The above quote by Karl Marx is spot on, and unfortunately Finance is currently our master. C. H. Douglas’s quote that, “Systems were made for Man, not Man for systems.” spot lights the intolerably unethical state of our financial and economic situation.

The new monetary and economic paradigm is Direct and Reciprocal Gifting because it eliminates the rigged necessity to continually borrow which is no solution at all because the resulting build up of debt, even if at 0% interest, will eventually exceed the system’s ability to service that debt. With a continually adequate amount of monetary gifting the market for new finance could also be downsized which would make Debt wither down and the economy to become truly free flowing.

It is true that both of the last two financial crises were preceded by wild speculation which precipitated those crises, but beneath that fact the unethical untenability of compulsory debt build up remains, and the true underlying cause of the compulsion, namely the inherently cost inflationary nature of modern technologically advanced capital intensive economies.  This is not perceived by even heterodox economists because they are not educated in cost accounting and most accountants are not educated to perceive the economic significance of the datums they work with every day, hence they both miss it, and so Finance construes their dominating paradigms of Debt, Loan and For Production Only as unfortunately necessary.