“Science is wonderful, necessary, delicious and it exists entirely within the microbiome/digestive tract of Wisdom.”

Steve Hummel 08/12/2022

Wisdom is the higher order integrative mental discipline and mindset that deciphers operant truths and solutions to problems in the most ethical and efficacious ways possible.

Steve Hummel 08/12/2022

Paradigm perception and wisdom insights/solutions are synonymous phenomena in that they are both deep resolving simplicities. The key to new paradigm perception is simplicity not complexity, not because being aware of complexity is wrong in any way, but because paradigms are deep insights into the operant factors of complexities…that change the nature and entire pattern of such complexities.

Steve Hummel 08/12/2022

It has often been said that normal people talk about other people, smarter people talk about issues and the smartest people talk about ideas. I’d add a level to this: The wisest people think about ideas and their most best most ethical ways of application.

With all of humanity’s social, psychological, political and ecological problems converging on us why are we not urgently pursuing deep and significant change? It’s time for not only change, but mega-paradigm change. When you’re behind 40 to nothing in the fourth quarter it’s time to “Go long, go deep” and that’s exactly what we must do…if we are real about where we are. Mega-paradigm change is the answer.

I’m good at one thing. Perceiving operant factors and ideas. Actually I’m a slow learner, but my secret has always been a willingness to never stop learning.

The idea I finally cognited on was the natural philosophical concept of grace. Grace as in love in personal action and/or systemic policy is the most integrative of opposites concept and ecstatic experience humans can have. It is also the concept behind every historical paradigm change because the realities created by every paradigm change have always been an aspect or aspects of the concept of grace. For instance, increased consciousness/awareness/knowingness, increased abundance, increased knowledge of temporal universe reality, increased likelihood of survival, increased faith as in confidence, hope and love and hence increased joy and appreciation of life and livingness etc. etc. etc.

Wisdom is the ultimate mental tool and integrative of opposite truths discipline, and paradigm changes are the ultimate integrative of opposites mental and temporal universe phenomenon. Wisdom is the art and practice of perceiving and applying deep simplicities, and paradigm changes are deep simplicities in that they are single pungent and operant concepts…that applied efficaciously, change the nature of entire temporal universe complexities.

The concept of a mega-paradigm change is defined as a paradigm change that is immediately, continuously and universally individually experienced, and has many spill over beneficial effects into bodies of knowledge, human systems and/or areas of human endeavor other than the primary pattern of the paradigm change.

The new monetary and financial paradigm is one of only two or perhaps three mega-paradigm changes in the entire history of the human species.

For instance the 50% Discount/Rebate policy makes it much more difficult for anti-social commercial agents to try to de-stabilize the new monetary paradigm by inflating their prices. If a greedy CEO says, “Oh wow, there’s now potentially double the demand for my product, I think I’ll raise my prices by 25%”, but if only one of his competitors says, “No, I’m going to compete on price and maybe even lower my price a little” …just how much market share is the cooperative CEO going to take from the anti-social one?

Of course there will also be regulatory tax incentives to abide by the rules of the new paradigm and tax disincentives for not doing so as this is simply recognizing that its not an entirely ethical world we live in, but the point is that major/paradigmatic changes solve problems and make further problem solving easier by changing the operant/most important problematic aspects of a current paradigm.

That’s what the dialectic is afterall. It’s not just conflict between thesis and anti-thesis forever and always for specific problems and particularly for new paradigms/paradigm changes which are the quinessential integrative phenomenon.

Wisdom has always been “the third way”, the integrative thirdness greater oneness of only the truths, the highest workabilities, most relevant applicabilities and highest ethical considerations of a seeming unresolvable duality/problem.

Learning to think in terms of trinities, unities, onenesses and processes aligns with the natural philosophical concept of grace because these are all aspects of grace, and also are perfectly applicable to and descriptive of temporal universe reality.

The truth is private for profit money creation is not a legitimate business model at all. Why? Because loans/money creation is always a very costly occurence pre-production (as in business start ups and business expansion) or post retail sale (as in mortgages, auto loans and other big ticket items). Thus it exposes private for profit money creation as a wholly exterior parasite on the actually productive process. Investment banks that only utilize already created money/savings and other such financial services are legitimate business models.

Money creation needs to become a public utility guided by the most beneficial and ethical concept humanity has ever self actualized, namely the natural philosophical concept of grace, not grace as in some religious, sectarian orthodoxy, but grace as in as in love in action/systemic policy.

The way to herd the political apparatus toward economic abundance and ecological sanity is to communicate the incredible benefits of the new monetary paradigm of Direct and Reciprocal Monetary Gifting most specifically a 50% Discount at retail sale all of which discount is Rebated back to the enterprise granting it to the consumer so that they can be made whole on their overheads and profit margins. This single policy has the following empirical/mathematical effects: 1) ends inflation forever for every individual agent by implementing BENEFICIAL price and asset DEFLATION into profit making economic systems. “Holy orthodoxy exploding and temporal universe reality inverting occurence. That’s a paradigm change all by itself. 2) Thus it ends any argument for fiscal austerity enabling running the kind of fiscal deficits necessary to confront climate change. 3) It immediately doubles every individuals purchasing power so if you’re making $20/hr. you can now purchase at a rate of $40/hr or maintain your present lifestyle and save/invest at a rate of $20/hr. 4) It potentially doubles demand for vitually every enterprise’s goods and services integrating the self interests of enterprise with their consumers. 5) It consequently isolates Finance from every other legitimate business model making it a huge economic and politically powerful issue. Finally, and most importantly it breaks up private banks’ monopolistic paradigm of Debt Only as the sole form and vehicle for the creation and distribution of money.

I’m all for MMT, UBI, etc. etc. They’re all very good reforms, but why not deal effectively and terminatedly with the truly operant factor in the economic system, namely the current monetary paradigm???

Because Its Economic Wisdom, because it is the very expression of the natural philosophical concept of grace…in the economic system.

Ok, what is Wisdom? Wisdom is the integrative mental process itself, and so the means of garnering wisdom on any discipline, science or situation. Thoroughly integrate what are seemingly unresolvable opposites into a thirdness greater oneness and you have accomplished a wisdom insight. A wisdom insight is the realization of an operant factor and where, how and when it resolves a problematic duality. Wisdom insights are deep simplicities because they resolve problematic dualities. And that’s why my books title begins with the word Wisdomics, because it is about economic wisdom, economic integration of problematic dualities.

New paradigms/paradigm concepts are the quintessential integrative phenomena because they always resolve problematic dualities and point the way toward thirdnesses greater onenesses. That, by definition, also makes them wisdom insights.

Okay, what is the natural philosophical concept of grace? It is the most integrative concept/experience that homo sapiens can have. The definition of grace is: love in action, toward oneself, toward others, in human systems and (if you’re going to be wise and thoroughgoing about it) in your conscious perception of everything in every moment of one’s life.

Grace/graciousness is the concept/experience behind every human progressive moment including moments of paradigm change/mega-paradigm change. This is because grace is the natural state of…the cosmos. Yes, it’s that panglossian…except it’s also trinitarian, that is it includes all opposites (and your unconscious or conscious ability to choose them) entirely integrated to the point of thirdness greater oneness. The natural state of the temporal universe is grace and your nascent ability to experience each moment of it and whatever is momentarily in it, is what has always been known as the ecstatic experience of god.

Mega-paradigm changes, of which there have probably only been two previous occurences, are direct, universally experienced and continuous expressions of grace/graciousness that not only effect paradigm change in a specific system, body of knowledge and/or area of human endeavor, but they also have beneficial “knock on” effects in other such areas that are apparently unrelated.

The above is why I used the term Gracenomics in the title of my book. Because it is the way to implement a direct, universally experienced and continuous expression of an aspect of the natural philosophical concept of grace (Monetary Gifting) in the economy.

In other words because it is potentially the next mega-paradigm change in human history.

Eco-bonds at attractive rates (5+%) used to confront climate change.

Incentives to create generalized organic gardening and discourage lawn watering.

High percentage debt jubilees for eco-rational big ticket items.

Create Department of Eco-Rational Policy Actions.

Create staging areas insuring decent/dignity levels of lifestyle on both sides of national borders in order to humanely prepare for climate refugees.

Vastly increase research on programatic ways to slow/reverse climate change.

Consciously cultivate ways to increase the self actualization of grace as in love in action.

Study the history of the non-sectarian natural philosophical concept of grace as in love in action and its various aspects being the core concept underlying all paradigm changes and human increased survival.

Me: Love this analysis Ann. It’s another (and even deeper and more hidden systemic) layer examining money and financialization that all of the other leading economic reform movements like MMT, Keen’s Minsky’s Financial Instability Hypothesis, Hudson’s financial parasitism, UBI/Positive Money and Ellen Brown’s Public Banking revolve around.

It’s becoming ever more clear that the money system and its current paradigm of Debt Only as the sole monopolistic form and vehicle for the creation and distribtion of money, and its shadowed, increasingly abstract, unregulated and crazy financialized derivative products ARE the problem.

So how do we change the current paradigm and its non-survival effects? I would say find a way that isolates finance and yet benefits all other economic agents individual and commercial. A “third way” that integrates the self interests of traditionally opposed economic and political perspectives, could lead to the rational empowerment of governments and that could super charge the kind of ecological sanity we’ve failed to generate for the last 50 years.

AP: Thanks Steve…tell more about ‘isolating finance’..

Me: You’re welcome Ann. There is an entire policy program that will regulate and stabilize the new monetary paradigm that is necessary, but the single most important thing we could do is implement a 50% Discount/Rebate policy at the point of retail sale where retailers give consumers a 50% discount on virtually every consumer product from a package of chewing gum to an automobile or a house. The monetary authority whether the FED/Bank of England or some other authority mandated to do so, would then rebate the entirety of that discount back to the retailer making them whole on their overheads and margins of profit. All the retailer would need to do is open a T-account labeled Sales Discounts and the monetary authority would debit or credit (whichever is the opposite of the normal balance) the retailer’s books. What does this single policy do? It breaks up Finance’s monopolistic paradigm for the creation and distribution of money, namely Debt Only with Direct (to the consumer) and Reciprocally (back to the enterprise) Monetary Gifting. The obvious, immediate and continuous benefits to individual agents (a 100% increase in their purchasing power because they can now buy $100 worth of goods for $50 and hence save $50 they would otherwise have to spend) and commercial and retail agents a potential doubling of demand for their goods and services. When was the last time a single policy doubled purchasing power without harming enterprise? Short answer never. The policy integrates the normally contentious self interests of business and the consumer, and in such a beneficial way that what retailer could resist opting into the policy because if you don’t you have to get 100% of your price from the consumer while your competitor who does opt in only needs to get 50% of their price. It’s “an offer enterprise cannot refuse”. Likewise the consumer also could not resist going to whatever retailer was gifting them 50% of the price of virtually everything. And who would oppose these wild benefits? Why Finance of course because they are not in the market of Gifting money…ONLY creating it as Debt. So the policy exposes Finance’s monopoly paradigm to create money only as debt and the beneficial effects of the policy isolates them from virtually all other economic agents individual and commercial.

The policy also ends inflation forever by implementing BENEFICIAL price and asset DEFLATION. Holy orthodoxy exploding temporal universe and mental inversion of reality! Phenomenon of which is the cardinal signature of a genuine paradigm change.

As I said there is an entire regulatory program and set of tax incentives and disincentives that accompany the main policy of the 50% Discount/Rebate policy so as to stabilize and protect the new paradigm.

Me: Finance/Money is where the real problem in economics exists. We live in Finance capitalism after all. As the senator from Illinois has put it regarding the senate: “Finance owns the joint.” The truth is private money creation is not a legitimate economic business model. Why? Because profit making money creation adds cost and is always either pre-production (like for business loans) or post retail sale (as in a mortgage). Thus it is exposed as a wholly exterior and costly parasite on the actual and legitimate economic/productive process.

It is stupid and an ignoring of Lord Acton’s dictum that power corrupts and absolute power corrupts absolutely to grant Private Finance the virtual monopoly power to create the life’s blood factor for every individual and every enterprise, namely money. But it is even more stupid to allow them to virtually monopolize the paradigm/pattern of money, that is create it ONLY as Debt.

Two of the signatures of accomplished paradigm change are complete conceptual opposition and inversion of temporal universe reality. For instance, the the paradigm change from Nomadic Hunting and Gathering For Food was Agriculture, Homesteading and Urbanization. Likewise, the Copernican Cosmological paradigm change was nothing more and certainly nothing less than the inversion of the positions of the earth and the sun in other words from geo-centrism to helio-centrism. Again, conceptual opposition and inversion of temporal universe reality. Hence, the present problematic monetary and financial paradigm is Direct and Reciprocal (as in accounting debits and credits) Debt Only, and the new paradigm is Direct and Reciprocal Monetary Gifting…and the policy of a direct to the consumer 50% Discount at retail sale and a reciprocal rebate of the total of that discount back to the retailer granting it to the consumer not only fulfills the signatures of complete conceptual opposition (Debt as in Burden to repay to Gifting) and inversion of temporal universe reality (from chronic erosive inflation to beneficial price and asset deflation) but is the very expression of the new paradigm itself.

Finally, the keys to perceiving paradigm concepts are integrative of opposites thinking, simplicity not complexity and problem resolution not problem discovery and discription. This is because paradigm changes are the quintessential integrative phenomena. That is they are single operant factor concepts that resolve the problems and thus alter an entire pattern of a complexity. In other words an integration of the opposites of single/simple and complex and a change of emphasis from problem discovery to problem solution usually in a way that is integrative of the particles of truth in otherwise considered present opposite orthodoxies.