It’s The Monetary and Financial Paradigm, Stupid

In response to a poster on RWER Blog:

Me:  Those are all fine reforms, but what economists need to get through their heads is that it’s a monetary economy not “a veil over barter” which view only serves to obfuscate the power of Finance’s monopolistic paradigm. In a monetary economy money is power, freedom, security and, with the correct strategically implemented policies, the road to sane ethical and ecological action.

Reforms are nice. Paradigm changes are permanent progressions….and mega paradigm changes are broadly evolutionary opportunities for the entire species and the biosphere.

In other words if you want to chip away at the enormous rock of the current monetary paradigm one little bird peck at a time recommend some change to an extraneous/off the mark aspect of the real problem. If you want to change an entire pattern’s realities focus on changing the problematic paradigm/pattern. “Upping one’s analytic game” makes all the difference in the world.

G:  “Capitalists are the parasites who sit on top of the remaining collective structures…”

Me:  Correct. And Finance capitalists sit atop the capitalist business models who sit atop “the remaining collective structures”. Worse yet those business models are becoming more financialized with every passing day. The only way to stop it is to change the monetary and financial paradigm.



Leave a Reply

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

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

Facebook photo

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

Connecting to %s