Me: Nothing of consequence will happen until the new monetary paradigm is recognized and parasitical private finance is replaced by a national non-profit publicly administered monetary and financial system with policies that simultaneously end austerity and yet also enable the proliferation of renewable energy consumer products and the kind of mega projects that can help us survive the crises we face. This is no time for mere reforms or worse yet “hobby horse” erudite stupidity.
L: Agreed, but…how can that be made to happen? We can easily list all the obstacles, but…peaceful resolution is problematic. No?
Me: It can be made to happen by awakening to the incredibly powerful ending/summing/terminal expression/tipping/inverting/paradigm changing point of retail sale with a 50% Discount/Rebate monetary policy.
Steve Keen has de-bunked DSGE, but in that process he didn’t cognite on the way to create what I refer to as “the higher monetary and economic DISequilibrium”…and that is the 50% Discount/Rebate monetary policy at retail sale which takes a simple accounting and algebraic operation (a minus and a plus sum to zero)….but because it is implemented at the above ending/summing etc. point a sufficient percentage (50%+) it inverts individual and systemic economic realities from scarcity-austerity to abundance and from painful chronic price and asset inflation to beneficial price deflation.
Every historical paradigm change has been characterized by a simple as in deep and elemental operation/activity made possible by a new insight or tool, and by conceptual opposition to and reality inversion of the old/current paradigm.
It’s a general and universal monetary assist to the economy and every agent individual and commercial. The policy is the very expression of the new paradigm itself, namely Abundantly Direct and Reciprocal Monetary Gifting.
C. H. Douglas who first suggested a “compensated retail discount” was still captured by the classical concept of economic equilibrium, the concept and temporal implications of quantum theory was still in its infancy in the 1920’s and the word paradigm was not yet a part of the lexicon. Hence he was hampered by his own cultural horizon.
The first essential step is a mass socio-economic and political movement to communicate the individual and business benefits of the 50% retail sale policy and related regulations and structural changes.
You ARE quite correct that the financial powers that be would undoubtedly have no compunctions with fomenting a regional or world wide conflict to avoid giving up their parasitical and paradigmatic dominance, but so much the more urgent that the rest of the actually legitimate business models perceive its benefits.