Grace: The Cosmic Reality of Emergent Consciousness

MC: It is very clear above that what Keen is doing is NOT what Shiozawa is doing. The title of Shiozawa’s book is refuted by Keen: “Microfoundations of Evolutionary Economics.” Shiozawa is arguing he has found the microfoundations for evolutionary economics. Clearly, keen is arguing above is a different animal alltogether: “The fallacy in the belief that higher-level phenomena (like macroeconomics) have to be, or even could be, derived from lower-level phenomena (like microeconomics) … (Keen)” 

Me: An excellent post on the dynamic, interactive, integrative and emergent qualities of the natural philosophical concept of grace. That concept is also the humanly perceptible state of the temporal universe. All one need do is walk around and touch a few walls and ACTUALLY look at objects and their individual characteristics and all of a sudden…satori! Space and objects are an experience not an abstraction and even more enlightening YOU are much more real than just a chattering voice inside your head. It’s the direct integration and experience of the seeming opposite ends of the evolutionary reality except there’s no top or bottom, real or unreal just a unitary flowing natural and cosmic isness.

Do we want an economy that flows freely and is dynamic, interactive, integrative and natural? Well then, model it after the ACTUAL temporal universe reality of grace by taking two of humanity’s greatest tools, money and double entry bookkeeping and creating abundance, including the self reflective balancing proclivities of wisdom and ethics to consciously guide the necessary randomness which is part and parcel of the natural state of temporal reality.

Ah, may we have the serenity of the present moment in the economy….as quickly as possible. 🙂

MC: It is very clear above that what Keen is doing is NOT what Shiozawa is doing. The title of Shiozawa’s book is refuted by Keen: “Microfoundations of Evolutionary Economics.” Shiozawa is arguing he has found the microfoundations for evolutionary economics. Clearly, Keen is arguing above is a different animal altogether: “The fallacy in the belief that higher-level phenomena (like macroeconomics) have to be, or even could be, derived from lower-level phenomena (like microeconomics) … (Keen)” 

Me: The problem is neither Keen nor Shiozawa, nor any other economist for that matter have cognited on the one chink in the paradigmatic armor of Finance. That chink is the fact that money and its creation are most basically accounting and thus must follow its conventions like equal debits and credits must sum to zero. Hence the efficacy of an equal debit and credit monetary and price policy at the point of retail sale. For the umpteenth time that single policy is paradigm changing. Just look at it and its immediate and continuous effects.

Most people probably consider accounting mere bean counting, but it and its conventions are actually a powerful underlying infrastructure of the entire economy. Keen, who IS brilliant, has come to understand some of the importance of accounting and even remarks to that effect. I know I’ve listened to every one of his youtube and patreon videos for the last 10+ years, and yet missing the strategic power of the point of retail sale, also misses the problem and paradigm resolving potentials of the equal debit-credit-accounting convention policy at that point.

Another way of looking at it is there is macro-economics, economic micro-foundations and the even deeper and more underlying facts and effects of accounting.

It’s kind of like Newtonian physics, quantum mechanics and the present search for a new physics (like string theory or a way to explain why the cosmos apparently lacks sufficient mass and is accelerating and thus there must be dark energy/dark matter causing it).

Proof People on RWER Blog Want Exactly What I Have Posted About There For Years. It’s Just That They Haven’t Cognited On The New Paradigm Concept.

ghholtham: At the level of theory we require equations of motion, if you like, based on plausible aggregation properties of plausible views of human behaviour in particular circumstances. There is no expectation that these would have a “solution” in the form of a stable equilibrium. We need to acknowledge not only the incompleteness of information that makes optimisation not only impossible but actually meaningless and the importance of feasible information flows in the system. And because the economic system is evolutionary conclusions will always be bounded and conditional on particular circumstances. I must have acknowledged many times that I agree with most of Lars criticisms. My frustration is that basic theory of the sort we need will not be constructed by endlessly rehearsing the failings of current text-book orthodoxy.
In my opinion some of the building blocks of a more useful theory are to be found in the work of Herb Simon. See Models of Man, Essays in memory of Herbert A Simon ed Augier and March, MIT Press, available on kindle, for a gentle introduction. At the applied level you can do useful work with a few basic notions and a readiness to get your hands dirty with data but I agree better basic theory is highly desirable.

Me: ghholtham,

“At the level of theory we require equations of motion, if you like, based on plausible aggregation properties of plausible views of human behaviour in particular circumstances. There is no expectation that these would have a “solution” in the form of a stable equilibrium.”

Precisely. As has already been researched by Steve Keen with his Minsky software which dynamically relates the various relevant variables and flows of money. The only thing he’s failed to perceive is the concept of the new paradigm which will invert the present realities of individual monetary scarcity/systemic austerity, namely grace as in abundance and flow/free flowingness.

Once one “grocs” the new paradigm concept all they need to do is find the best way to implement and regulate it so as to prevent the other intentioned/anti-social from attempting to de-stabilize it. Its helio-centrism which resolved 99% of the emergent problems of terra-centrism and then the discovery of the ellipse which polished off the new concept.

So, the monopolistic present paradigm of Debt and Loan Only (terra-centrism) is broken up by integrating Monetary Gifting into the system, and then the rest of the edifice of the mentally thwarting, indirect and obsessive complexities of macro-economics drop back into their actual data point nature with the discovery of the strategically significant points of policy implementation, namely retail sale and note signing. Voila! We can get on with the existential problems of climate change and trying to game the second law of thermo-dynamics by off-planeting the most energy intensive means of production and colonizing the moon.

And while we’re at it we can also realize that “small is beautiful” is really just an aspect and technique for the self actualization of grace as in higher self awareness/consciousness. The better to transition to the potential zeitgeist of Arcadia from Faustian civilization.

Me: “And because the economic system is evolutionary conclusions will always be bounded and conditional on particular circumstances. I must have acknowledged many times that I agree with most of Lars criticisms. My frustration is that basic theory of the sort we need will not be constructed by endlessly rehearsing the failings of current text-book orthodoxy.”

Completely agree. But what we need is a theory of the new paradigm concept in money and finance….that will alter virtually all of the problematic economic issues people on this blog “endlessly rehearse” the failings of current text-book orthodoxy.

Economic Ontologies and Axioms

“What is the purpose of the economy?”

The purpose of production is consumption.

The point of consumption (retail sale) is the end of the entire economic process.

Once consumption occurs no valid economic agent has the right to charge the consumer additional costs.

Money has many aspects, but its most basic and important one is that it is accounting and thus must abide by the conventions of that discipline.

Monopolies are glaring contradictions in profit making systems.

For-profit finance has (idiotically) been granted a monopoly charter to do this and it exposes the fact of its economically parasitical nature, its illegitimacy as an economic agent and its de-stabilizing monopoly paradigm of Debt and Loan Only.

Monetary Gifting is the ultimate economic tool, ultimate facilitator of commerce, most ecologically aligned economic factor and most intelligent oppositional force to the tyranny of thermo-dynamics.

Tax Encouragements and Inhibitions

Those enterprises that abide by the new rules and don’t raise their prices without concrete empirical and legitimate reasons for doing so will have their new lower tax rates reduced further by 50%.

Those who don’t abide will be taxed at a rate of 100% on any revenue they may have garnered from illegitimately raising their prices, lose their rebate privileges with repeated inflations and risk public scorn and boycotting by the Department of Competition, Innovation, Boycotting and The Individual’s Bully Pulpit.

The End IS Near

Me: Economics has gone through a pluralist and empirical revolution. It’s just that THAT is not enough, and of course its just an academic phenomenon not a viral “infection” of the individual’s mind.

Economists and economic pundits are still unconscious instead of self aware, still nomadic hunters and gatherers instead of homesteading agriculturists and city dwelling artisans, still trying to resolve the perturbations of the orbit of Mars instead of inverting the positions of the earth and the sun and still factoring for-profit banking and finance and its monopolistic paradigm of Debt and Loan Only instead of opening their minds to the efficacy of Monetary Gifting with a direct and reciprocal 50% discount/rebate price and monetary policy at the point of retail sale.

In other words you’re non-activists who are failing to analyze on the paradigmatic level and hence, despite your railing against academic orthodoxies and otherwise well taken minor observations and palliative reforms, you’re virtually all stuck in erudite duncery and getting no where FAST.

Meanwhile your children or grandchildren will probably be victimized by either a monopolisitic corporatocracy or a vulgar marxism as climate change and the end of the age of petroleum falls upon them in another 20-30 years. Yes, the end IS near.

It’s the monetary and financial paradigm, stupid!!!

NR: Craig, There’s nothing like a bit of that old-time monetary ‘gifting’ a la Major Douglas, Dietrich Eckhart, Anton Drexler etc. a.k.a ‘quantitative easing’ . Just borrow & print the stuff & any body who objects is just a ‘reactionary’ And top it all off with the meringue of sanctimony. After all “A nation cannot owe itself money”. ’cause it’s just internal book-keeping’ . ‘eh fellas ? Ach, Der ewige spinner !

Me: Norman,

I thought you to be reasonably well informed until you confused quantitative easing which is nothing more than an asset swap with a paradigm changing concept like monetary gifting. Get up to date, boy. And please stop the ad hominem while you’re at it.

Despite the fact that his (very insightful) policies were not informed by a well defined concept of pattern/paradigm because he lived before Kuhn and hence did not fit them to that form of analysis, C. H. Douglas had more of an incisive and iconoclastic intellect than anyone I’ve seen posting here, virtually all of which are stuck in obsessive duality, complexity and hence the regurgitation of heterodox orthodoxies ad nauseum…when as I have repeatedly posted here the key to paradigm perception and real enlightenment is deep simplicity, that is the integrative mindset also known as Wisdom.

DT: Norman is of course quite wrong to ridicule the only justifiable role of money being accountancy, ignoring the problems of it all things to all men and differentially scaleable, but so is Craig when not accepting that what is owed, though not money, is regeneration of Nature’s resources.

Me: Dave,

“…but so is Craig when not accepting that what is owed, though not money, is regeneration of Nature’s resources.”

Your heart is right but apparently you don’t read many of my posts, as I am the only person here who has shown how monetary and financial policy can be utilized to make profit making systems align with and synergize a rapid move toward ecological sanity.

“My suggestion is that money should be valuing people, not goods.”

Well if you want to make your suggestion come true you should start a religious movement, or better still get on the bandwagon to implement monetary policies that continually dramatize and serve to self actualize the impetus behind every one of the world’s major wisdom traditions, namely grace as in love in action.

DT: But so what? I wrote “Norman is of course quite wrong to ridicule … but so is Craig when not accepting that what is owed, though not money, is regeneration of Nature’s resources”.

Here, he hasn’t shown ME how “monetary and financial policy can be utilized to make profit making systems align with … ecological sanity” or “grace as in love in action”. As I see it, profit-making is precisely NOT giving, nor is depending on it wise.

Me: Well, doing away with profit making economic systems is not only reactionary it’s also a complete non-starter politically (and everything ultimately gets down to politics, that is, if you want to live in the real world of the temporal universe)

I suggest we inhabit and operate in both the heights of wisdom and the temporal universe. And grace being the ultimate unifying of opposites concept, spiritual reality and affirmation of the Good…is precisely what is needed. That and monetary, financial and economic policies like I have posted here many, many times that align with it. Grace after all is not only high it is equally mighty and pragmatic…otherwise there wouldn’t be a book entitled Proverbs and paradigms changes would be mere theory instead of the deep pattern changing simplicities that they have historically proven to be.

DT: Craig, you characterise doing away with monetary profit-making as “reactionary”. Is it reactionary to recognise and try to correct one’s mistakes?

The point anyway is that the understanding of money has changed from it being seen as storing wealth as a valuable durable to it having become a mere number, creatable and erasable at the touch of a keypad but (quantities being always positive) liable to misrepresent directions of value flow.

Me: “Craig, you characterise doing away with monetary profit-making as “reactionary”. Is it reactionary to recognise and try to correct one’s mistakes?”

You questioned profit making, seemingly as a whole in your prior post. I took that as reactionary and too general.

I indeed have questioned and shown how for-profit finance violates the economic convention that every legitimate commercial agent obeys, namely that no one has a right to charge additional costs beyond the point of consumption, i.e. retail sale.

“The point anyway is that the understanding of money has changed from it being seen as storing wealth as a valuable durable to it having become a mere number, creatable and erasable at the touch of a keypad but (quantities being always positive) liable to misrepresent directions of value flow.”

Obsession with storing wealth easily devolves into your frequent criticism regarding the love of money. As for both value of purchasing power and applying actual human values to the economic system I’m the only one here who has shown how the new monetary and financial mega-paradigm concept of grace as in Gifting and its policies transfer seamlessly and evolutionarily into the areas of the ecology and of human ethics.

The Reason Why A Direct and Reciprocal Price and Monetary Policy At Retail Sale Is So Powerful

Because it creates purchasing power at the very point of purchase/purpose point of economics, and simultaneously and equally benefits both buyer and seller. It is thus unitary of normally temporally opposed interests.

Its place of implementation undoes a mistaken monopoly granted right and monopoly paradigm, therebye de-centralizing and democratizing purchasing power while integrating into economics not only a new paradigm concept (Monetary Gifting), but initiates and enables the rarest of all human and temporal universe phenomenon, namely a Mega-Paradigm/Zeitgeist/Evolutionary change which can result in the occurence of a trans-pattern (economics-money system, human psychology, ecology etc.) trans-prevailing mindset (The Will To Power-Knowledge to The Will To Freedom), trans-mental discipline (Science Only to Science and Wisdom), trans-level of epistemology (Ego to Self Awareness and thus Increasing Awareness of the human Reality of Ethics) and trans-cosmological perspective (the duality of a basically absurd and isolating human-centric aliveness versus dead nature to the unitary concept of a grace-consciousness based evolutionary thrust to nature and the cosmos.

That’s all.

Gracefully Flowing: The Native State of The Cosmos…and The Logical Goal of Every Human System

Dave,

Wouldn’t you agree that “the trick” is to attune the economic system so close to the natural state of the temporal universe that it acts as the temporal universe does….and is then approximately just as inexorably flowing as the temporal universe?

In other words time in the temporal/time universe inexorably flows because the temporal universe is almost utterly dynamic, interactive and integrative. Thus integrate the efficacious tool of money throughout the entire economy and at its most purposeful points (point of sale and at the point of loan signing) that it reflects the inexorable free flowing-ness of the temporal universe.

Of course there is just enough randomness in the cosmos to allow for change and circumstance, but that is what time actually is, i.e. change of position of particle in space, and regulations are just such encouragements and inhibititive-ness to guide its inexorable flow.

The key of course is to awaken to the various aspects of the definition of grace as in dynamic, interactive and integrative flow…and how that accurately reflects the native state of the temporal universe/cosmos. That way we can just apply the relevant aspects of grace to everything from spirituality to economics.

It’s the best possible PID system.

Time and Equilibrium

If economists want to create equilibrium they must consider doing so with an important enough factor that it cannot be stopped. The graceful flow of Time for all practical purposes CANNOT be stopped, but the dynamic moment can be imminently experienced if we drop our habituation to abstract clock time and let go of the distractive chatter we all “normally” walk around with.

In a monetary economy money, abundantly, directly and reciprocally distributed at a strategic and important point in time, like retail sale which is the terminal ending and resetting point of the economic/actually productive process for every consumer product, is precisely that releasing and freeing factor. All other observations, while perhaps being occasionally helpful in the human world of other intentionedness, pale to insignificance in comparison.

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

Every body of knowledge and mental discipline requires BOTH science AND an integrative mindset. Thus it becomes dynamic, interactive and inclusive of truths in seeming opposite perspectives, that is, Wisdom.

Then one needs to decipher the pinnacle concept of Wisdom, namely grace as in love in action, then pragmatically apply its (grace’s) relevant aspects to the temporal problem under discussion, like A Gift/Gifting for instance.

Then economics and the human species might actually get somewhere in the existential problems that it faces.