Economics needs an upgrade philosophically, psychologically and ethically. How obvious is its cozy relationship with power and wealth? How alloyed by, and allied has it been with ideology instead of being an objective seeking after truth? How paltry, mere and small are its driving forces of profit and control when stood next to more expansive, inclusive, integrated, elegant and ethical ideas like Grace whose aspects not only reflect the ideals of economic theory and policy, i.e. balance, equilibrium and flow, but also Grace as in the free gift which is the way to balance the glaring monopoly of credit and the dominating paradigm of Debt enjoyed by an overweeningly powerful financial system? Why not counter this monopoly with monetary gifting to the individual and so bring virtual equilibrium and free flowingness to technologically advanced and super productive modern economies whose glaring problem is distributing its abundance? Is the financial system entitled to hold a monopoly in an alleged free market system? If the indicator of recession is always insufficient individual actually spendable income in the hands of the individual, then how is a routine supplement to individual incomes not its solution? If inflation is a chronic aspect of modern economies how is a policy of a periodic gift of a discount to retail prices not the solution to such inflation? The economy and economic philosophy and policy are broken. The adult response to that brokenness are remedies that fix the actual problems. How much psychological relief for both individuals and businesses would result from the implementation of these gifting policies, and how much increased energy, renewed positive and constructive purpose and synergistic creativity would those same policies unleash in individuals and businesses? The rational self interest of both businesses and individuals is perfectly aligned with and hinges on the upgraded philosophy and policies of a paradigm of gifting. Let us have gifting securely implemented with post haste!
So what are we waiting for to do that particular upgrade???