The insight of Wisdomics is expressed in what I refer to as The Cosmic Code because it is a formula that has universal application, the integration of opposites as a requirement, Grace as a new paradigm and an ethic of Grace as in Love in action so the process, the act of continual integration is in fact an integral aspect of the formula itself. So Wisdomics’ very philosophy is about both Wisdom (the integrative process and the means of garnering Wisdom itself) and its highest expression and experience, Grace, and so necessitates and commands integration (Wisdom) and Grace (love in action as necessary aspects thereof).
All current economic and/or monetary theories save Social Credit either miss vital facts about the economy, the money system, the costing/pricing system and the cost accounting conventions that every enterprise (for good reason) is utterly ruled by, and finally by false and/or irrelevant orthodoxies that prevent truly objective observations of the economy both micro and macro-economically. And actually Social Credit occasionally and in some respects still labors under the latter category of orthodoxies in my opinion even though it outstrips any other theory by orders of magnitude.
Let me give one example:
Steve Keen used a graph created by his mathematics to disprove general disequilibrium that resembled a saddle wherein there was only one point where equilibrium was possible…if there was no policy intervention. His critique of general equilibrium theory in general and of its obsessive assertion of equilibrium was perfectly correct, but Wisdomics integrates any opposites and also includes any relevant aspect of Grace which in this case is economic action/policy…in order to attain and maintain the free flowing state of Grace. So his analysis was incomplete in that it did not integrate the opposites and provide an action that produces a balanced economic flow. Furthermore, his preoccupation with disequilibrium is likely in the process of becoming an orthodoxy itself. The fact of the economy left to itself being in disequilibrium is not in dispute. Douglas discovered that fact over 90 years ago and Keen has just recently re-discovered it. Again, it is his lack of integration of the opposites and recognition that an action/policy is absolutely necessary in order to attain and maintain a virtual if not complete temporal order/equilibrium. Now to be fair Keen has recommended policies in the past, but they have lacked the empirical, calculi-tic and philosophical insights of Social Credit and so were not complete (as in completely pervading time and space which are also aspects of Grace) or executed at the proper place in the process of the productive system (as in the terminal end of costs and price for any item or service so as to do no harm to any agent (harmlessness of course being an aspect of Grace and of human life and living’s necessary ethical component).
Now, the actual two policies of Social Credit that meet these criteria (a universal and variable gift of money i.e. a dividend, and a compensated/rebated discount to retail prices to the individual…. themselves were not fully recognized as integrative nor the power of such integration completely understood…even by many Social Crediters. The integration of the dividend , a gracious gift, pervades the system and every individual’s economic life with a necessary, additional and abundant amount of money and the retail discount attains and maintains through time the flow, the pervasion of monetary grace/Gifting…and encompassment of the economy because these two policies/actions, integrated, bracket the entirety of the productive process from beginning to end.
With all of the preceding said, the true power of these policies is often not fully comprehended even by Social Crediters (although Douglas I understand in the latter part of his life and in contemplation of Social Credit’s policy effects did express the idea that the discount mechanism might actually be utilized to reduce prices by as much as 95% at retail).
And this is my major point in this essay….the integration of the general disequilibrium theorist’s correct contention of equilibrium unrealistically being possible at only one point on the saddle graph of Steve Keen (sans a policy action) and the general equilibrium theorist’s contention that the economy always tends toward equilibrium (and thus they say we should mostly do nothing and take no action)…..are the very policies/actions of Social Credit and the truly powerful effects recognized by Wisdomics WHICH ARE THAT THOSE POLICIES CAN ALSO BE UTILIZED TO PROACTIVELY CREATE AN EQUILIBRIUM OF INDIVIDUAL INCOMES AND COST/PRICES….AT VIRTUALLY ANY LEVEL OF INCOME/MACRO-ECONOMIC OUTPUT…AND SO NEITHER EQUILIBRIUM NOR DISEQUILIBRIUM ARE ALLOWED TO BECOME FETISHES AND ORTHODOXIES.
Finally, and as an aside, an aspect of Grace is its perfectness. Not in the perfectionistic sense of obsessiveness, compulsiveness or of force in any sense, but rather in its inclusiveness of the truthfulness, workability, applicability and highest ethicality of whatever subject it is applied to…because its perfectness includes even the imperfections it continually and thoroughly integrates….in order to enable them to temporally ascend and be transformed by Grace/graciousness.