Excellent update on the unethical insanity of present “innovative” finance capitalism. I don’t wish to get into a debate with anyone about capitalism vs socialism. Rather to find “third way” integrative means of securing actual and profitable exchange for all economic agents individual and commercial.

To do that you have to go to the conceptual/paradigmatic level of analysis. Why? Because palliatives, even good palliatives, never actually change things. The correct operant APPLIED concept, i.e. paradigm however does change…the nature of an ENTIRE pattern of thought or human system. Am I against system’s analysis? Of course not…just system’s analysis ONLY. The word ONLY designates whatever it is attached to as a monopoly and all monopolies are problematic because they violate Lord Acton’s dictum that “Power corrupts, and absolute power corrupts absolutely.”

Presently, we have a quasi-monopoly paradigm for intellectual inquiry of Science/Reductive Analysis ONLY when we would be much better served by an integrative “third way” paradigm of Wisdom…within which scientific analysis is a wholly contained set.

We need a new monetary, economic and financial paradigm, a Wisdomics if you will, that ends the monopoly paradigm of Debt ONLY as in the burden to repay ONLY wielded by finance…and that integrates the new paradigm of Monetary Grace As In Gifting into the present Debt ONLY system.

Take the policy program for a Wisdomics-Gracenomics DIRECTLY to the individual so as to herd the political apparatus toward that new paradigm and a new world becomes possible.

TR: The “third way” begins with the monetization and the distribution of one’s own debt-free money.

Only the free market can safely, efficiently and legally monetize debt-free gold to be used as a monetary source for debt-free trade and real economic growth.

The consumer now has the stage.

Me: Gold solves for a few, but neither our economic system’s deepest problems nor the individual’s enslavement by the current monetary paradigm of Debt ONLY.

PRIVATE individual and comercial debt has always been the deepest reason that empires disintegrate. For once and for all I’d like to see that human civilization long iron law end….but you have to think paradigmatically before you can visulaize the whole picture…and how to terminatedly fix it.

L: anyone that comprehends Dostoevsky, nietzche, Shopenhauer, Freud, Lacan Pollitzer, Marx etc is fully aware Acton is a moron—power does not corrupt—impotence corrupts….”a liberal is a power worshipper without any power”. Orwell

Me: Unfortunately that list including Orwell, became cynics, not because they were not insightful in some ways, but because they lived prior to Kuhn’s book on paradigms and so had no insight regarding the concept of paradigm/ENTIRE pattern changes. No one I know surpasses me in awareness of failed changes, but I’ll never embrace cynicism because it is about 5 microns above total apathy and so is surrender without a fight. Consider that. I prefer Antonio Gramsci’s perspective of “pessimism of the mind, optimism of the will.”

Unfortunately we also labor under the paradigm of science/complex reductive analysis of problems ONLY, which is fine, except for the fact that wisdom insights and new paradigm concepts are analogous phenomena in that they are both deep resolving simplicities…and we really need all of that intellectual load. Scientific and paradigmatic/single concept analysis should always be concurrent. One informs the other and vice versa, but science alone, although delicious is generally impotent regarding change, and too often results in erudite/habitually orthodox duncery.