Small silhouette of Doug Wolkon WELCOME TO PLURANOMICS, THE ECONOMICS OF MANY.

Labor

Energy Debt vs. Energy Equity

Non-Renewable Energy creates a Debt-Based Economy

  • We are currently leveraging our land value with non-renewable or “borrowed” energy debt.
  • Non-renewable energy owns the 1st Mortgage Debt on our Land.
  • When energy debt costs grow, our land’s 1st mortgage grows.
  • Such increases in costs are inflationary. Continued »

The Evolution of Capitalism

Land, Time and Value

  • Land is the original source of Value.
  • Land is productive but scarce.
  • Its scarce production value can only be enhanced through human innovation.
  • Human Innovation increases with increases in Labor Time.
  • Originally, the only Production Cost of Land Value was Labor Time.
  • Land Value was originally realized from the essential production of food (hunger), clothing (protection) and shelter (protection).
  • Labor Time Costs were paid in food, clothing and shelter.
  • Labor Time Costs were stable upon sufficient production of food, clothing and shelter.
  • Further developing our Land; our Labor Time produced Extra Land Value or Capital Stock Profits.
  • Capital stock profit was originally the accumulation of Extra Land Value.
  • Extra Land Value was originally paid in Labor Free Time and/or other Luxuries.
  • However, when Land was appropriated to private landlords, our Extra Land Value paid and afforded a Land Rent.

Continued »