What is wrong with capitalism? And what is its evolutionary, not socialist and reactionary replacement?

It is an anachronism, an appendix, an economic and social system which has gone on too long and that refuses to integrate with anything other than the wholly inadequate primary purposes of profit and power. Not that profit and even power are wrong in and of themselves, but if one integrates economic theory and aligns its philosophy and policies with a truly human and adequate primary purpose…profit and power will still exist within such a system, but they will be tempered if not transformed by the guidance of such adequate philosophy and policies.

So what is the philosophy and what are the policies of such a system? Well, as Wisdom is the integrative process and the pinnacle result of such integrative contemplation is a philosophy, an ethic and the experience of graciousness, then Grace and policies completely aligned with Grace are exactly the the idea and the paradigm we need to focus on.  The major characteristics of the idea, the policies and the experience of Grace are balance, equilibrium and flow as in, “The dancer flowed gracefully across the dance floor in perfect balance and equilibrium.” That these same characteristics are the sine qua non and intended goals of economic theory is no coincidence. Such a system based primarily on Grace and its reflective policies would be a more human and encompassing philosophy and would not destroy, but rather evolve. And policies enacted that aligned with such a philosophy would immediately transform the system and end the reign of the asymmetrical powers that currently “control” the present system. Finance which, in what is allegedly free market theory, enjoys a glaring monopoly on credit creation, and whose product and sole paradigm is Debt…would immediately have that monopoly balanced by policies aligned with an aspect of Grace, namely monetary grace the free gift to the individual. In sufficient quantity this would immediately transfer unextortable power to make policy/determine which economic entities would survive and those who would not…from a self interested elite into “the many hands of individuals.” With such policies in place it matters not whether everyone immediately sees the efficacy of such philosophy and policies. Wisdom after all by definition is the best, most ethical, most practical and yes the necessary guide for both individual development and systemic policy, and the highest integration of both thinking and acting. Hence it cannot be irrelevant. The concept of Grace is not “pie in sky” but rather the signature, the hallmark and the result of the fully integrated personality,….and policies based on that same concept are powerful, ethical and necessary. Necessary? Yes, the one common denominator of every period of relative economic “good times” is more money actually available for the consumer to spend and so make the economy flow…and the lack of such readily available money is also the one common denominator of every economic downturn.

So enough of the mereness, the fragmentation and lack of clarity and alignment of economic theory with Humanity whose species designation is homo sapiens, wise and discerning man. Let us have Wisdom as our guide, because of ourselves and despite our flaws. A Wisdomics, a Gracenomics is the necessary, the liberating and the more fruitful future for the cynic, the oppressed and even the already powerful.