Actually more like a demon, but no less in control…in the sense that its hands are on all of the controls. Unfortunately a dominating and manipulating God has fallen and become like Man when his major problem has gone on un-examined and justified for too long, and so becomes irresponsible, uncaring except to maintain its own desires…like power and control.

Humans who have an un-examined fixed and dominating idea are obsessive and require an additional balancing idea in order to become healthy and flowing. The economy dominated by finance’s fixed ideas of debt, loan and for production only requires exactly the same thing…an idea integrated with debt, loan and for production only which is opposing and balancing.

And that idea is the idea/concept of Grace as in gifting.

Of course if you and your employer wanted you to work 40+ hours/week that would be an available option as well and you would still get your dividend. A cooperative effort by the helping professions, the clergy and  the government to make people more aware of the many positively purposeful activities that they could pursue and that fit both their interests and particular abilities would be created as well.

In each present moment of the economy there are much more present total costs than there are total individual incomes present and actually available, even under ideal conditions,  to liquidate those costs. This is the unperceived moment to moment reality of modern economies. This condition is inherent in all modern economies, but most real in capital intensive ones as the additional costs due to depreciation of their capital assets is much higher than those of less modern economies. Also the costs of obsolescence, waste and inevitable fraud are synergistic factors in high tech economies due to the swifter pace of technological change, the mistaken notion that more production will resolve the problem despite the fact of the cost inflationary inherentcy of the system and because wealth, power and the desire not to lose it is a strong incentive to “fudge, hide and/or dominate with the numbers” as recent control fraud conspiracies and the knuckling under of governments to finance in 2008 and beyond have shown.

The three things Keynes didn’t get right were additional costs, time, the absolute continuousness of time in the temporal/time universe, i.e. process and finally the necessity of directness, immediacy and process/continuuousness as solutions to all four of these.  Social Credit deals with these factors.

However, the two things Social Crediters do not completely get is the necessity of abundance regarding their dual policy mechanisms and an occasional failure to completely comprehend Douglas’s charge of inherent disequilibrium and thus they fall back into belief in general equilibrium. This I believe comes from missing the fact of the additional costs demanded by the second law of thermo-dynamics which correctly states that energy is continually randomizing. In other words it is not just the additional costs of capital depreciation etc. and the flaw in cost accounting conventions that holds those costs in effect….it’s also the fact that the entire cosmos is depreciating….and the only way to effectively compensate for this is to not just equate economic costs….but temporal universe/cosmic costs as well.  And the only way to do that is reverse the entire vector of the economy and the problematic dominance of finance by….reversing the present scarcity disequilibrium ratio of  incomes to costs, itself. In other words we must create a new “higher disequilibrium” where total individual incomes will continually exceed total costs.

This is learning the lesson of Keynes’ failure. His prescriptions were a betterment but missed the above factors that Social Credit identifies, and so brought some additional stability for a time until neo-liberal economics morphed Keynesianism into itself. So Social Credit is a much better economic betterment than Keynesianism could ever be, but still lacks the cosmic/temporal universe/thermo-dynamic costing factor. 

That is what Wisdomics attempts to do via a truly abundant dividend and equally abundant discount percentage which reverses the vector of the cost inflationary cosmos entirely toward abundance instead of scarcity in ratio to costs and through time. It is a further and more complete integration of economic theory with the scientific facts of the temporal/physical universe as well as a further integration of the concept of Grace into same.

@peterc,

I’m referring to the macro-economic flow of individual incomes in ratio to total costs. The more concrete fixed capital/development we create the more additional costs we create due to depreciation, obsolescence and waste, over and above the credit created to create that development itself. This is a cost accounting observation of the most basic disequilibrating factor in modern developed economies and needs to be addressed. As Steve Keen has observed economists can get their PhD in economics without so much as taking an elementary course in accounting. It’s a weakness in current theorizing. In fact Keen himself, dispite being a disequilibrium theorist, is still caught up in accounting equilibriums and so misses the above cost accounting reality.

Me:  If one wants to understand stagnation or even devolution in a discipline they must confront the dominant powers present. Economic systems are dominated by the business model of finance via its monetary paradigms of Debt only, loan only and for production only. If Europe and the rest of the world wants to be free they must recognize and effectively deal with these three glaringly contradictory monopoly powers in what is alleged to be free market systems. Integrating a new paradigm of monetary gifting into all three of Debt, Loan and for production only into the money system with policies that would simultaneously interpenetrate and encompass it for both the individual and enterprise would break up these monopoly paradigms and enable free flowingness for all agents. That is, provide monetary policies that last through time for the individual and that also free businesses from the burden of macro-economic costs that routinely exceed actually available individual aggregate demand at the end of the entire economic process at retail sale.

RL:  We have a crisis in Europe because we let finance capitalism pouring out of the US and the UK dominate Europe through EU institutions. We all know that. But we forget there is so much more to Europe than that, which I remind you of by quoting Hoie. You know the old story, America is a country that went from barbarism to decadence without passing though civilization. Don’t forget the civilization, which is why I choose to live here rather than in the US.

Me:  I would suggest most economists don’t know it enough. The monetary paradigm dominance of finance is our deepest structural economic problem. It is an established psychological fact that when a neurotic confronts his/her deepest conflict all manner of attending irrational behaviors dissipate as well. Human systems inevitably being reflections, albeit neurotic reflections in the case of economics, of humans themselves, again….maybe we just don’t know ourselves well enough.

I have known economists whose work I respect call for a new economic philosophy and even suggest actions that I think reflect the concept I perceive as the one that is needed. It’s just that not having a fully fleshed out understanding of the philosophical concept their actions are only one offs instead of strategically placed and continuing policies that would actually correct the economy through time.

A new, and hopefully deeper, philosophical concept would do that.

[ (Natural-Integral Aspect of Spirituality x  Existential Reality of Spirituality Itself)   Trinity-Unity-Oneness of Grace/Consciousness which of course includes the intention/decision to love ]

The Cosmic Code started out being  [ (A x B)  <–>  G/C ]

Upon further thought and insight it became I/L –> [ (A x B)  <–>  G/C ]

And finally I simply integrated that formula up and out to this:

{ I/L –> [ (A x B)  <–>  G/C ] }

The formula [ (A x B)  <–>  G/C ]  is primarily a scientific and philosophical  one, but it also evolved out of an extraordinary experience of serenity, newness and intense focus on the present moment I had in the 1970’s.  After I discovered the economic theory of Social Credit and the concept behind it to be an aspect of Grace as in the gift/gifting I began to re-examine my experience and its aspects. It turns out the experience I had was characterized by many of the aspects of Grace and so I continued to contemplate the concept and the experience. I also recognized that the experience of Grace was a trinity of space, time and self awareness. I began to recognize trinities all over the place in the natural world, in the mind, in mathematics and in the world’s wisdom traditions. Eventually, knowing that a scientific and philosophical understanding of things was a mere duality I further contemplated the formula and the trinitarian form it took and expanded it to include I/L –>, i.e. the intention to love making the original trinity of

[ (A x B)  <–>  G/C ] into an expanded trinity of  { I/L –> [ (A x B)  <–>  G/C ] } where the original trinity was then the duality and I/L –> was the third spiritual element.

The formula of The Cosmic Code is a universal and inclusive one able to be applied to the individual and his/her personal problems as a model for their solution, to the clarification, resolution and progressive expansion of knowledge and understanding applicable to any human systemic problem, to philosophical clarification and understanding of concepts leading to unity/unification of theories and finally as an expression of totality as spirituality is also included and incorporated into its trinitarian model/form.

It’s not actually new, but like virtually everything else Keen has (excellently) done in de-bunking neo-liberal economics and DSGE, is a re-discovery of the insights of C.H. Douglas, and a partial affirmation of my Wisdomics which is a further extension of Social Credit policies and an exegesis of the concept upon which it is based, namely the philosophical concept of Grace, so that the workings of the economy can be better observed and policies implemented in a more scientific and humane fashion.

Keen’s recommendation of “people’s QE” is an excellent suggestion, but is basically a palliative one off action instead of the ongoing solutions of a monthly universal dividend and retail discount mechanisms that would monetarily encompass and book end the economy through time thus immensely stabilizing it.

Me:  One of the major aspects of grace is balance, balance imbued in whatever activity or sentiment that is, and I strongly suggest that will be both its ultimate and short term effects for the vast majority of individuals. Oh, sure you’ll inevitably have the anecdotal profligate and errant behavior of some. Everyone is in process morally and spiritually, almost no one here doesn’t recognize this. Social Credit is the economic policies of macro-economic balance and the philosophy of balance. Those who contemplate grace contemplate balance in everything….or should, especially if they are social crediters.

The entire physical universe actually is the matrix, we simply have to become completely conscious of that fact. Everything radiates. Everything you can see radiates on an electro-magnetic level. Everything. Remember when I said you should read and get completely clear in your mind the definitions at the start of this book? One of the reasons I wrote that was because love is the most strengthening experience in the cosmos and so understanding love will make you strong. One of the definitions of love was “a state of attraction for and toward”, and as radiation/radiating is a movement outward and toward….that means that the entire cosmos is actually, not just play pretend, continually in an act of love….and your reaching out to experience it is an act of love too!!!  These are physical, electro-magnetic, definitional, psychological and potentially emotional facts….if you will only choose to look at them and try to understand. I’m completely serious. The Cosmic Code is an integration of science and the pinnacle concept and experience of Grace which is love in action….and what I just told you is an integration of both scientific and spiritual facts. No BS here. I love science, always have, and I’ve always loved truth, beauty and love as well. And this insight is real and incredibly powerful if you simply embrace it and let it be your reality too. Feel bad? Get the idea that everything around you is radiating love toward you….because that’s exactly what its doing. Then realize that you reaching out toward the physical universe with your attention, your consciousness…is itself an act of love. Every time you think love, love becomes more real to you. If you contemplated the loving radiation of the cosmos toward you and your loving act of consciously reaching out toward it for a lengthening period of time each day for a month or so I guarantee you your problems will begin to get real thin, real flimsy. And if you kept contemplating that scientific and spiritual fact for 6 months or a year and maybe practiced smiling at other people more and maybe talking to them in a friendlier way than you used to….every problem you ever had will just kind of disintegrate right before your eyes. No kidding. And if you wanted to be a little more scientific and combined the above contemplative technique with you flowing love toward a particular situation, emotion, attitude,  or person you have problems with and that will probably hasten the process even more. Just use one or both of those methods, but emphasize experiencing and building love with both. That’s the secret because from the definitions consciousness is “what enables love” and “love is what creates and builds consciousness so they are inextricably integrated with each other. In other words consciousness of the world and yourself co-radiating and flowing love builds both consciousness and love. It’s sometimes a little too simple and profound for the intellect to countenance, but just start and don’t stop creating love and you’ll become much more conscious as well. Because with love and love in action/grace you never lose the ability to recognize and differentiate facts  or lose any ability worth your time, in fact you become more discerning than you’ve ever been….so now you learn wisdom not just facts.

The matrix is love, and the more conscious you become of that the more lovingly conscious you in fact become.  Look closely at the matrix/physical universe….and you can become Neo too.