Costs/Price, Space-Time and Self Awareness-Consciousness

The most basic economic considerations are Costs/Price, Space-Time and their impacts on the individual. DSGE theorists asserted that they had resolved the first two, but in reality they had merely trivialized them. Capitalism and its parasite Finance have brought us to where we currently are, and Socialism thinks it can effectively replace capitalism with mere re-distribution of monetary scarcity.

MMT is aware that there needs to be an additional flow of finance/income, but as do all of the proceeding theories/movements, misses the inherent cost inflationary nature of the productive/economic process itself.

Positive Money understands the need for financial sovereignty of the nation, but has not recognized some of the shortcomings of re-distribution nor completely understand how to avoid the problems of hierarchy.

Public Banking recognizes the importance of making money a public utility, and is coming to cognition about the necessity of direct financing to the individual and the need for a nationally sovereign agency to guide and execute monetary policy.

Steve Keen has de-constructed DSGE and understands the relationship between, and the importance of money, debt and banks, and discovered Disequilibrium as the actual state of the productive/economic system, but has not cognited on the necessary philosophy and policies that will resolve that fact instead of merely palliating it.

Social Credit is the forerunner of all of these theories and movements and integrates all of their insights and concerns with the philosophical concept of monetary grace the free gift and direct to the individual monetary policies that enables an actual solution to the underlying scarcity of total individual incomes in ratio to total costs/prices in both each moment and the flow of Space and Time.

Wisdomics/Gracenomics/Gracientialism is thoroughly aligned with Social Credit in both philosophy and policy, and it “stands on the shoulders” of C. H. Douglas and a number of his present students without whose knowledge and insight Wisdomics/Gracenomics/Gracientialism would never come to be. It is also the further iconoclastic examination of all economic elements and the orthodoxies that surround them. In addition it is a linguistic and wisdom tradition  exegesis of Social Credit’s most basic concept, Grace,  in all of its aspects, and also that concept’s relevance to and alignment with economics. In essence it is an an integrative study of Cost/Price, Space-Time and Self Awareness-Consciousness.

It can be observed that an aspect of Grace is the basic philosophical or policy denominator in all of the theories and reforms above. Social Credit and Wisdomics/Gracenomics/Gracientialism are simply further and more thorough integrations of that deepest of human concepts and experiences.

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