…however, none that would enable the aggregation of them to de-stabilize the new system, and even those which are legitimately speculative and so allowed would likely be taxed…especially if they were used to form purely financial “investments”…as opposed to traditionally productive ones and/or ones intended to create entrepreneurialism, innovation and ways to increase production while simultaneusly utilizing less resources.
Yes, and also so distract us from the actual as opposed to the virtual moment that we never really experience ourselves which is the vehicle through which we also experience God.
…is the complete and utter integration of production and consumption…at the same present moment. Hence it also becomes an entirely third and unified thing, namely the agreed upon satisfaction of the purposes of a duality. Thus it mirrors The Cosmic Code and also expresses the following aspects of Grace: bothness integrated, completeness, satisfaction, thirdness-unity-oneness, present moment consciousness and experience. Wisdom is the integration of opposites and Grace is trinity-unity-oneness.
Recently, economists have been slinging invective at each other from all sides it seems, and I can see why. Macro-economists have been operating on a load of false and/or impossibly unrealistic assumptions for the last 35 years. Even Steve Keen, probably the best and most iconoclastic economist on the planet and from whom I have learned a lot about theory over the last several years, still has a foggy and incomplete concept of the necessary new monetary and economic paradigm. He and virtually everyone else also have virtually no idea how to target ongoing policies that will enable the saturation of the economy with that new paradigm. Well, it’s my turn, so here are the policies, the new paradigm, why they will work and what will be their beneficial effects for everyone and for the system as a whole.
Macro-economists are always so far off in some abstract theoretical or mathematical fugue that they fail to comprehend certain vital economic significance’s that take place continually in day to day commerce. The first of these is the fact that when a sale of anything takes place total costs for that item or service are terminally summed. The second fact is that both the pricing system and the money system are digital. In other words $10 of income will reduce $10 in prices for any product or service, and $10 in income will also eliminate $10 in debt.
The most basic purpose of production is consumption, the point of sale IS the point of consumption, and after a sale occurs…no agent can be economically harmed that cannot be readily repaired by standard business practices or legal precedents. Thus it is the perfect place to implement one of the two policies that will usher in the new economic paradigm of Direct and Reciprocal Monetary Gifting. That first policy is a relatively large percentage discount to price (say 40% or higher) by any enterprise to its consumer and that is then rebated back to the enterprise by a monetary authority specifically mandated to do so…so they (the enterprise) can be whole on their margins and overheads.
Up until this specific and generalized policy was conceived by me, price deflation could not be implemented into profit making systems without extreme pain and bankruptcy for both individuals and enterprise. With old paradigms “Weeping may endure for a night, (or for millennia) but joy cometh in the morning” with the new.
The other necessary policy is a relatively abundant universal dividend in the neighborhood of $1500 per month directly distributed to everyone 18 years of age and older in order to resolve modern technologically advancing economies’ chronic and increasing problem of lack of demand.
There are numerous economic, political and psychological benefits that “fall on” with this new paradigm and these policies being implemented that I cannot elaborate upon in this op-ed format. If The Arizona Republic would care to interview me I would be happy to present these additional things.
The economic and monetary problem is that, presently, modern economies must continually build up debt because the rate of flow of total costs/prices always exceeds the rate of flow of total individual incomes.
The psychological problem is that people have not yet recognized the concept behind the new economic and monetary paradigm and the new ethic/zeitgeist yet, namely grace as in Gifting (economic and monetary) and grace as in good will, wisdom and resolution (ethic/zeitgeist). Hence way too many people prefer to obsess about problems rather than being open to integrative solutions, and so do not possess the wisdom to recognize that the highest concept of wisdom is in fact grace/the self actualization of graciousness, and that grace is love in action.
The failure/refusal to cultivate graciousness which is the evolved human ability to free oneself from the stupidities and vicissitudes of Life while not tempting others into the same failure/refusal is the clue that avid Breitbartians are the “pots calling the kettles black.” Intellect is but a small set of beneficial human experience, and at best merely a mode of intelligence.
c copyright Steve Hummel
Thinking through all the theoretical underpinnings of the economy and deciphering the fallacies and stupidities there is indeed complicated. Looking at the dominating business model in the economy and how that is paradigmatically accomplished, the inevitable and increasing trends that innovation and AI will have on aggregate demand and committing at least two neurons to the ethical problem of the aforementioned dominance….is the fast track to the 5000 year old need for a new monetary and economic paradigm. Then all one needs to do is actually look at the workings of the economy and decipher the most intelligent, rational, pragmatic and ethical ways to integrate the new paradigm into same.
Finally, one need not fear the consequences of a new paradigm because historically a new paradigm is always such an obviously beneficial advance and resolution of longstanding and deep problems that every factor in the area/body of thought that the new paradigm applies to….adapts to it….not the other way around.
Please consider it.