Posted To Steve Keen’s Podcast 05/16/2025

You’re quite right that neither the left nor the right think and/or are offering any kind of actual change in economics. And yes there is plenty of delusion around in economic theory, but what is the solution? Its a true Hegelian synthesis/thirdness greater oneness of the problematic duality you point at of capitalism vs socialism. And you guessed it, this thirdness greater oneness is accomplished by discovering and implementing the thing no one is talking about…the new monetary paradigm concept of Direct and Reciprocal Monetary Gifting with its entire policy program but most importantly, because it is the very expression of the new paradigm, a 50% Discount/Rebate policy at retail sale. That policy must be broadcast to the masses and demonstrated to them until until it becomes “an idea whose time has come”.

And who is going to say they don’t want to be able to buy $100 worth of groceries for $50, or a $60k EV for $30k at retail and then when they finance that $30k they only have to pay 50% of the monthly auto payment (because the auto payment is the retail point of an auto loan) which means they get a $60k EV for a payment of the equivalent of a $15k loan. Same applies for a mortgage where the home buyer sends you to finance a $500k house for only $250k because the government or central bank is sending them $250k as the retail sale rebate and then you go to finance which creates the other $250k and sends it to the home builder and yet the government/central bank pays half your mortgage payment so you’re getting a $500k house for the equivalent payment of $125k.

Again, who is going to not like this? No one. Who is going to demand this? Everyone. Even the banks can like it because the market for $500k houses that they get full $250k interest on just quadrupled because the consumer only has to pay half the monthly payment.

Plenty of other policies in the entire new paradigm program that stabilizes the beneficial deflation which slam dunks any gaming, cheating and ignoring of the new rules, that

mitigates over consumption by creating a huge investment incentive in eco-energy

R & D and infrastructure bonds at 5-6% with a sliding scale required “tax” of gifted income, etc. etc.

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