Why? Because it justifies the parasitical and actually economically illegitimate nature of private for-profit finance and its paradigm of Debt Only as the sole form and vehicle for the creation and distribution of money.
This current paradigm and structural justification becomes unnecessary with the new paradigm of Direct and Reciprocal Monetary Gifting. It undercuts all of the complexities of chaos theory currently trying to find the “emergent” properties that are causing our economic instability. This is not to dis chaos theory and emergent properties which may well be fruitful research in many ways. It is simply recognizing that the true primary and again illegitimate factor de-stabilizing the economic system….is not being recognized, confronted and handled by the aligned policies of the new paradigm which resolves all of the problems heterodox economists agree upon are afflicting the system.
It’s the monetary and financial paradigm, stupid!!!