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#permacapitalism

Top Voted Definition for #permacapitalism

Perma-capitalism: an economic system in which the means of production are privately owned & operated for a profit & wages are paid to employees, but value is measured in terms of 5 capitals: treasure, built assets, intellectual capital, human/social capital, & natural resources. All capitals have associated flows & debts. Sustainability of wealth requires careful stewardship of all 5 capitals.

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Added on Oct. 28, 2010 anonymously

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