Because it is monetary policy linked to the point where consumer price inflation is expressed….and because systemically there is such a chronic and incredibly large scarcity of individual income free to purchase anything that even with a doubling of it with the discount policy and giving individuals another $1000/mo. with the dividend, while it guarantees an approximation of a middle class lifestyle….still means you have to borrow to buy big ticket items.

And that ought to be sufficient proof that the system as presently comprised…obviously creates a much greater rate of flow of total costs than it simultaneously creates a rate of flow of individual incomes.

Every Past Civilization That Didn’t Crumble When It Had A Debt Crisis: Utilized a debt jubilee, i.e. a gift of money in order to momentarily avoid collapse

Keen: “a modern debt jubilee”, a one off policy of Monetary Gifting

MMT:  Sovereign governments can create money, not debt, and distribute/gift  it into the economy.

UBI:  A gift of money albeit generally via re-distributive taxation which makes it something other than an actual gift.

Social Crediters: They’ve held forth for Monetary Gifting for almost 100 years, but never advocated policy that would fully express and guarantee its implementation, mostly because they were hampered by the orthodoxy of DSGE. In fact they never made the paradigmatic connection which is proof that you can look at the truth and still never fully comprehend its power because you don’t keep integrating its aspects until you fully comprehend the concept behind even the paradigm…which is the natural philosophical concept of grace.

Me: I did the thinking, integrating and contemplating of as many of the aspects of grace as I needed until I recognized its complete philosophically aligned relevance as the single utterly applicable economic concept of Monetary Gifting and so the new paradigm. And then I innovated the Social Credit policies so that they became the very expression of that paradigm in a way that Social Crediters never did.   I Innovated them in a way that would make it virtually impossible for enterprise to reject or game such policies, where every agent benefited, the system attained true free flowingness, the best aspects of the agendas of both American Major political parties were accomplished and there were many more additional “knock on” socio-economic, political and psychological problems resolved as well.

Sorry cutting edge reformers but those are the facts.

Assad,

A brave and insightful declaration about the necessity of discovering a new paradigm, recognizing that mere science has become an obvious impediment to progress and linking religion (I would say Wisdom or spirituality) to finding the necessary paradigmatic breakthrough. I applaud you.

I reject the idea that a new paradigm is not possible in the social sciences as it just ends up being another orthodoxy that blunts thorough examination, but if you simply took finance/money which is merely accounting/calculus/mathematics which is a pure science and recognized that its current paradigm is the glaringly monopolistic concept of Debt ONLY…then you have the possibility of paradigm applicability anyway. Then all you have to do is recognize the signatures of paradigm perception/paradigm change, utilize the scientific method to decipher the new paradigm/concept which would thoroughly apply to the economy and then align it with policy.

Deciphering paradigm perception/paradigm changes is simultaneously a top down and decentralized process as a paradigm is a single concept that applies to an entire pattern.

…an integrative evolution not a revolution in economics and the money system. That will enable virtually all of the heat and lack of light of political issues to dissipate so that they indeed can integrate those very contentious but lesser issues as well. Discernment and Wisdom is recognizing truths, priorities and applicabilities….and then acting on them.

Fully consciously conceiving and perceiving the wholeness, significance and comprehensiveness of the pattern that is a paradigm requires a mental discipline inclusive of but epistemologically larger than science. The reason for this? A paradigm is a new conscious realization within oneself. It’s not just a different idea alone, (novelty) a new slant on old ideas/the old paradigm (reform) a new organization of factors (theory) or even a new organization of ideas (philosophy). It is not just science applied, which routinely has become a mental discipline that not only does not include consciousness….but rejects it.

Thus it has become a stumbling block, not the otherwise useful tool that has enabled a great deal of temporal, but now only temporal progress….especially when in the present case in economics and money systems a new paradigm….the essential component of which is a new conscious personal realization….has become necessary.

Wisdom and its tools is the necessary mental discipline to remedy science’s shortcomings all the while including science’s tools as well. The insights of the world’s major wisdom traditions and their disciplines/techniques were the science and scientists of their day. An excellent example of this is the zen Buddhist tool of giving the new/overly glib novitiate a koan which is a question that the rational mind cannot resolve…..and yet intensively meditated upon often results in a new insight of wholeness, oneness/significance and comprehensiveness…in other words the definition and component parts of a paradigm…including personal consciousness.

Science since approximately the 14th century has increasingly dominated consciousness and set before us great productivity and insight into the physical universe only…..or so orthodox science assumes.

Science can once again become Wisdom and instead of being a stumbling block to it, enable paradigm perception at a time when it is absolutely necessary….for further progress. 

And this is the postulate and the various insights of Wisdomics-Giftonomics. 

Integrate upwardly, outwardly and spiritually.  In other words ascend the scale of epistemology, move to the next mentally inclusive concentric circle and focus on experience not dogma.

There isn’t so much a “deep state” as there is an obscured one, and recognizing the new monetary and economic paradigm exposes it, clarifies the social and political path forward and focuses that effort.

Steve Hummel 01/25/2018

What we need is leisure which is self determined attentive activity…NOT idleness, sloth etc.

Leisure collectively would get us a lot more things like art, innovation, in all likelihood scientific breakthrough, with a modicum of enablement and encouragement a chance at developing a culture of contemplation and a load of other positive human fruits that might help us express our actual species designation of homo sapiens, i.e. wise and discerning man…instead of the failed and enforced experiment of homo economicus.

And a paradigm change in the economic and monetary system could make leisure and its fruits a virtual fait accompli.

Macro-economics is a study which cannot find the answer to our economic problems so long as it treats private finance as a legitimate money creating business model. So the chant of some macro-economists that neo-classical economics is unreal because it does not include money, debts and private banks…is only 2/3 true.

Why? Because for big ticket items like autos, mortgages and large leveraged speculations the money creation power of private finance….is post retail sale…and yet retail sale is the terminal end of the valid economic/productive process. Hence private finance’s money creating power is an exogenous, parasitical and extremely costly additional set of costs post retail sale. 

The only way to remedy this is to keep the money creating power endogenous but publicly distributed. That way the profit motive for finance is able to be eliminated because a government is not an economic institution.  And even the costs for finance itself can be eliminated as a sovereign government creates money out of nothing and can directly create and distribute it itself to fund all government services…including loans without interest, universal dividends and rebated credit for discounts at the point of retail sale.

Note:  Financial services that do not include money creation could be legitimate retail products.

Top to bottom:

Ethic/Zietgeist: Current: Mere Power New: Power and Grace

Monetary Paradigm: Current: Debt Only New: Monetary Gifting

Philosophy: Current: Control New: Freedom

Theory: Current: Ideological Justification New: Integration of Opposing Truths

Policy: Current: Contention/Non-Resolution New: Resolution

Regulation: Current: Capture By Elite Vested Interest New: Encouragement and Discouragement Based on Both The New Zeitgeist and Paradigm and a Human Individual Model

Note: Regulation is the systemic way of attempting to deal with anti-social and/or other counter intentions to an ethic, paradigm, philosophy etc. …in real time.