Post to RWER 07/14/2015

As a friend of Steve Keen’s you must have been aware of his IDEA site’s recommendation for a “complementary currency” for Greece. Even though it is a tame and tepid version of Social Credit it would have been an excellent and workable way for Greece to exit either with the Euro or as a complementary currency to a new Drachma. I can’t figure out whether the reasons why it was not considered were because it was not capitalist enough or not socialist enough which only goes to show how captured economists’ minds are by orthodoxy and consequently unable to conceive of a third alternative to those two that is an integration of their best aspects and which places the rights and welfare of the individual above the tyranny that both Finance Capitalism and Socialism have shown themselves to historically and inevitably devolve into.

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