Disequilibrium theory is accurate and true. DSGE theory isn’t accurate or true. However, making an ideology and dogma out of Disequilibrium theory is just as stupid as making one out of DSGE.
The classical intention of theory and policy in order to attain economic equilibrium remains, whether one believes the economy inherently tends toward equilibrium or disequilibrium.
The two primary problems of modern economies are lack of aggregate individual demand and inflation, and the policies of a universal dividend and a reciprocal deflationary discounting/gifting of retail price from merchant to consumer and then back to the merchant…are the solutions to those problems.
Additionally they are an actual reversal of the problematic ratio above, thus making incomes exceed prices which are actually deflating on a continuous basis and yet that injures no business and fits seamlessly within profit making systems because the discounts are rebated back to participating merchants.
These policies and their new paradigm of Grace as in Gifting are what I refer to as “the higher disequilibrium” and are the one’s that Disequilibrium theory requires to make it consistent with classical intentions, workable, free flowing, non-dogmatic and unitary….and hence the new theory that heterodox theorists are striving to conceive.