When you recently discovered that accounting was important to track flows of money and that DSGE/neo-liberal theorists could get their economics degrees without taking so much as a beginning course in accounting you were onto something. However you’re still splashing around on the surface of debits and credits. You need to get below the surface of debits and credits and into the actual 3 and 4 dimensional part of accounting known as cost accounting which gets you into the “quantum” empirical level of the economy where the data exposes the system’s deepest source of imbalance and how a flaw in the conventions of cost accounting enforces it.
When a business starts up or expands it finances it. Let’s say a firm gets a $100k loan and purchases or builds the facilities and capital equipment necessary to begin production. So the business must charge $100k and get $100k plus its profit margin, plus finance charges, plus the full costs of replacing their facilities and equipment plus any other incidental costs that they incur. Now all of this is possible to do on an individual enterprise basis of course, but it is number one very, very difficult and number two macro-economically actually makes the system unstable in its normal and unfettered operations….because the cost accounting convention that says ALL costs MUST go into price is always enforced, so macro-economically the rate of flow of total costs/prices will always tend to exceed the rate of flow of total individual incomes….simultaneously produced and actually available to liquidate those costs/prices. And that is the ever present, ubiquitous and hence dynamic A + B theorem and the Social Credit insight.
I would suggest you consider these empirical facts and the calculus of their ratio….before some other disequilibrium theorist or a slightly less doctrinaire DSGE one recognizes them and takes credit for discovering it…. and then all of your hard won iconoclastic re-discoveries will basically end up for naught.
And of course even if one doesn’t want to confront the empirical and calculitic evidence of the dynamic cost inflationary nature of the economy itself, there are the inherent, inexorable, increasingly economic and monetarily disruptive and just getting started forces of innovation and artificial intelligence in profit making systems, all three of which have basic logics/imperatives of efficiency (innovation-efficiency of human effort, profit making systems-efficiency of cost and artificial intelligence-efficiency of human input at all) ….resulting in increasing unemployment, decreased aggregate individual incomes and economic instability. And obsessing about unemployment and calling for “make work” schemes is completely stupid and inconsistent with freedom. Why? Because it will enable the Banking and Financial systems to continue their dominance of our political systems and so us all? Why insist on low levels of employment in a high tech incredibly productive economy when a sufficient universal dividend and a discount to retail prices will enable you to still find (probably more) work if you chose and also allow you the time and opportunity to self determinedly lead a more fulfilling life….whether you work or not?
Finally, the real secrets of a universal dividend and retail discount is the directness and immediacy of their effects, their costlessness to the individual and the system and their ability to cause their effects both within the system (the discount mechanism) and by going outside of the normal operations of the system (the universal dividend). No other theory and no other orthodox policies have these essential micro and macro-economic remedial qualities.