value of Earth

"The value of Earth is assigned and assumed in any system of economics, but is only typically explicit in green economics which takes ecological loads into account."

"Like all economic indicators, the value of Earth is the outcome of a balance of forces" which are indicated, but not determined, by the price of Earth that markets infer. The price signals reflect many separate value judgements and perceptions of scarcity:

"Where there is more of Earth's ecological wealth made available, its price falls. Where there is less, and scarcity reigns, its price rises. Keeping it rising can increase land prices, encourage rapacious behaviour to pay for that, and deplete nature's services. Letting it fall may indicate an unrealistic assessment of what nature is actually worth to humans, and encourage slack protection."

"Accordingly, some balance is required." Craig Hubley further proposes that this balance be achieved by a green ethic in which non-price values are leveraged and reflected in a manner similar to the twelve levers of Donella Meadows or the Three Laws of Robotics of Isaac Asimov, in which higher leverage laws overrule the lower. This approach in turn is based on that of Rushworth Kidder.

This is a refer link to import some arguments to the Living Platform without assuming any credibility to the references. See en: hubley.org value of Earth for the original and the remarks in context].