The speed of transaction, of acceleration of change and beyond that acceleration of disruptive change is making markets which haven’t actually been in anything resembling equilibrium since pre-industrialization, virtually unmanageable. General equilibrium is a farse and general disequilibrium will be a chaotic farse. The only alternative is to proactively create a virtual equilibrium by finding a philosophical concept which corrects both the deepest aspects of the disequilibrium and the disruptive change, and also aligns with individual freedom and systemic free flowingness and finally then; craft policies around it. I assert that that concept is monetary grace the free gift/free gifting.

To many this will appear absurd, however, the paradigm shift from hunter-gather to agriculture undoubtedly looked absurd to the hunter-gatherer as they “knew” you had to go to where the food was…not stay in one place and expect it to present itself. So are all paradigm changes apparently absurd until the present orthodoxy itself becomes apparent to virtually everyone….as the actual absurdity.

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The idea and orthodoxy of onerousness, a puritanical, austere, authoritarian and imposed difficultness is the cognitively dissonant counter point to the creative, abundant, decreasing need for human input in production and the increasingly effortless flow of our technological capabilities.  Grace as in systemic free flowingness, and Grace as in the free monetary gift to the individual is precisely the concept that accurately reflects those capabilities and that will dispel our present attachment to such an overbearing attitude and an imposed orthodoxy of  control instead of a more rational self determined one.

Also, a mere statistical set point equilibrium can be an equally imposed orthodoxy as the concept of equilibrium actually has no arbitrary number, set point or level….especially when a system could use the anatomy of an equilibrium itself, i.e. a plus (to incomes) and minus (to retail prices) in macro-economic mechanisms to create and maintain an equilibrium at various levels of income….or even a reverse positive disequilibrium where prices would fall at a greater rate then individual incomes …and in which individuals and society could more quickly progress toward abundance and individual freedom eventually culminating in money becoming simply a ticket for the distribution of abundant production….as Douglas envisioned it to eventually be.

Economic orthodoxies hide in even the dark corners of theory, and necessitate we ferret them out.

Perhaps instead of General Equilibrium Theory we should embrace a Positive General Disequilibrium Theory of Social Leisure and Self Determinism