Quantum physics is an expression of consciousness, and the temporal universe and our experience of it is simply a lot more space, time and some randomness tossed in for us to experience and, for the sake of purpose, to puzzle over and enjoy.

Steve Hummel 12/15/2018

25% discount/rebate for everyday consumer items and services (making the $1500/mo dividend capable of purchasing approximately $2000/mo) + whatever may be determined to be the monthly inflation rate despite new policy cost savings, tax incentives and discouragements. Also, non-retail businesses may utilize discount in its retail consumer purchases but should pass on those cost savings in its final products…unless of course it doesn’t mind losing market share due to price competition.

$1500/mo. universal dividend with 25% discount/rebate policy = $48,000/yr guarantee for a two adult household. Therefore two adult household income with dividend and two $25,000/yr jobs = $66,650 + $48,000 = $114,650 potential purchasing power/yr.

50% discount/rebate at both retail sale and at note signing for homes, autos, furniture, green related purchases etc.

Private money creation ends, non-profit 0% interest national banking system and central monetary authority begin

Same taxation and regulation policies as before

Create Department of Innovation and Competition

….you can only enable it or create it.  Therefore, the idea that Wisdomics-Gracenomics is utopian is false. A utopia is an hierarchically imposed one size fits all “solution”. Wisdomics-Gracenomics enables and creates the possibility for individuals and commercial agents….to create their own ideal scene/utopia.  It’s an important distinction to realize.

Macro-economics is a very recent body of knowledge born into a 5000 year old monetary and financial paradigm….that it swallowed whole. Hence it has fallen into both obsessive orthodoxy and iconoclasm which is the perfect prescription for obsessive theoretical contention and confusion leading eventually to systemic collapse and political and social disintegration.

Discover the new paradigm and theorizing is a straight forward rational, policy and philosophical process.

Steve Hummel 12/13/2018

Of course not, because power corrupts, absolute power corrupts absolutely and a herd of elite financial insitutions can never be effectively regulated.

It takes a new monetary, financial and economic paradigm of Direct and Reciprocal Monetary Gifting to break up and replace finance’s monopolistic paradigm of Debt Only for the sole form and vehicle for new money creation and distribution, and to bring sanity and humanity to modern economies.

If industries like insurance, real estate and stock and commodities exchanges do not want to abide by the economic virtues of thrift and competition, then I’m sure new start ups in those parts of the economy will force them to do so.

A society and its systems that truly serve mankind as created by the philosophy and policies of Wisdomics-Gracenomics is obviously superior to one that instead makes mankind slavishly serve those systems via domination and manipulation. Combine that with the fact that such a system actually reduces commercial agent’s costs and vastly increases the ability for consumers to purchase their goods and services, and how can any enterprise claim the “right” to destabilize that system out of sheer greed?

Little sermonette, if you will allow me.

Graciousness disarms all but the most corrupt or crazed individuals, being love expressed it is the highest and most effective ethic one can aspire to, and practiced long enough becomes authentic, powerful and personally protective as well so it is actually the most positive, rational and intelligent path forward.

And this is my wish for you: that you be gracious toward each other. Graciousness edifies and frees. Let graciousness be your guide.

There is no escaping adventure or misadventure, joy or drudgery in Life. The only way is to embrace them both by self actualizing the integrative aspects of the natural philosophical concept and experience of grace.

The beatific chains of wisdom’s pinnacle ethic paradoxically sets one free.

Steve Hummel 12/12/2018

Me:  The whole problem for the EU can be boiled down to the fact that you cannot have an international economic, financial and monetary confederation unless the separate nations involved can have stable separate economies. And that’s why the paradigm changing policies, regulations and structural changes of Wisdomics-Gracenomics are the answer not only for the EU, but every other modern economy as well.

Wisdomics-Gracenomics is the synthesis of capitalism and socialism AKA the profit making system of Direct and Reciprocal Monetary Distributism. Synthesis/Integration of the truths in apparent opposites is wisdom, and the natural philosophical concept of grace which is characterized as a dynamic, interactive, integrative ongoing process is wisdom’s pinnacle application.

The pot is beginning to boil over and the wheels are falling off in the EU, and it will only get worse unless we implement the policies of Wisdomics-Gracenomics which will IMMEDIATELY change individual income/business revenue scarcity and systemic austerity into abundance, check the frustrations that all agents have built up for almost forty years, expose the conspiracy theorists, zenophobes, white supremicists and fascist malcontents as the idiot extremists they are and enable us all to take the deep breath necessary to step back from a lemming like rush over the cliff to civilizational collapse.

DT:  I agree with your first statement. The problem is, the financial powers that be don’t want confederation, they want global union, superficially divided up so they can rule it.

Me:  Exactly. That’s why we must end their dominant and monopolistic paradigm of Debt Only by integrating the new one of Direct and Reciprocal Monetary Gifting into the economy and money system. That doesn’t mean there won’t be loans anymore, just that Gifting will become primary and resolving of the chronic problems that afflict the current system/paradigm.

DT: Craig, I can’t tell whether I agree with you when I’m not sure what you are saying: it is as if I am hearing English in which the key terms are (as the joke has it) “all Greek to me”. Let’s try the other way round and see if you agree with my reading of what I think you are saying.

“Paradigms (mostly unconscious) rule individual minds and their systems”. Yes. Like rose coloured or dark-coloured spectacles one tends to forget one is wearing? Isn’t Kuhn, though, suggesting a concrete example of a way of seeing and doing things that by force of habit has subconsciously become “normal”?

So you then have proft from “the paradigm of Debt Only” and “the new paradigm of Direct and Reciprocal Monetary Gifting”. From “Debt Only” I can’t tell whether your you are thinking of a bank balance in a communal system (which may or may not be false), or a farmer who has had to borrow seed corn from his neighbour and is indebted to him personally whether or not he is able to repay it (with or without adding a “thank you” or hire fee). I suspect most people these days see the banking system as a person lending seed corn, not as an organisation out to “make money” by hiring out emply promises.

So is your “new paradigm” not still that old paradigm, but with good neighbours Directly Gifting the seedcorn and our gratefully Reciprocating when our neighbour is in need? Quite right, too, but this paradigm still doesn’t make us aware of today’s reality in which corporations (non-existent legal “persons”) are hiring out misleading empty promises,” so what will change?

Me: Dave,

Your question to me basically expresses the difference between the “loanable funds” hypothesis and the endogenous money one, the latter of which has been established by heterodox economists as the actual reality today. Unfortunately neither loanable funds nor endogenous money gets us to a solution to the fact that the rate of flow of total costs and so prices exceeds the rate of flow of total individual incomes as C. H. Douglas discovered or that we’re caught between a rock (continuous debt build up) and the hard place (of recession)….if the system doesn’t continuously borrow, as Steve Keen has re-discovered.

The new paradigm of Direct and Reciprocal Monetary Gifting cuts the above Gordian Knot by finding the specific point in time and the economic process (retail sale) where a simple but elegant reciprocal monetary policy is able to resolve the four deepest problems of modern economies:
1) systemic austerity
2) Individual income scarcity
3) chronic inflation and
4) autocratic financial control into

1) and 2) systemic and individual monetary abundance
3) price deflation painlessly and beneficially integrated into profit making systems and
4) a publicly administered financial system whose benevolence enables competitive commercial agents to thrive by gifting sufficient amounts of purchasing power into “the many hands of individuals.”

Ken,

Yes, mental/systemic integration of apparent opposites is the process of wisdom/insight itself. Eastern and western monastic cultures are probably better models of what I’d like to see modern societies evolve toward. It would be a process of course, but I see no reason why such could not become reality. That doesn’t mean that we all will have to go live in a monastery and commit to vows of silence and such, but, guided by the natural philosophical concept of grace, we can obviously become a much more contemplative, less distracted from distraction by distraction and alienated society.

As far as the word/philosophical concept of grace is concerned I use the western word but It’s actually meant as an eclectic referral to the experience pointed at by each of the world’s wisdom traditions. I could substitute it with samadhi, satori-kensho, atonement, the Sufi concept of The Friend etc. I’m not trying to enforce or invalidate religion by using it, simply pointing at these pinnacle wisdom tradition experiences themselves and encouraging people to become aware of them, contemplate/self actualize them and apply their various aspects in relevant ways to every area of life.

“Thirdness greater oneness” is the result of wisdom’s integrative process, namely grace/graciousness/higher consciousness. It can also be called a trinity-unity-oneness-process an example of which is the Hegelian dialectic of thesis, antithesis, synthesis. The trinity-unity-process if looked for is replete throughout nature, mathematics, syntax and human experience. For instance, every experience by everyone is a trinity-unity-oneness process of one’s consciousness itself, the experience and reaction to it. I call it the Cosmic Code of Wisdom and Full Consciousness and express it formulaic-ly as:

[ (A x Z) —> G/C ]

and expressed in words as: an integrated duality (often conceptually and/or experientially oppositional) within an integrative trinity-unity-oneness-process.

Mathematically it is characterized by the Fibonacci Sequence.

[ (1 + 2) —> 3 ], [ (2 + 3) —> 5 ] ….etc.

Syntax wise it’s [ (subject x predicate) —> period ]

It is my contention that the modern world is caught in egoistic duality and requires not only an economic, financial and monetary paradigm change, but a new trinitarian mindset and integrative ethic based on the natural philosophical concept of grace. The perfect example of this economically is the habitual contention between thesis/capitalism and antithesis/socialism which needs to become the synthesis/profit making system of Direct and Reciprocal Monetary Distributism.

KZ:  Craig, thanks for this detailed overview. It helps a great deal. I still see what you propose as a long shot. I constantly see for example the two opposite faces of American exceptionalism. The one egalitarian but obsessively individualistic. Americans permit no interference in living their lives as each pleases. The second, unequal but lifted by the close relationships in the groups and the fulfillment one feels in meeting one duties and obligations as an American. In the second, what you propose might be welcomed, but not in the first.

Me: Thanks Ken.

DT:  As a European rather than a North American I think it time to protest this discussion has got off course from discussion of the Euro crisis and [I agreed] the need for parallel currencies. Centralised banking and usury have remained hidden behind tax arguments and MMT, while Ken and Craig, since Craig’s question on Dec 5 at 8:52 pm, “Why does austerity appear to be so necessary to neo-liberal economists?”

Craig rightly wants to get below the particular, but continues to wallow in waters where (knowing them better) I caught a fish. He’s looking at numbers, I’m looking at numbers representing the degress of freedom (or inversely, control) in initially empty space, which include the possibility of evolving beyond it, like shifting from units to tens in decimals. Is that what he means by an “integrative trinity-unity-oneness-process”? Does he mean quaternary number representation? Clearly I disagree with his algebraic formulations, the operations in which he has not defined. His Fibonacci claim looks to me like bluster. I see the (1 + 2) fragment as (1) things, mapped or locatible as points in minimally 2-dimensional space, and (2) processes, representable graphically as points moving along lines.

Me:  My posts on this thread show a better and more thorough way to actually progress than the proposal originally posited, for the EU, the US and any other modern economy…..not a distraction from the issue.

As difficult as it is for economic and monetary theorists to think beyond habitual dualisms and even consider third more integratively whole alternatives, it’s undoubtedly a mistake to try to also get them to integrate their thinking to a higher and broader level. My response to Ken was simply trying to address his questions to me.

Despite this, I soldier on 🙂 and will say that the lesson that the Fibonacci sequence teaches us is that its trinity-unity-oneness-process (everything within [….] ) is reflective of the infinitude of the cosmos (A X Z) and the possible phenomena that the existential reality of self awareness/consciousness ( G/C ) can integratively and unifyingly experience and understand.