Actually, the real paradigm change that needs to take place is not just monetary and economic, it’s the one from Science as the only valid way of knowing to the integration of both Science and Spirituality, Science and Love, Science as the open minded process and Grace as in Love in action, in the midst of each individual’s life. This is The Cosmic Code, and this is what we must cultivate and learn. Even though it’s been said a trillion, trillion times, even though there be a trillion distractions from contemplating and knowing it, even though there be tragedy, injustice, stupidity and lack of will, the integrative process itself, Wisdom and its eventual pinnacle result of Grace, is the answer and the actual deeper reality.                                                                                                 Steve Hummel 08/28/2016

Paradigm changes are marked by both their initial absurdity and complete reversals of the primary thinking of the old paradigm. In the switch from hunting and gathering to agriculture it was the reversal of going out of your home/tribal abode to where “everyone knew” the food was, to staying home and breeding stock and cultivating food. That was a major mental barrier and orthodoxy overthrown. With the Copernican paradigm change it was the “absurd” reversal of the sun and earth. So will be the chagrin and back tracking of “we knew it all the time” by the economists, pundits and pedants when the problematic paradigms of Cost, Debt and Loan ONLY are reversed and resolved by monetary grace as in Gifting.

The only way Brexit can be bad is if austerity is idiotically forced on the economy. Mere governmental stimulus will make it better. Of course that in itself is a fragmented and incomplete policy and quite quickly will result in demand pull inflation as both “human action”/Austrian economic theory and “the fundamental direction of capitalism is up”/Hyman Minsky accurately observed. Supplementing aggregate demand and also simultaneously reducing prices at retail are the book end policies that will basically equillibrate the economy, and yet to actually do these policies with economic intelligence in profit making and monetary economies one needs to administer them with two factors in mind, namely directness and costlessness. A direct monthly monetary gift to the individual a la a universal dividend satisfies those requirements, and a reciprocally gifted discount at retail sale (to the consumer and then back to the merchant who gave it) hits it at the terminal end of the entire economic process….at retail sale. This pair of integrated micro and macro-economic policies are the full, complete and conscious expression of the new economic paradigm that the policies of each and all of the current leading edge economic and monetary reformer’s policies….are merely aspects of. You heard it here first.

Wherever you go…there you are!  Jon Kabat-Zinn’s book title expresses perfectly the truth that Grace/Consciousness is the ever present, underlying reality and ethic not just for consciousness raising, but for every human endeavor. And it is also what every other thread of economic and monetary reform must become conscious of/join with. That which undercuts best and most is what less undercutting must join….not the other way around. This is not some mere orthodox and arrogant statement, simply an expression of the fact that philosophy and ethics necessarily precedes structure and action if the latter is to be most whole, most humane and thoroughly integrated so that the thirdness/oneness-trinity-unity of Grace is enabled and becomes the reality.

Yes, in a world of easy access to information and where one viewpoint is always immediately and obsessively countered, the result is obsessive contention…and hence confusion and inaction. The only way to avoid this is to understand that Duality is fragmented delusion, that integration of the truths of opposing ideas is always best and that the natural, intellectual and ethical concept of Grace, is the necessary new ethic we must learn.

Monetary reform must be radically anti-war where the only way we go to actual war is if the enemy is physically off our shores and beginning to invade. It must also understand that we live in the belly of the beast, Finance Capitalism, that in fact is both economically and literally the invading army that the rest of the world is increasingly going to react to. And that is why the revolution/evolution must start here….so that we become the graciously ethical ones instead of the domineeringly unethical ones….and the rest of the world must then copy/cooperate with the new economic and monetary ethic….or fall behind because the new system is so much more workable and freeing.

Equilibrium is just another orthodoxy to overcome. What we should be intent upon is creating an economy that expresses “the higher disequilibrium” of greater individual and entrepreneurial freedom, and the ending of the glaringly obvious domination of the business model of Finance. Solutions are simple, conceiving and perceiving them is what is difficult.

Steve Hummel

@MH

You are completely right. The routine costs of capital depreciation, obsolesence and waste are not being accurately accounted for, and monetary policies implemented to compensate for them. As the cost accounting convention that all costs must go into price is always (and correctly from an economic standpoint) in effect, and depreciation allowances are but a “stay of execution” of those costs NOT a forgiveness of them and these are ADDITIONAL costs over and above any financial costs, then the rate of flow of total costs/prices will always tend to exceed the rate of flow of total individual incomes with which to liquidate such costs. These additional costs are considerable, and ever increasing as modern economies become more technologically advanced and capital intensive. A costless means of monetarily compensating for them both directly to the individual and also via price for businesses, whose desires to be competitively productive via technology and AI are healthy, entrepreneurial….and not their fault…in an economic system that is inherently cost inflationary.

As Wisdom is integration and you have to have at least two apparently opposing ideas in order to integrate something, so worrying about and/or fixating only on austerity as a problem….misses the mark. Not that monetary austerity itself is not a godawfully stupid and half brained thing to believe in, but integrating it with monetary abundance transforms (remember that word) austerity into prosperity….which is not profligacy by the way, but rather economy…which is what economists are supposed to be advising about…and half brain-edly failing to do so.

A sufficient and/or correctly targeted integration, according to The Cosmic Code, will result in a transformation. Now transformations are both inward and outward, and so require not only policies, but also thinking about the broader consequences of our actions (having a a sense of balance in all things wed to a sensitivity to ourselves, others and the planet as a whole). So integrating the desire for  more with the need to prevent ecological and environmental disaster is required.

Now if there’s not enough money in every individual’s hands to have one or two pairs of shoes, then you have austerity, and if you have 5 or 10 pairs of shoes and you’re just unhappily “dying” to have another 50 pair, then you’ve got a lack of integration problem. Abundance is necessary for anything to reflect Grace, but Grace is also balance and flow through time….so let us have policies which effect abundance for all…and the mental integration that makes us happy and ethical beings living on a finite planet….at the same time. (Grace, by the way, is directness to the individual, immediacy, simultaneity and so oneness/wholeness.)

Integrate monetary prosperity and a systemic sense of economy. In fact integrate everything at every moment and you’ll have continual transformation, which is one of the most concise and accurate descriptions of the state of Grace. Contemplate that.