Carl,

Of course your own work and Ellen’s advocacy of Public Banking are also integral parts of the process, but a third thrust along the lines of my idea of a Project Economic and Monetary Wisdom and Grace that advocates the following things and shows the small to medium sized businessman and the vast majority of the populous how these policies are their mutual way out of this mess and the way home to sanity, stability, prosperity and the accomplishment of much, much more of the truthful and constructive aspects of the left and right’s agendas than they have even dreamed of creating in their obsessive conflict for the last hundred years or so. Together our three pronged approach could be the way that the political apparatus was herded en masse toward freedom.

Just posted this to Mish Shedlock’s blog in answer to the question: How and When Does This End?

Like everything else in the physical universe the current crisis will follow the general course of Start, Change and Stop. That could mean crisis (Start) , muddling through (Change) and then catastrophic war destroying untold lives and means of production (Stop).

That’s if we’re stupid, orthodox, unwilling to integrate opposing ideas and relatively unconscious.

It could also be crisis (Start), recognizing that costs inherently exceed individual incomes simultaneously produced and that the Banks’ monopoly on credit creation and the vehicles and purposes by which it is distributed enable them to unnaturally dominate every other business model and nearly everyone in the world’s economies (Change) and then consciously re-balancing and stabilizing it by the policy actions of “a modern debt jubilee”, a universal dividend for one’s entire adult life to insure the dignity of the individual despite the constructive and freeing onslaught of technological innovation and artificial intelligence which will largely eliminate the necessity of employment for a large majority of the populous and a deflationary discount to retail prices that is rebated back to participating merchants so they can be whole on their overheads and margins (Stop….and Re-Start))….and the world and profit making systems are saved via such integrative Wisdom.

wisdomicsblog.com

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The key to finding and enacting a “third way” is understanding that actual third ways never exist unless there is an actual integration of only truths, only workabilities and only applicabilities of apparently opposing ideas/theories, and an ethical elevation as a result of that integration. Without actual integrations the process inevitably deteriorates into obsessive debate, conflict, ego involvement, closed mindedness and so no actual progress or change.

I don’t beat my drum for capitalism or socialism. I’m for the integration of only the particles of truth, workabilities and applicabilities of both. There are numerous of these on both sides, but for starters if you integrated the economic dynamism of capitalism and the moral indignation of socialism, threw out the obsession with political power and control that both have historically dramatized and replaced it with a commitment to policies that clearly and actually effected economic and monetary freedom for the individual and for businesses, threw out the unworkable re-distributive taxation that both have embraced and replaced it with a direct distributive monetary and pricing program that eliminated both individual monetary scarcity and the possibility of creeping inflation….then you’d be be making a whole lot more progress toward the changes we need. Throw in the recognition that a mass social movement is the only effective way to bring about the political changes necessary to get such policies enacted, and you’d be well on your way to clarity and focus on the entire process.