Musk is proof that you can be a genious and a dope at the same time…if you don’t integrate mental and temporal opposites which is the very process of wisdom itself and the phenomenon of every historical paradigm change. He does wonderful things that align with survival like Tesla and SpaceX and yet makes political comments that align with politicians and the petroleum industry who spew Drill! Drill! Drill! Integrate Elon, INTEGRATE!

If you use accounting’s integrative method of mathematically summing to zero (-4 + 4 = 0) with a 50% discount/rebate on prices at retail sale, a 50% gift/debt jubilee at point of loan signing and various other places throughout the economic process it not only ends inflation forever it also implements and stabilizes beneficial price and asset deflation. Ending inflation forever enables the kind of fiscal deficits and private investment (with 5-6% eco-bonds for instance) that could fund the mega-projects necessary to confront the energy and climate crises.

You could also use the same summing to zero accounting operation to mitigate increased consumption by creating a sliding scale, based on income, of required percentage of gifted money invested in such bonds or other rational and scientific purposes. A gift of investment is still a monetary gift.

Observing that “economists can get their PhD in economics and not have to take so much as an elementary course in accounting” is a good insight. Applying accounting’s temporal universe anchoring realities by aligning it with the new monetary paradigm of Direct and Reciprocal Monetary Gifting integrates opposites and changes the world.

*****************************************

We don’t need to off planet the populace although eventually we can probably do that also, but what we do need to do is off planet most of production and resource discovery. Again, complete conceptual opposition and inversion of temporal universe reality are the signatures of historical paradigm changes, like the Copernican Cosmological paradigm change or the one from nomadic hunting and gathering to homesteading, urbanization and agriculture for instance.

***************************************************

New paradigms which are operant applied concepts are the ultimate simplifications in that they are deep resolving simplicities that change complexities like systems or bodies of knowledge for instance.

CA: The illusory idea that time is “ linear” is on a par with Flatlanders belief that Reality exists in two dimensions. Humans are made “in the Creator’s likeness” because we have the ability to create as well. We often lose sight of the fact that YVHV created us, and not the other way around. Macrocosm/ Microcosm. “As above, so below”. Any number of Mystery schools throughout human history have been exploring the implications of this relationship. Those that have ears shall hear. Bon voyage!

Me: For all practical temporal universe purposes time and policies that have long term effects IS linear. Physics may also enlighten the fact that under certain circumstances it might also be otherwise, but thats beside the economic point and is not a valid critique of anything I said.

My point was the importance of integrating opposites like money/economics and natural spirituality which would not only resolve the deepest and stickiest economic problems we face, but also transform the universally participated in act of commercial exchange into an infrastructure for the self actualization of grace as in gratitude. And there is no need to chant the right name or jump through any pre-scientific hoops in order for it to be devastatingly true and effective.

KM: Just an observation based on what I’m ‘feeling’ listening to this:

When you’re engaged in important but controversial work, as Steve is in developing factually based and thermodynamic-compatible New Economics, credibility is paramount. The more controversial opinions you publicly espouse outside your core project, the more you put your personal credibility on the line. That impacts on public perception of the veracity of your core work.

For me, my hatred of Oligarchs is utterly visceral, and my interest in New Economics is founded not only (or even particularly) on desire for economic stability, but also on a degrowth-compatible monetary system and elimination of dangerously excessive wealth accumulation. The populations of the (high energy consuming) advanced world- North America, Europe, Japan and now China- have already shown innate capacity for population degrowth but the old economic order have done their very best to sabotage this in the name of permanent growth.

The current trend for austerity economics is not an accident caused by ignorance. It may be so within public-facing politicians (intellectual pygmies compared to their counterparts of 2-3 generations ago, who unfortunately did not have access to modern economic research) but the oligarch / corporate funded ‘think-tank’ puppet-masters know exactly what they are doing. The intention is to reinforce traditional capital relations notwithstanding the damage it does at the worker / small-to-medium business level. It’s a playbook written in the 1920’s and the intention is fascism.

This is why oligarchs and giant corporations must be politically castrated, not glorified.

Me: I wouldn’t disagree with anything you said actually, except that its a complete non-starter, particularly for your protaganists.

If you instead enlist the allegiance of both the general populace and corporate agents with the unprecedented benefits of the policies I’ve advocated here, also have ways to mitigate large increases in consumption, and make off planeting of production and resource discovery doable with fiscal and private investment…you’re a hell of a lot more likely to get a good result.

CA: The “natural philosophical concept of grace” is a phenomenon that exists outside of linear time ( or space, for that matter).You could use some mental floss instead of swamping this comment section. Start yer own Substack why don’tcha?

Me: If you limit it to religious fundamentalism or others who are “caught up in spirits of the air” or something. However, the APPLIED ideas AKA paradigms invoke the most relevant and progressive changes in the world we all inhabit. My plea is to utilize the mental floss of Wisdom (not necessarily religion).

If Dr. Keen would engage me here we both might learn more efficacious ways to implement the new monetary paradigm in the economy. I strongly suspect he won’t do that because #1 the policies I advocate align perfectly with everything he says is wrong with macro and much of what he’d like to see happen. That plus I have history, good philosophical logic and excellent debating and rebuttal skills. But who knows?

Steve Keen to another poster: I agree it’s no accident—or rather it’s a fortunate one that Neoclassical economics describes capitalism as a meritocracy when it’s anything but.

You’re rather more optimistic than I am about our capacity to bring about a fair society.

Me: The first and sadly usually the last hurdle to overcome is one’s own cynicism which must be brushed past because its like 5 microns above total apathy on a scale of temporal universe action. Consult Sun Tzu.

What ever happened to the old saw that people vote their pocket books? Business people can be relied upon to vote the same if they see potential demand doubling with the single policy of a discount/rebate at retaill sale and other benefits like a monthly universal dividend enabling payroll tax cuts both they and their employees pay for then defunct taxes for welfare and unemployment insurance. Marx didn’t get his “revolt of the bourgeoisie” because he didn’t find a solid way to integrate the self interests of the individual and merchants like these policies.

Of course the banks, the idiot conservative and libertarian pundits…and the terminally cynical will somehow oppose these, but they are few and the other 99.9% of the populace that ACTUALLY look at how much more secure and prosperous they’ll be…are many.

Mass movements, especially ones aligned with genuine new paradigm policies that resolve problems that simple math enlightens routinely succeed. Abstract theoretics are wonderful and necessary precursors, but they are relatively impotent in changing things and often deteriorate into mere bitching. Take it directly to the people.

Steve Keen to another poster: Fair enough. Mars is my “Hail Mary Pass”: I’m not optimistic about it either (30 years too late, thanks to Neoliberalism Kyboshing NASA in the 1970s) but I’d rather have it than not.

Me: Yes, direct action economically, monetarily and socially that resolves inflation so that without fear we can run the kind of fiscal deficits needed to fund cosmic production and resource discovery. At this point anything less than that is cringing cynicism.

*************************************************

Me: Your facts and theoretics as usual are true and enlightening. But we could linger in little or no actual significant political or temporal universe change unless we start a mass movement to communicate the huge personal and commercial monetary benefits of utilizing the accounting equation that equal debits and credits sum to zero at retail sale, point of loan signing and other points throughout the entire economic process.

If you can’t sell a universally experienced 100% increase in individual purchasing power with a 50% Discount/Rebate at retail sale that lowers the price of a $400k house to $200k and a further decrease to $100k with an up front 50% Gift of the interest on a $200k loan to the bank in return for a $100k debt jubilee to the consumer, then you’re either an ego involved neo-classical advocate or just have never realized the power to create beneficial monetary and economic effects applying monetary accounting operations.

Everything eventually boils down to politics. Sell it. Its a winner. The clock is ticking.