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The First Law of Value
- Law 1
- Needs
- Manifestation
-
Dynamics
- Age Structure Demographics
- Household and Family Demographics
- Labor Market Demographics
- Geographic and Migration Demographics
- Income and Wealth Demographics
- Education and Human Capital Demographics
- Health and Mortality Demographics
- Consumption and Savings Demographics
- Ethnic, Racial, and Cultural Demographics
- Time-Use Demographics
- Intergenerational and Longitudinal Demographics
- Systems
- The Demand Model
- Demand Measures
- Demand Ratios
- Problems in Demand
- Solutions
- Worker Economic Systems
Table of Contents
The previous sections explained the differences between Economics and Supereconomics
| Idea | Economics | Supereconomics |
|---|---|---|
| Self | Selfishness | Fellow-feeling |
| Importance | Utility | Minimum Needs |
| Goal | Profit Maximization | Gross National Happiness |
| Store of Value | Money | Grains |
| Poverty Solution | Universal Basic Income, Microfinance | Basic Points Revenue |
Replacing the Time Value of Money with the Time Value of Life
Part of the upgrade of human mentality to rise above crude matter into the subtle spirit or consciousness is the replacement of money with actual real exchangeable value in goods and services.
This changes the focus of the mind from static money into dynamic creativity that each person puts into his work.
This will be more evident if that person’s work represents his dharma or inherent purpose in life.
This is why we replace the store of value from being static, based on Time Value of Money, into something dynamic, based on the Time Value of Life.
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