Monopolistic power and control in the absence of Grace is a fait accompli. With the concept of Grace in each and every one of its aspects applied in human systems, power and control may still exist and be utilized, but if an ethic of Grace is primary a just and dynamic balance will be maintained. Wisdomics/Gracenomics/Graceientialism transcend both capitalism and socialism. ***************************************** Ardeshir, Your points are all spiritually valid….but they only become economically applicable and thus temporally possible….if the economy ITSELF tends toward equilibrium. As the rate of flow of total costs always tends to exceed the rate of flow of total individual incomes actually available to liquidate them in the normal and completely unfettered operation of the economy…it (the economy) presently does not tend toward and cannot be in equilibrium….unless a gracious and costless gift of individual income balances costs/prices and individual incomes available to liquidate them…and then a discount to retail prices where all costs for any item of production is terminally summed is implemented so that all additive costs are equated with the initial cost of finance, i.e. the original amount financed. wisdomicsblog.com

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As I have recently posted here Varoufakis is a close friend of Steve Keen’s and Keen’s IDEA website has advocated a complementary currency for Greece which could be either complementary to the Euro or the Drachma.
this is what I hope is in the works because even though it is a tepid, timid
and incomplete version of Social Credit it will help the Greeks weather the difficulties they face and be an example of how a supplementary currency is an economically stabilizing and individually beneficial tool/mechanism. The world is beset by orthodoxies of various types most blatantly the blindness and unethical idiocies of economic and monetary theories so I expect things like leveraged shorting and other cruel and dominating actions by EU financial authorities, but if the Greeks follow through with such a plan with half a brain and don’t idiotically fall into heavily mixing socialist re-distributive measures into the plan they should see much better conditions than the rest of the PIGS and probably even better than Germany and France who are caught in the paradigm of Debt ONLY…along with everyone else.