$5,000,001- 6,000,000 5 %
$6,000,001-and up 0%
$5,000,001- 6,000,000 5 %
$6,000,001-and up 0%
Me: I have dropped Graeber’s name here numerous times. Why? Because the problem in economics is money, private debt and banking. In other words everything surrounding finance. That is the paradigm that hasn’t changed since Sumeria and is begging us to consciously awaken to. What is a debt jubilee? Monetary Gifting. What is a UBI? Monetary Gifting. What are (or should be) fiscal deficits? Monetary Gifting. What is a 50% discount/rebate policy at retail sale? A completely integrated, direct, continuous and virtually universally beneficial Monetary Gift that utilizes and perfectly mimics the debit/credit accounting process of money creation. Direct and Reciprocal Monetary Gifting, the policy essence of the new paradigm that will enable us to rejuvenate economics and effectively confront climate change.
T: As with my post above, what happens when fiat currency ends up being exchanged for real assets like mined minerals and fiat’s value is diminished by piles of it in the hands of the miners outside of the fiat issuing country and the recipient can find no party to accept? Then the hard assets end up in the hands of the financiers/rentiers. Then what? It seems like we end up with the same results that happened with The Enclosure?
Me: The obvious answer here is to create a true publicly administered national bank which, aligned with the new monetary and financial paradigm, is free to distribute credit in a socially beneficial way. Private money creation is a monopolistic, problematic business model which is the only business model allowed to extract costs post retail sale thus violating the consumer sanctity of retail sale. A public bank would innovate private money creation out of existence and it would make private money creation the shite picker upper occupation after the creation of the internal combustion engine.
Science is important, wonderful and necessary, and it exists as a wholly contained set within the broader mindset of wisdom/paradigm perception which is the ability to simultaneously perceive particularity and essence of operant factors so as to solve problems that appear to be in even inevitable conflict.
Chaos is likely an apparency ultimately resolved by contemplating the aspects of the natural philosophical concept of grace, like for instance unity and dynamism.
The outrage is spot on of course, but how many outraged speeches does it take to change things? The answer: A zillion with palliative reforms, or one more with the correct set of policy solutions to the most underlying problem because they align with the new paradigm concept that changes the operant conditions of the entire pattern under investigation.
The keys to paradigm perception are an integration of depth of knowledge, discernment of primacy of problems and willingness to embrace conceptual simplicity…because paradigms are single and singularly efficacious ideas which paired with aligned policies…change everything.
Let us perceive and act. The Martians are laughing and the earth and its inhabitants are moaning.
KZ: The full cultural and political implications of the neoliberal critique would not be felt until the demise of the Keynesian system of macroeconomic management, which emerged around 1968, and gathered pace with the end of the Bretton Woods system of fixed exchange rates in 1973. That model had included an ample role for public investment and planning, which combined comfortably with post-war modernist visions of social housing, expanded higher education, public service broadcasting, publicly funded arts, and so on. This may not have been driven by modernism in an avant-garde sense, but it represented what Mark Fisher has called ‘popular modernism’, as represented by mass literary culture and rising social mobility. Keynesianism cultivated a sense of progress as a collective temporal experience, most explicitly and coarsely represented by that symbol of macroeconomics, GDP growth. For Franco Berardi, neoliberalism involves the retreat of individuals into virtual and imaginary spheres of political transformation, combined with a terrible sense that dominant political institutions are now permanent. As a symptom of powerlessness, depression is the consummate neoliberal disease. Getting high and tuning out becomes a necessary techno-political fix in a society that has lost its capacity for collective reinvention but has rendered individual ‘creativity’ an economic obligation. It is living people in a dead society. And its many other symptoms fill our media daily. Inequality, exceptional and routine cruelty, hatreds by the dozens, failed families, governments, religions, schools, etc.
We need to kill this monster we’ve created before it destroys our species. We do this by first wiping out the price system, then neoliberal markets, and finally money. Since economics as practiced today is built around sustaining these institutions, with their end there is no more need for this economics. Then we could look to building anew.
Me: I would say we need to innovate/evolve the price and money systems first with the new paradigm of monetary grace as in gifting because it resolves the deepest flaws of finance capitalism (individual monetary scarcity, systemic monetary austerity and chronic price and aset inflation) while, with the 50% discount/rebate policies at retail sale and at note signing for green and big ticket items, also enables us to proceed directly and forthrightly toward a much saner industrial and ecological policy.
As the concept behind both the new monetary and financial paradigm and the next zeitgeist is the natural philosophical and epistemological concept of grace as in love in action, and active love/graciousness is recognized as both the highest ethical and spiritual value and hence the most evolutionary concept of self actualization…the further evolution you’d like to see ought logically proceed within that new infrastructure.
If you have a child out of wedlock and/or are under the age of 25 your dividend payment will be reduced by $250/mo. If genetic testing establishes that you are the father of a child out of wedlock, the same age limits are established your dividend will also be reduced by $250/mo.
If after taking a mandatory course in human relations and healthy child rearing, and 2 years of no domestic disturbances your $250/mo. reduction in dividend may be rescinded.
Couples who finish a course in human relations and healthy child rearing before getting married and at least 9 months before having a child will receive an additional $250/mo.
If more than one domestic disturbance occurs in a marriage and remediable counseling is refused the $250/mo. may be rescinded.
I find it curious that FJG and UBI advocates are at odds with each other. The fact is that both are philosophically aligned and can be integrated under the actual new paradigm concept of Direct and Reciprocal Monetary Gifting. Furthermore, their purchasing power benefits are doubled by the additional and actual paradigm changing policy of a 50% Discount/Rebate policy at retail sale. UBI/Universal Dividend and FJG are basically palliative policies which do not directly deal with the REAL problem, namely the parasitical, dominating and monopolistic private banking system and its paradigm of Debt Only as the sole form and vehicle for the creation and distribution of money/credit.
Private banking and their monopolistic monetary and financial paradigm of Debt Only ARE THE PROBLEM. End that paradigm and their dominance with the policies of the new paradigm of Direct and Reciprocal Monetary Gifting (JG, UBI and a 50% Discount/Rebate policy at the point of retail sale. The fact is for-profit money creation and distribution is not a legitimate business model but an expensive parasite on the actual productive economy. No other business model is allowed to add an additional 50+% of costs post retail sale. Imagine going to the grocer and buying $100 worth of goods, then getting a phone call from them saying: “Oh, sorry, its necessary to charge you an additional $50 for those goods, please remit.” Retail sale is the terminal ending point of the entire economic/productive process where production becomes consumption. Integrate the new paradigm of Monetary Gifting into the debt based system and the private banks will become the horse shit picker uppers after the invention of the internal combustion engine.
Both science and religionists have it wrong…because they don’t mentally integrate, experience and so understand that nature is both particular and ecstatic.
Mere, orthodox, obsessive and somnambulistic Dualism is the entire problem that humanity has excruciatingly slowly dealt with since its first paradigm change from unconsciousness to self awareness occurred.
Grace is the full, unitary, simultaneous, conscious and so exstatic experience of the cosmos….of which you are an integral part.
Taxation to fund government and to control inflation is unnecessary and theft.
Taxation to direct industrial policy toward sane ecological goals, ensure the ethical compliance of economic agents with the philosophy of the new paradigm and to maintain the stability of the entire system is necessary and wise.
The whole problem on this blog is its obsessive fixation on economic theory….when the real problem is the monopolistic monetary and financial paradigm that alternately gooses and strangles the economy. Change that from Debt Only to Direct and Reciprocal Monetary Gifting and as I have pointed out a hundred times here the economy’s deepest and most thorny problems will resolve, and we will also be able to make giant strides toward surviving climate change to boot. Carry on.
You guys are all erudite, but you’re aiming at the wrong/primary problem. Change the monetary and financial paradigm from Debt Only to Direct and Reciprocal Monetary Gifting and all of the major problems you’re talking about will either immediately disappear or be able to be easily regulated away. All of the astrological tinkerings that developed around Ptolemaic cosmology resolved or disappeared when helio-centrism was confirmed. Think about it.