and essential for a better world
... m
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INSTITUTIONAL
Organizations, rule of law, etc make an enabling environment
... m
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CULTURAL
Dance, music, tradition, religion ... all sorts of good things that make life worth living
... m
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LOCATIONAL
Place is where everything comes together and makes a difference
... m
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