Posted To Steve Keen’s Debt Watch Blog

There are actually two types of laughter. The natural laughter that is actually a release and effects a momentary state of grace/flow, and the overweening laughter of the prideful and temporally damned. The latter is what you accurately refer to of course.

Posted To Mish Shedlock’s Blog 02/21/2016

Ken:  What will happen to all the workers who are “made redundant” by the relentless advance of technology? Will society provide for them? If not, will they passively accept their fate, or will social unrest follow? A serious question for “developed” economies.

Me:   Of course we’ll have to provide for them (the vast majority of the population that is, which will either not have a job or a job that is not adequate to avoid austerity)…because it will be both the self interested and the ethical thing to do

Rhonda:  History shows us, unfortunately, that sooner or later people come into power who do not do the ethical thing. Will this time be different? One can only pray it will.

Me:  A system does not have a mind to change….only an inherent condition. If you mandate policies that are gracious and that consequently resolve the inherent condition of the economic system (more costs and so prices as a flow than individual incomes simultaneously produced) people will be free and realize it….and then it will be damned hard for an idiot to change it.

 

The Reason Why Philosophy Itself is Still Inadequate

Because ideas are still dualistic even in their combination, and hence things can be and/or made to appear as if one thing is as worthy as the other. The third consideration of what is most ethical for the individual  is what enables a true integration and a unitary resolution/oneness of the subject in question.

The Solution

The solution is reconsideration of the concept of full time employment from 40+ hours/week to 15-20 hours accompanied by more monetary Giving/Gifting….so that there is a lot less need to lend/borrow. And this is why we must have a Dividend and a Discount that is actually productive of considerable price deflation.  And these three factors (less working time, more monetary Gifting and less borrowing) which together entitles the individual to have a secured income approaching middle class level. This is also why we need the NCO (National Credit Office) to be the original creator of money which is guided by the appropriate aspects of Grace (Balance, higher/ethical Equilibrium and Flow) not the private self interested Banks. And finally, also have a cooperative effort by both public and private entities to educate and encourage individuals to understand themselves, to understand Life and Living and so to find the positive, constructive and self determined purposes they will then have the time and satisfactory economic freedom to pursue.

The Solution

The solution is reconsideration of the concept of full time employment from 40+ hours/week to 15-20 hours accompanied by more monetary Giving/Gifting….so that there is a lot less need to lend/borrow. And this is why we must have a Dividend and a Discount that is actually productive of considerable price deflation.  And these three factors (less working time, more monetary Gifting and less borrowing) which together entitles the individual to have a secured income approaching middle class level. This is also why we need the NCO (National Credit Office) to be the original creator of money which is guided by the appropriate aspects of Grace (Balance, higher/ethical Equilibrium and Flow) not the private self interested Banks. And finally, also have a cooperative effort by both public and private entities to educate and encourage individuals to understand themselves, to understand Life and Living and so to find the positive, constructive and self determined purposes they will then have the time and satisfactory economic freedom to pursue.

“Cleanse The Doors of Perception…”

Cleanse the doors of perception…and everything will appear as it is: incredibly energetic and intending to be conscious.                                                               Steve Hummel 02/19/2016

An update on a famous quote

 

Stand On Your Head, And You’ll See Both The World And Yourself…As They Actually Are.

And of course this is precisely what economic and monetary theory need to do.

Posted to RWER Blog  by Dean Baker 02/20/2016

Yes the system is as you say. And it really is not that subtle, its mostly that we are so conditioned to think that it is the correct and benevolent one we’re supposed to believe in. If we literally stood on our heads, we’d see BOTH the world AND ourselves…as they actually are.
And of course this is precisely what we need to do with economic and monetary theory as well.