Wisdom being the integration of both deductive and inductive reasoning, and the pinnacle concept of wisdom being grace as in flow/free flowingness it might behoove economists to consider learning how to garner and use both to craft policy out of the complexity. In fact such policies might be used to create a dynamic linearity where complexity currently exists primarily to obscure and maintain monopolistic dominance.

A universal dividend is the expression of economic democracy and a 50% discount/rebate policy implemented at the point of sale throughout the entire economic/productive process including retail sale which is the terminal expression point for any and all forms of inflation and so linearizes painless and beneficial price deflation. The rebate makes everyone whole on their overheads and profit margins and doubles everyone’s potential purchasing power. You want the return of a healthy middle class….consider it.

Just sayin’….

The thoughtful and integrative answer….is always the best and correct one….because integration of the truths in opposite perspectives is the very process of Wisdom. When in doubt integrate….and keep on integrating. Trump has either forgotten this or never learned it in the first place and so he can only use obsessive contention and demagoguery to keep the otherwise well intentioned people of his base loyal to him via a kind of cult of personality we have seen historically in places like Nazi Germany, Communist Russia and Maoist China. Such DOES NOT belong here in the US.

Me:  Changing the curriculum is fine, but if we’d focus on developing new paradigm/pattern perception by attending to the history and signatures of paradigm changes, then changing it would become a straightforward logical process…because all you’d need to do is align policies and structures with the new single concept of the pattern….and then we wouldn’t have to endure another decade or 5000 years to actually “get somewhere”.

Humanity has become so enamored of and stuck in Science Only for the paradigm of inquiry that they have lost track of the paradigm of Wisdom which includes science, which enables one to discern clearly within complexity like good open minded science aspires to and of the fact that every scientific break through/paradigmatic change is an integration of the scientific method and an aspect of human consciousness via its tool of wisdom.

Stop looking through the wrong end of the telescope and carry on.

DT:  Would that life were so simple, Craig! In order to focus on the pattern of paradigm change we have to articulate it so it can be seen, which is what my crossed diamond diagram is all about. But even with that, though on paper all we have to is redesign policies, in reality every person begins by knowing nothing, and it has to be communicated to him in face of noise from others who have not yet seen it, or are still so committed to the old paradigm that they are unable to see it.

Me:  The singular concept aspect of a new paradigm is exceedingly simple, the way it fits into the aligned temporal structures of the economy and transforms the entire pattern is the thing that is somewhat more complicated and completes and confirms the single concept’s qualification as a new paradigm.

There are additional policies, aspects and changes with my Wisdomics-Gracenomics, but the two policies I continually reference here actually accomplish the paradigm change all by themselves because they resolve the two most basic problematic conditions of modern economies, chronic inflation and systemic austerity/scarcity of individual income.

You’re quite right that people “have to see it” which is why we need to create a grass roots movement to show/play out the temporal universe effects of these two policies at which time they can see that it immediately ends poverty, makes everyone with even a part time job a member of the upper middle class and has many other beneficial economic, political, social and psychological effects.

It’s easy for me because I’ve always had an integrative perspective, and have studied paradigms, wisdom traditions and economics from the best for the last 10 years which has enabled what I refer to as paradigm perception which is really just an adjunct temporal ability of the consciousness raising and self actualizing tool known as wisdom.

Me: Tweaking like the reforms that came out of the great depression leave virtually no more room for changes….without considering the new paradigm of Direct and Reciprocal Monetary Gifting…so why would we expect any changes when Finance’s monopoly powers must yield if the new paradigm is to implemented and economists are still stuck in the paradigm of Debt Only for the form and vehicle for the distribution of income? Economists have been ruminating over the problems of the current paradigm when mentally stepping out of the old paradigm is what is required. Einstein said this, R. Buckminster Fuller said this, Thomas Aquinas said this, Aristarchus of Samos/Copernicus said this…but economists don’t seem to get the point. They’re stuck. They NEED to get unstuck.

KZ:  There is one and only one way to create an understanding of the associations that make up the life of any group of Sapiens, large or small. That way is direct observation. And even this way is filled with pitfalls. The observations can be poorly performed. The observer(s) can fail to be diligent. What’s observed can be misunderstood or lied about by those being observed. Observers can be hostile to the subjects of observation. And many others. If done with care and honesty, however, observations will provide not only a representation of the group’s actions but also of what they mean for the group and how the group explains the actions. In terms of this way theories from the observer(s) are irrelevant. The only theories reported and examined should be those of the observed. In the physical sciences observer theories are important, but not so in the social sciences where it’s the observed’s associations we’re seeking to describe and understand. Too many social scientists, including economists operate with the reverse understanding of their job. Which, of course reduces most of their work to parody and triviality.

Me:  Very true. Ultimately how accurate theorist’s assessment is, most often depends upon what the hierarchy of their values is and their willingness and ability to consider and mine truth from apparent opposites.

Mankind is dominated and manipulated by ruling paradigms it has in some intances carried around in its head since the inception of civilization. For instance technology has been trying to lift the so called curse of Adam in the form of the paradigm of Employment Only For the Distribution and Vehicle of Income…and finance whether private or public has been happy to snatch the increase away via its paradigm of Debt Only for the same.

…very little changes…except the character of your entire life. It depends on the area of one’s life and how time consuming and significant it is to you in your everyday life. We are in the midst of the paradigm change from analogue to digital information which is major, but the last time we had an even larger paradigm change was from Hunting and Gathering to Homesteading and Agriculture. With the change from Debt Only to Direct and Reciprocal Monetary Gifting we’ll have the same depth of change.  But what will change other than the system going from monetary austerity to abundance and every economic agent going from individual income scarcity to abundance as well? Here’s a short list off the top of my head:

1. Finance’s monopoly money creating power will end
2. Prices will be cut in half and consequently everyone’s potential purchasing power will increase by 100%
3. Additionally, with a $1000/mo dividend,  everyone 18 and older will have $24,000/yr guaranteed and every two person head of household will have $48,000/yr thus immediately ending poverty, and with even part time jobs making say $20,000/yr for each they thus have a total potential purchasing power of  $128,000/yr

So again, almost nothing structurally will change, at least immediately, but the character of your entire economic and monetary life…is transformed.

Now the soon to occur “knock on” effects will undoubtedly be transformative as well so far as the elimination of redundant transfer taxation because who needs to pay for welfare, unemployment insurance etc. etc. when everyone makes $24k/yr and if they have part time jobs they’re upper middle class? Likewise with Monetary Gifting becoming the new paradigm large cuts in income taxes for both individuals and enterprise will be possible because the federal government could simply gift governments on the fereral and state levels. (Perhaps lower levels of government could be folded into the state level as well, or they could chose to levy taxes [or not] to suit their own goals and purposes.)

Of course an intelligent program to help guide people constructively and healthily into monetary abundance and leisure would be necessary. A cooperative effort by the clergy, helping professions and the government with public service announcements akin to those which helped lower smoking rates would be a good start toward making people more aware of the miriade possibilities for positive and constructive purposes in addition to or other than employment.

A form of service akin to the Peace Corps would also be an extremely constructive and important manifestation. What if a percentage of the budget and fixed resources of the military (or an increase of them) could be used for modernizing our own infrastructure and that of third world nations?  Duty is an extremely high concept, especially when tied to constructive purposes, and could bloom into world changing positive effects. And of course as other nations saw our example they would be foolish not to copy it and choose to create abundance over lingering in scarcity.

Re-fitting production and structural construction to cutting edge ecologically clean and sustainable levels?

Again, lots of other creative and constructive changes would undoubtedly also take place on a non-profit basis, and with the end of the monopolistic parasitism, domination and manipulation of the money creating power transferred to a publicly administered system precisely and consciously aligned with the concept of grace as in benevolent gifting profit making entreprenuerialism will also flourish.

Hyperinflation never occurs without the convergence of several disasterous economic, financial and political circumstances, however, regular garden variety inflation will always occur in modern economies if money is continually pumped into them, and hurtful but less than hyperinflationary rates will occur unless a beneficial alternative is intelligently presented. This doesn’t invalidate MMT money mechanics, but it will enable regressive forces to “rag on” about relatively high inflation and try to reverse the additional money necessary to keep the economy out of recession.

The problem with the terminally orthodox neo-liberals is they think the economy tends toward equilibrium and the problem with all heterodox theorists is they think the economy tends a little bit toward disequilibrium. The fact is the economy is actually in a continual state of alternately raped and smothered financial chaos because it is bounded neither on the lower end by costs nor the upper end by price. Money itself is not the operant cause of “monetary” inflation hence it is a misnomer. The actual deepest cause of inflation is the complete lack of any actual regulatory means of preventing commercial decision makers from raising their prices, especially in an austere system with a chronic shortage of aggregate demand. Put this together with the actual chaotic nature of the economy and you’ve got a seemingly unresolvable problem.

That’s where the paradigm changing alternative of painless and beneficial integration of price deflation into profit making systems comes in with the dual policies of a universal dividend and a 50% discount/rebate policy at the point of sale throughout the entire length and at the terminal ending point of the legitimate economic/productive process at retail sale.

I know the idea of a UBI or universal dividend seems to be anathema to you Bill, but Employment Only as the paradigm of income has never been adequate and will be increasingly less so as time goes on. And if anyone is having trouble finding purpose without putting in their 40hrs/wk a job guarantee fits snugly within the new paradigm of Direct and Reciprocal Monetary Gifting.

….of the terminal expression point of any and all forms of inflation, you’ve opened the door to the new paradigm and are able to pour virtually as much money and direct income to the individual into the economy that you can transform its monetary scarcity/austerity reality into abundance…..for all.

DR:  Habermas’s view is that society has been reoriented away from the concept of labor toward that of communication, which requires a different way of “linking up with the utopian tradition.” The alternative approach would be to rethink the concept of labor in terms of class and analyze the ways in which the forces of capital that were supposed to be regulated and contained by the social welfare state were left with both the interest and means to undo those regulations. And it’s the center that put itself in the position of responding to and representing the progressive dismantling of the economic side of the social welfare state—in deregulating finance, pursuing globalization, and helping to unleash new digital technologies. The result was, not surprisingly, the growth of obscene levels of inequality, increasing precariousness for large parts of the working-class, and finally the crisis that broke out in 2008, which has led not only to economic but also political breakdown.

However, as Shenker correctly observes, “the breakdown of any political order can be both emancipatory and revanchist.” And it now falls to the Left to reharness and reinvigorate the utopian impulses and energies that the center has squandered in order to chart a path forward.

Me:  His analysis is good, the way forward and upward isn’t quite as well understood. Progressives need to consult the dialectic Marx cobbed from Hegel, and conservatives need to FINALLY get past Smith’s invisible hand. Both perspectives are ideologies looking for justification. The way forward is a true thirdness greater oneness integration of the truths, workabilities, relevant and emerging factors/applicabilities and the highest ethical considerations of the two persectives.

Much of the research and theorizing for this synthesis/integration has already been done by the likes of Steve Keen, Michael Hudson and others, now all it really needs is perception of the new paradigm of Direct and Reciprocal Monetary Gifting as the singular concept that describes and fits within the new pattern and a nice theoretical handle like Wisdomics-Gracenomics to more clearly identify and indicate what is actually needed to make the thirdness greater oneness a more conscious understanding.

In this way we can re-energize the Utopian thrust while inverting its generally perceived and actual top down orientation into freeing the many hands of individuals….to create what they consider to be their ideal scene/own utopia.

After all, inversion is a signature of paradigm change.

DT:  Smith’s hands being invisible, he didn’t notice that we have two hands, the two sides of our brain (one predominantly for sound and the other for vision) tending to use them differently. Craig using words transparently hasn’t noticed their lack of direct inversion (such as one gets in the positive and negative of a photograph). Words need to be supplied with content.

Me:  Quite the contrary Dave my concept of the cosmic code recognizes Duality as a reality and trinity-unity as the result of their integration…much like our vision is a unitary integration of the left and right eyes. All realities are real, it’s just that some are more complete. And so far as content is concerned the cosmic code being a TOE and the expression of virtually everything….if one trains oneself to perceive it…is also the very expression of content.