Posted to Billy Mitchell’s Blog 11/19/2015

Ikonoclast,

I would assert that such opinions are merely restatements of orthodoxy. We need, we require a new idea, a new economic paradigm. No more mere economic theory. Look at the empirical data of scarcity of individual incomes in ratio to total costs/prices inherently created by the system, look at the history of this scarcity ratio playing out time and again in history, look at the present trends which are only going to make that inherent reality worse. Monetary Gifting must be integrated into economic theory. To hell with capitalism and socialism with their top down hierarchical enforced orthodoxies, we need a third way Distributism whose philosophy and reflective policies are a practical and ethical upgrade from such mereness.

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