An Awakening In Economics?

Me:  An awakening is necessary to right economics alright. But awakenings don’t occur unless you discover and analyze the aspect of the economy that holds all of the de-stabilizing emergent qualities of economics in place. And that of course is the money system and its paradigm of Debt Only.

Don’t take my word for it, take the words of Steve Keen who said that the reason neo-classicals won’t recognize that its a monetary economy not a veil over barter is “because if they did they’d have to admit that the money system destabilizes the economy.” And that’s just one small but utterly important insight short of locating the essence of the real problem which is the monopolistic monetary and financial paradigm of Debt ONLY. That crashing realization is the inversion of the positions of the earth and the sun….of economics.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s