Grace Is The New Zeitgeist…Also

The only way significant progress will occur geo-politically is with a new zeitgeist. Fortunately the new zeitgeist concept is exactly the same as the new monetary and financial paradigm. That is why changing the new monetary and financial paradigm is so important because it not only is the operant factor in changing economics it begins the domino effect of a mega-paradigm change and ultimately the new zeitgeist.

The philosophical concept of grace, that is love in action, is the most unitary, integral, relevant and all encompassing human concept ever conceived and experienced. All we really need to do is self actualize it in whatever system, body of knowledge, area of human endeavor and individual circumstance and then….proceed.

My “Theology”

I believe the cosmos is god. A dynamic thrust toward self awareness/consciousness is the integral and elementary nature of the cosmos and we have evolved enough to become aware of this fact.

Posted To RWER Blog 05/30/2021

Patent rents are individual corporate monopolies. Monopolies are anti-freedom and have historically been problematic. Worse than individual corporate monopolies are paradigmatic monopolies not only because they are systemic and cultural, but because paradigms are such mentally integral phenomena that they are largely unconscious.

The current monetary and financial paradigm of Debt Only is monopolistic and virtually monopolistically controlled and defended by the private for profit banking system. Economic theory “strains at a knat and swallows a camel” because it doesn’t recognize this fact.

I repeat: Resolve the monopolistic monetary and financial paradigm and the seeming unresolvable conflicts in economic theory will go “poof”….because the current monetary and financial paradigm IS the most underlying economic problem.

Regulate the new paradigm concept with aligned rational and sane guidelines as well as an effective tax code and thrive and survive.

Money is created and distributed by accounting entries, that is debits and credits. Do the same with the new concept of monetary gifting at strategic points in (and after) the economic process…and we can get on with trying to survive the bigger problem of climate change.

Post To RWER Blog 05/10/2021

The trick is not so much to merely criticize what is admittedly worthy of criticism, but rather to find a way to integrate the interests of both self and the other in economics and the money system. My assertion is that this is best and only accomplished by the natural philosophical concept of grace i.e. love in individual action/systemic policy via the implementation of a universal monthly dividend, 50% discount/rebate policies at both retail sale and the point of note signing for big ticket and green items and a tax and regulatory regime to encourage compliance and punish destabilizing and unethical self dealing.

Innovative and integrative thinking and acting is the process and essence of wisdom.

Posted To Palmer Report 05/06/2021

The truth? The republicans don’t care about anything but being in political power. If they have to pander to the dumb motherfucker nut case conspiracy constituency in order to even be competitive….they will pander to it. They know that “normal” republicans are so tribally and ideologically enslaved that they won’t care and will vote republican even if a horned guy with a tail and a trident is the presidential candidate….like Asshole for instance. So their pandering is actually a politically astute calculation.
The one thing that can erode that idiot unethical alliance is elucidating a policy that directly and continually puts a substantial amount of money into the hands of everyone 18 years of age and older. This is accomplished by a $1000/mo. universal basic income and then implementing a 50% discount at the point of retail sale. That immediately doubles the purchasing power of everyone’s earned income, and along with the $1000/mo. UBI guarantees $48k/yr. for a two adult household before they do a lick of work. This combines the self interests of both the individual and enterprise; and yet not only ends any possibility of inflation, but results in what is currently considered impossible, that is integrating price deflation beneficially into profit making economic systems. People might be dumb, but they’re not STUUUPID….as the saying goes. And that is why democrats had better wake up and glom onto thes policies that will accomplish the above…and much more.
If they don’t the republicans will be happy to eventually recognize its power, run on it, rule for decades with their 16th century social policies, authoritarian ethic etc. etc. etc….and then either water such policy down, let finance wriggle free from the dungeon such policies put them in and let the chaos of climate change reduce the population by 90% or so. Don’t be a dumbmotherfucker. Recognize the political power and problem resolving capabilities that a paradigm change in the economy and the money system can effect.

Hallelujah! Amen. Hallelujah!

Everything is grace. Everything is an expression of grace. Grace is both natural and what has always been associated with the supernatural. The natural is grace and no less ecstatic than the greatest experience of god. The experience of god is the unitary integration of one’s awareness and the incredibly powerful, dynamically flowing, irresistible non-stop electro-magnetic emanation of everything that surrounds us at all times in the moment.

Grace is space-time and everything taking place within it. Grace is the expression, the active form, of each and everything in the cosmos including, most importantly, love. Grace, that is active loving, is never not relevant, powerful, wonderful, fulfilling, resolving, unifying and ultimate wisdom. Applying the relevant aspect of grace/loving is the answer to any problem personally, in any system, body of knowledge or area of human endeavor.

Contemplate, experience, self actualize and express the ultimate integrative and ecstatic reality of grace by looking at it in front of and all around you continually. Amen.

Post To RWER Blog 04/21/2021

MMT has the money creation structural process correct. Steve Keen is correct that accounting is important in understanding money in economics. Michael Hudson is correct that the financial system is a parasite on the economy. Now if heterodox economists would cognite on:

1) the fact that the present monetary and financial paradigm is DEBT ONLY

2) that this paradigm is a monopoly charter

3) that money/credit is created entirely via accounting entries

4) that a gifted 50% discount to the individual/rebate back to the enterprise price and monetary policy at retail sale:

a) mirrors the money creation accounting process,

b) ends inflation forever,

c) ends individual monetary scarcity,

d) ends systemic monetary austerity

e) enables fiscal freedom

f) ends the monopoly paradigm of DEBT ONLY idiotically granted to the banks and

g) a 50% discount/debt jubilee policy at the point of loan signing for all “big ticket” and green consumer products enables us to move with post haste toward an ecologically sane industrial policy instead of wringing our hands about the fact that we’ve gone no where fast toward saving the world from climate change and global warming.

Who’s afraid of the new monetary and financial paradigm?

I: I agree with Gerald Holtham: “MMT is a fine example of intellectual product differentiation: I am going to sell you the same soap powder as other people but I’m putting it in a new packet and calling it something else. There is not much in MMT that wasn’t in Abba Lerner 80 years ago.”

It is Functional Finance soap powder or even Chartalism in a new box. However, it is a soap powder that will clean some of the mud (muddle, uncertainty, doubt) out of the capitalist system. At the same time, it will not remove the capitalist stain itself. That requires sterner measures involving the most revolutionary detergents possible: those that deter the reactionary agents of capitalism, meaning the monied elites, their sycophants and apparatchiks.

Me: “At the same time, it will not remove the capitalist stain itself. That requires sterner measures involving the most revolutionary detergents possible: those that deter the reactionary agents of capitalism, meaning the monied elites, their sycophants and apparatchiks.”

Precisely. Like the new monetary and financial paradigm of Direct and Reciprocal Monetary Gifting and its conceptually aligned policies and regulations. Stop fighting losing battles, even against the present set of enablers and anti-social assholes and embrace the better (for everyone) mousetrap.

One quibble. Make that an EVOLUTIONARY detergent.

The Intelligence, Effectiveness and Power of Grace

Why do I continually speak of grace applied to our systems? Is it because I want to impose upon you your worst sunday school nightmare 24/7 365? No, it’s because the true meaning of religion is the self actualization of love and its active form grace.

Love, mature, fully understood and expressive love, that is graciousness, is the gift, the meaning and the highest purpose of human existence. It’s also the most pragmatic and effective, most unitary, most evolutionarily progressive and hence most intelligent thing you will ever learn.

Grace applied to the economy, the money system and to industrial policy WILL indeed save us from our own cultural and personal selves and from the technically applied wreckage we’ve mistakenly and half witted-ly utilized to attain security and abundance both of which, curiously, are aspects of the concept-experience of grace.

Of Perspectives and Their Mindsets

All of the leading heterodox theorists and reformers are onto what the overall problem is with the economy. Their problem is really just they’re operating at lower levels of abstraction and analysis. They’re worried about being scientific which is all fine and good of course, but it is a reductive, piece-meal level of analysis. They haven’t analyzed the economy from the philosophical-conceptual perspective let alone from a paradigmatic level which is an integrative mental and temporal way of looking at things. Why? Because a paradigm is both a new concept and an entirely new temporal universe pattern. Thus it integrates the opposite perspectives of mental and physical-temporal phenomena.

Then a pattern change must resolve the major problems of current theorizing in a universally beneficial way, otherwise its not THE new paradigm. Scientific and paradigmatic breakthroughs are almost always accompanied by new tools and/or insights that contradict current orthodoxies. They are often also the result of looking at problems in different and often seemingly irrelevant and/or illogical ways. The current new monetary and financial paradigm is exactly like this.