The Concept of the TotalWorldValue in the New Economics has three main forms.

The original concept of TotalWorldValue refers to the environmental stability for life and its movement around that being measured by the positive and negative movement around that value. In its fully developed form this can refer to all points on Earth with the use of EarthGauge and EarthLevel.

TotalWorldValue in purely economic terms can be seen as the sum of the positive GDPs of all countries.It is the second concept that holds all this on a world basis the EarthLevel. This the level on which all Institutions are viewed, at the world responsibility.

This value refers to the use by financial institutions of the production and its fiscal value - this can be compared with the TWV of the first elemental form which if concerned with value to Earth.It is the bankers massive over estimation of the fiscal TotalWorldValue that plagues the present economics.The massive over simplification of the real value in the World and the inability to express the broadness of this value that has to be solved.The second concept is the developed monetary operation, linking the growth of the economy to the ThirdConcept.

 

The 3rd concept involved the generation and establishment of the new value that provides the TotalWorldValue with the stabilization necessary for the New Economics.This value is encapsulated in the process that is the centre of all endeavor on this planet - the process of invention.