Surprisingly even good economists like Steve Keen don’t seem to grasp the unethical dominance of every other business model and nearly every individual in the economy by the Banking system controlled by the too big to fail Banks. He’s right that interest can be mathematically and theoretically paid and is not the sure fire reason why the economy is unstable, but if ever more debt is required in order to enable people and commercial enterprises to keep the economy functional, then debt service will inevitably build up to the point of un-repayability. And all the while the Banks are enriching themselves while the individual and an increasing percentage of enterprises falter and/or fail.

The system requires a new paradigm that eliminates the dominance of the Banks and brings an end to their monopoly powers and monopolized product, debt. Debt is fine, however a debt ONLY paradigm is inevitable disaster. Monetary Grace as in Gifting must be integrated into the money and Banking systems. Monopolies are false unities. The policies of a thorough integration of Debt and Free Gifting will finally evolve us past both capitalism and socialism to a new third and unitary system of monetary Distributism. The Cosmic Code applies precisely to the situation:

[ (capitalism  X  socialism)  X  Monetary Grace/Gifting = Distributism ]