…crawl inside of the solution in order to get to both the kernel of the solution and each of its aspects, and then you take them and find the places and the times where implementing the solution….will make it actually effective.

And that is what both Wisdomics-Gracenomics and The Cosmic Code do.

….Wisdom which is the integration of only the highest truths, workabilities, applicabilities and ethical considerations  from apparently opposing ideas, theories, systemic conditions.

Then take the idea behind the structure, because that is the starting point of the solution and craft the policies that align with the idea(s) and voila!….a conscious action-solution!

…the idea of Debt only.  That is, the idea that we can only utilize Debt to finance. And then, how do you intelligently and rationally utilize something else to finance besides Debt, so that both the individual and enterprise are freed….and the business model that currently enforces the Debt only paradigm no longer unethically dominates.

The answer is so simple and elegant that when one sees it and understands how, when and where it is implemented most people wonder how economists could not see the solution before. And the reason for this is that this is the nature of paradigm change which is a deep and basic insight into the resolution to a problem that everyone is afflicted by and so that insight causes an instantaneous and mass de-hypnotization. It is a mass problem solving, a mass awakening to a new solution.

Wisdomics-Gracenomics is worthy of a Nobel Prize, but it only frees us from unnecessary austerity and pre-occupation with an activity that prevents us from having a more full and fulfilling life, that is, Wisdom-Self Awareness itself. And that is why The Cosmic Code is so important, because it is both the identification of the Cosmos’ most basic structural reality, and the model for obtaining and maintaining Wisdom as well.

Everything in Life is a two edged sword, a choice, so we must learn to choose wisely and consciously by seeing twoness and threeness-oneness.

Governments are not budget constrained like households are.

The costing/pricing and money systems are digital in nature, that is $100 in debt, costs and/or prices is cancelled by $100 in money.

Every point of sale in an economy is a summation of costs and prices and also a stopping/ending point where production becomes consumption, and so each of these points in time is the ideal place and time for a monetary authority to implement the specific digital monetary and economic policies of Wisdomics-Gracenomics. 

The discount at the business model of retail is where Social Credit theory ended and was no longer examined by its advocates until several years ago when I extended the concept to the “retail product” of every business model and so to virtually all enterprises thus not only extending its likely acceptance as a beneficial policy by its complete inclusiveness, but also as a means of thoroughly saturating the economy with the new and necessary paradigm of  monetary grace as in Gifting, and finally ending the dominance of the monopolistic paradigms of Debt, Loan and for enterprise For Production Only. This insight and policy extension also enables the true and thorough integration of cutting edge macro-economic theory with the micro-economy which even the best macro-economists have either decided is unnecessary or impossible.

This insight was made possible by my realization that the process of Wisdom itself is the integration of the truths in opposites, and that the full and yet most basic reality of the cosmos is an integrated duality-opposites within an integrative trinity-unity-oneness-process-flow.

In other words I realized that the economy no matter how complex was an integrated-integrative whole where the stopping points throughout its entire process are the ideal places and times to implement a new monetary and economic paradigm and its policies and thus transforming its austerity, chronic balkiness and occasional collapse into relative abundance for all agents and free flowingness to the entire system.

The costs of fixed capital, especially in technologically advanced capital intensive economies are a flow of additional costs over and above the costs of finance and so the rate of flow of total costs will always exceed the rate of flow of total individual incomes, even ideally available to liquidate such costs…which never happens…and this means that in order for an economy to be in a state of free flow (not a static/statistical, momentary equilibrium) the rate of flow of total individual incomes must exceed the rate of flow of total costs/prices….and so a relatively abundant universal dividend  and a relatively high discount percentage to every selling price-point is necessary if the classical goal of economic free flow is to be possible in advanced economies. 

Note: a 30% discount and an additional 10% if the enterprise does not raise its prices just in an attempt to make more profit and yet tend to de-stabilize the system, and also submits to a rigorous examination of their accounting to make sure they are not doing such. And if they fail to abide by the ethical rules of the system and/or examiners find accounting fraud the enterprise loses its discount privileges….and anyone participating in the fraudulent accounting is subject to first class felony fraud..

The new and primary monetary and economic paradigm is Monetary Grace as in Gifting which replaces the old primary paradigms of Debt, Loan and (for enterprise) For Production Only, and the new primary paradigm must be thoroughly integrated into the debt based money and costing/pricing system.

Wisdomics-Gracenomics is the actual and true neo-classical synthesis which DSGE (Dynamic Stochastic General Equilibrium) theory never actually accomplished, because it was merely a justification for advanced Finance Capitalism and its monopolistic paradigms as per above.

There will of course be regulation necessary, primarily structural and speculative in nature regarding finance, right along with the transformative effects of the new monetary and economic paradigm of Monetary Gifting, but all other major parts of the economy will need to adjust to the new paradigm….NOT the other way around. This is the history, the correct history of all paradigm changes and ethically beneficial human progress. Finance’s dominance of the economy and the nation must never rise again. The business model of finance itself has legitimate uses and purposes and will thrive right along with every other business model…but, again, it will take its proper and smaller place ALONG SIDE every other business model NOT above it so as to dominate and manipulate.

MMT is correct about the mechanics of money and the fact that governments who create their own currency are not budget constrained like households are, and so is a smallish intellectual step in the direction of abundance and the new paradigm of monetary Gifting. However, it still has the stench of Marxian orthodoxy regarding employment, via a rigid policy of a job guarantee and its active rejection of the concept of a universal dividend.  It also is still afflicted by old paradigm thinking regarding the need for indirect financing via re-distributive taxation instead of direct distribution for financing government. It also is apparently unconscious of Finance’s monopoly paradigms of Debt and Loan ONLY which is surprising because of Marx’s correct indication that Finance capitalism/Imperialism was the problem. These orthodox hang overs are simply indications of how embedded old paradigm thinking is and how difficult the process is of integrating truths in apparently opposing theories.

Steve Keen’s Minsky Financial Instability/Disequilibrium theories are also incomplete and only partially aware of the new paradigm of monetary Grace as in Gifting, and both MMT and Keen’s theories lack a new and thorough integration with micro-foundations which is consistent with the concept of grace, one of the aspects of which is integrated bothness-duality itself.

In order to completely perceive and understand a new paradigm one needs to step thoroughly “through the looking glass” and dwell in that new paradigm, otherwise its realities are not actualized, dissonance and/or old paradigm thinking remains and the thirdness-oneness of true integration escapes one.

No one. No economist, not even C. H. Douglas, has looked closely enough at the costing and pricing system of commerce to perceive that each stopping and summing point throughout its entire process is the strategic and correct place to implement the discount policy and so saturate the entire economy with Monetary Grace as in Gifting. This insight and its effect is what is necessary to integrate micro and macro-economics and end the dominance of the business model of Finance and its equally dominating paradigms of Debt and Loan ONLY.

This alone probably merits a Nobel Prize in economics.

I came to these insights from my study of various Wisdom traditions and their insight that the temporal universe (and the economy as it is entirely embedded within that universe) always follows the trinitarian process of Start, Change and Stop. As the costing/pricing and money systems are all digital it follows that subtracting/discounting costs, prices and money at each of the stopping points along that process and then reciprocally rebating the same amounts back was a gracious and unobtrusive way to benefit both the individual and enterprise and simultaneously free them from the oppressive domination of Finance and its enforced paradigms of Debt and Loan ONLY.

This is one of the reasons I call my theory Wisdomics-Gracenomics. It is Wisdom and Wisdom’s  pinnacle concept applied to the economic system.

Likewise I realized that both paradigm changes and religious conversions have always been  both complete transformations of problematic conditions and inversions of primary realities. Consequently the solution to a scarcity ratio of total individual incomes to total costs/prices is the inversion of that ratio, that is, it must become an abundance of total individual incomes in ratio to total costs/prices via the dual policies of a relatively abundant universal dividend and discount to each enterprise’s “retail product”. This accomplishes the transformation from an oppressive and inherently and increasingly balky economic system to an individually freeing and entirely free flowing one….because monetarily the abundant aspect of both policies in combination interpenetrates, encompasses and endures the entirety of the economic process of Start, Change and Stop….and re-start as well. And thus economic theory shakes off the final vestiges of the old paradigms of scarcity, obsessive equilibrium (in favor of a more accurate, scientific and ethical “higher disequilibrium ratio” as per above)  as well as the aforementioned paradigms of Debt and Loan ONLY.

Note that abundance, freedom, freeing, free flow, flowingness as in continuous process, transformation, inversion/conversion, integration of opposites, continuous integrating and  completeness are all aspects of the concept and/or psychological experience of Grace….and they are also many of the goals of classical economic theory.

Note also that Grace is the western equivalent of eastern concepts like satori, atman, etc. all of which are pointing at the experience of self awareness-consciousness itself and you will see why I included Gracenomics in the name of the theory, and that integrating the concept of Grace into economic theory is in fact also the equivalent to bringing full consciousness to it.

Finally, note that the world’s various Wisdom traditions utilize a combination of inner and outer focus so as to “remember” one’s self, one’s self awareness-consciousness and that macro-economics is analogous to inward meditation and micro-economics is analogous to outer (zen-like) meditation. Then realize these things: that Wisdomics-Gracenomics brings the concept of Grace to economics, that the integration of bothness-twoness-opposites as in duality is the very process of Wisdom itself, and that simultaneously Grace as the pinnacle concept of Wisdom is bothness-andness as in trinity-unity-oneness-consciousness-flow-process as in continuous Starting, Changing and Stopping.

And this is why Wisdomics-Gracenomics, not DSGE, is the true neo-classical synthesis.

The income guarantee should not be basic, but rather relatively abundant. It must also be DIRECTLY DISTRIBUTED NOT funded via RE-DISTRIBUTIVE taxation. Also, the real problem is that we have lost sight of the fact that the business model of finance has been allowed to dominate and manipulate every other business model and probably 96% of the general populace with its’s monopolistic monetary paradigms of Debt and Loan ONLY. These monopoly paradigms are curiously contradictory in what is considered a competitive free market system. So don’t be an idiot orthodox socialist and advocate re-distribution and don’t be an idiot orthodox capitalist and overlook the glaring monopoly paradigms of Finance. If anyone wants to deeply understand the philosophy and policies necessary for the West to survive and thrive they can read up on the new integrative theory of Wisdomics here:

wisdomicsblog.com

…is simply the habitual, obsessive sign of the accelerating collapse of modern economies and probably western civilization unless of course we awaken to Wisdom and its very process.

You cannot turn the television on anymore without hearing continual pissing and moaning about Trump, and of course Trump is the biggest pisser and moaner of them all.

That’s the problem….everyone is habituated to the pissing and moaning of continual and obsessive contention between equally arrogant and unwilling to integrate ideologies vying for power in the fields of politics, economics and religion.  When what we  actually need is Wisdom which is the process of combining ONLY the truths in any and all bodies of thought and then crafting policies that align with those truths.

The world is almost entirely unconscious of Wisdom and its process. We must become aware of Wisdom and practice it.

Wisdomics-Gracenomics, The Cosmic Code of Wisdom and Graciousness, wisdomicsblog.com

zth:  Gift economies are interesting, but are they scaleable? What tools and institutions are required? I’d like to see some experimentation with different options, so that would be cool. Have you read David Graeber? His book on Debt is a must read and I think relevant to this conversation.

Me:  Yes, Graeber’s book is an important one because it pinpoints the problematic business model of Finance. Isn’t 5000 years long enough to be dominated and manipulated by their product and paradigm of Debt? Gifting IS scalable. As Keen correctly points out it IS a monetary economy. However, he and other economists have not cognited on the that fact in combination with the fact that both the money and costing/pricing system are digital. That is $100 of money cancels $100 of debt or $100 of costs or prices. This is why “a modern debt jubilee” is just an important first step toward resolving the deepest problem of modern economies which is that they continually create more costs/prices than they simultaneously create individual incomes with which to liquidate/cancel said costs/prices. This means that in order for the economy not to forthrightly spiral down into a deflationary depression the policies of monetary Gifting directly to the individual in the form of a relatively abundant monthly dividend and reciprocally to the consumer as a relatively abundant percentage price discount and then back to the enterprise as a rebate of same….are the way to stabilize the macro-economy. You heard that first here by me, not Keen. My theory Wisdomics-Gracenomics is an integration of micro and macro-economics, an integration of abstract thinking/math/calculus and the mental mode of thought known as Wisdom which is an integration of both direct inward and outward observation of realities.

wisdomicsblog.com