Facebook Post 05/29/2023

I’ve been a student of virtually all of the leading economic and monetary reformers since the Great Financial Crisis of 2008. Guys like Steve Keen, Michael Hudson, Warren Mosler and MMTers, Ellen Brown etc. They’ve all done excellent and accurate work. Their only problem is they’ve never fully “upped their game” to the conceptual/paradigmatic level of analysis. And so far as I have seen nobody but little ‘ole me has done that. They’re all systems analysts, which is fine, but the ideas/concepts/paradigms behind the systems which enforce systemic realities are the real power, and correctly changing those ideas will enable the integration and better accomplishment of all of the intentions of the above excellent reforms because a paradigm change, like every paradigm change has historically done, is a change in the nature and workability of the ENTIRE patterns under analysis…not just separate palliative reforms. What we desparately need is what R. Buckminster Fuller said, that is we need to become systems philosophers.

My ever evolving book Wisdomics-Gracenomics: The New Monetary Paradigm and Its Policies presents an entire policy program for such analysis and change.

Posted To Ann Pettifor’s Substack Newsletter 05/29/2023

Yes, Finance is the problematic institution and the paradigm concept of Debt ONLY as the sole, MONOPOLISTIC, form and vehicle for the creation and distribution of new money IS the core of the core problem for the economy and for the planet.

Beside breaking up that monopoly paradigm we need a directly distributive money system that with its new paradigm policies (think GIFTING) insures individual monetary security while simultaneously enabling and encouraging commercial agents willing to cooperate in the transformation.

We require an integration of economics and ethics fundamentally based on the natural philosophical wisdom concept of grace. A Wisdomics-Gracenomics if you will. Grace is nothing more and certainly nothing less than love in action…and as policies are the actions of systems…systemic policies. So let us align economic policy with it.

Beats hell out of the human civilization long “free” market fallacy that is actually alternately goosed and strangled financially dominating chaos.

Calling Out All Ptolemaic Economists and Rallying Both The General Public and Actually Commercial/Productive Agents

The three primary policies of the new paradigm:

  1. A 50% Discount/Rebate policy at the point of retail sale
  2. A $1000/mo. universal dividend at the age of 18 for life
  3. A 25-50% Discount/Debt Jubilee at the point of loan signing

Economists, if you haven’t tried to find the single applied concept, that is, the new monetary, financial and economic paradigm, and even if you’re the best system’s analyst and most authoritative economic reformer,…you’re a piker, because reforms never last, always get morphed back into something that ends up re-affirming the present paradigm, and genuine new paradigms and their aligned applications are what actually change things PERMANENTLY. So again, if you’re not trying to find the best applications of that specific concept, all you are is a little bird pecking at the monolithic current paradigm when that paradigm needs to be blown to bits…by the new one. Consult history. If you don’t have the guts or the brain power to think conceptually/paradigmatically let those of us who do call the shots.

Mr. and Mrs. John Q. Public and every business model other than private banking, you need to stand up on your own hind legs and finally demand and command your freedom and security….your loved one’s future depends on it. It’s either the private banks continue to rule us or we and every actually legitimate business model benefit and prosper like we’ve never done before by embracing the new paradigm. I set before you slavery or freedom. Therefore choose freedom and all of the constructive purposes and happiness it will enable for you and your posterity.

By whatever legal means possible you need to help build the mass movement to communicate the policies of the new paradigm to others and especially to our elected representatives. Live free and act for freedom…or carry the guilt your fellow man will surely know you deserve.

Re-Post of A 2015 Post (needs editing and clarifying, but hits most of the concepts)


Integrated Duality Within Trinity Which Is Unity: A Theory of Everything, and Its Economic and Monetary Application To Balance the Current Monopoly of Debt Falsely Parading Itself as a Unitary Economic and Monetary Paradigm

Formula For Theory of Everything: Integrated Duality Within Trinity Which is Unity     [(Integrated Duality) Trinity = Unity]

Current “mindset” of the monetary system:

[(Monopoly Paradigm of Debt Enjoyed By Private Finance) = Domination and Manipulation by a False Unity]

This financial monopoly also violates the dualistic economic paradigm of  competition.

The correct formula should be:

[(Private Banking X Public Banking) = Unity]

The Public Banking concept is thus elevated from merely a structurally competitive economic force to a central bank operating truly in the interests of the individual by compiling statistics to determine the correct amounts of money dispensed for a universal dividend and a retail discount and so being the agent for a balancing monetary paradigm and policy of Gifting

Finance has so obviously been the problematic business model since forever, and is so asymmetrically powerful today because of its unbalanced monopoly paradigm of Debt. You fight an idea, a paradigm effectively only with an idea/paradigm of equal (or greater) strength, and you balance a financial monopoly by implementing a structurally competitive agent in the economy like Public Banking and also as a central bank that operates in the actual interests of the individual and the other traditional business models by issuing a universal dividend and a retail discount to consumers. It’s time to “hit the streets” en masse and end the failed experiment with homo economicus enforced by the paradigm of Debt, and live up to our actual species designation, homo sapiens, wise and discerning man. Wisdom is the integrative process, Grace as in mental balance, equilibrium, flow and Gifting/forgiving is the pinnacle concept of Wisdom and synonymous with the goals of economic theory and policy . Integrating the above grace reflecting policies into modern technologically advanced economies aligns the economic and monetary systems with who and what we are and fits seamlessly within profit making systems. Paradigmatic and elite Power will bend to the right idea and policies…and the overwhelming numbers of an indignant and focused populace. Project Grace and Public Banking…and idea and movement whose time has come.

One of the great advantages and uses of the Duality Within Trinity Which is Unity formula is it reveals/exposes monopolistic thinking and the problem of intellectual mereness and fragmentation. Hence thinking along the lines of “Capitalism is the ONLY economic theory worth considering”, “Private finance is the ONLY way to create and disburse/distribute money” and “Government is ALWAYS tyrannical” are seen as the arrogant, exclusionary, fallacious and irrationally generalized statements…that they actually are.

The rules of the formula of the necessity of an integration of a genuine Duality, and the equal necessity that only the true aspects of the subject the formula is applied to and also the emphasis on the humanly sensitive/individual effects of the opposing/reflecting/balancing points of view of the Duality keeps the thinking intellectually open, honest, inclusionary, expansive, rational and most importantly ethical.

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

The “Trinity which is Unity” aspect of the formula of course is the guarantor of both a holistic point of view and the validation that all legitimate realities be considered. The concept of Trinity is not only a valid philosophical consideration it can be an experiential reality as well.

Implement Grace. Grace Is Everything, Including You.

Implement grace. Implement it by aligning and defining policy with that most pregnant and integrative concept.

If you want economic justice and stability implement grace as in monetary gifting to break up the current monopoly paradigm of Debt as in burden to repay ONLY that Finance wields to dominate, because grace is not only abundance it is the universality of abundance…and yet grace is also dynamic balance as in prudence which is a cardinal virtue personally and economically.

How can a concept be one thing and its opposite? Because grace IS the best most workable and most ethically considered integration OF OPPOSITES…even the opposites of the mental and the temporal universe. Grace and its benefits are inherent in everything…and its opposite. Grace is the cosmic/all inclusive code…of which you are an integral part.

Grace: The Concept Behind Every Paradigm Change

Grace. The concept behind the phenomenon known as paradigm change. Why do I say this? Because grace is dynamic integration of apparent opposites-duality as in unity/synthesis/trinity-thirdness greater oneness, transformation as in inversion of both temporal and personal reality, freedom/freeness as in gifting and liberation, increased consciousnesss as in ascension from mere egoistic pursuit and ethical purification as in the imbuing of self or a temporal universe system with loving actions/policies.

All of these aspects of the natural philosophical concept of grace can be historically identified in past paradigm changes and all take place in the policy program of the paradigm change in finance, the economy and the money system in my book Wisdomics-Gracenomics.

Rebuttals To “The 50% Discount/Rebate At Retail Sale Will Cause Over Consumption”

Doubling demand does not ipso facto mean a doubling of consumption, use food and underwear example

Required Investment of gifted money policy

Policy program of Wisdomics-Gracenomics will enable the off and under planeting of much of production

Mining of the moon and asteriods

Freedom, security and gratitude foment rationality and cooperation…reforms are never up to such beneficial effects

True paradigm changes enable and force adaptation of the new concept, reforms are always undermined and morphed back into a form of the old paradigm by its dominant actors

Without the macro-economic ending of inflation and the other enablements of the new paradigm you’ll never get a true “revolt of the bourgeosie” and an actual thirdness greater oneness integration of capitalism and socialism

There are paradigm changes and then there are mega-paradigm changes like the new monetary, financial and economic paradigm which are true turning points in the evolution of the species

Imagination and visualization are the primary tools of Wisdom/Paradigmatic-Conceptual analysis the set of which includes the reductive nature of scientific analysis

Grace is the pinnacle concept/experience of Wisdom, the concept behind every historical paradigm change, the actual cosmic reality and the highest potential human personal reality, thus its temporal universe application and the self actualization of its various aspects will enable its major aspect of dynamic balance, sought by both economic theorists and sought after by the world’s major Wisdom traditions, to become reality.

Wisdom isn’t Wisdom unless it is both temporal universe application and personal self actualization

Posted To Steve Keen’s Substack Podcast 05/22/2023

What I would like to know is why didn’t you come up with the policy of a 50% Discount/Rebate policy at the point of retail sale considering that you bemoan the fact that economists can get their PhD in economics without even taking a basic course in accounting, and been aware of the fact that the banks create money with equal accounting debits and credits.

Maybe its because you also are still too acculturated to the present paradigm for the creation and distribution of new money, namely Debt as in the Burden to Repay Only. Or maybe its because you’re a little too caught up in abstraction to look directly at the economic process to realize that retail sale being perhaps the single universally participated in/experienced point of that process that a 50% reduction in price there would
1) slay inflation by implementing beneficial price and asset deflation,
2) double both everyone’s purchasing power and greatly increase demand for every enterprise’s goods and services and
3) break up the private banks’ monopoly paradigm that has been the reality no matter whether it was the Palace or the Banks that wielded it….since the beginning of human civilization…
4) all in one fell swoop.