Wisdom is breadth of knowledge and depth of insight wed to a superior pragmatism. The only thing different between wisdom and paradigm perception is a new insight and/or the recognition of the importance and usefulness of a new tool.  

Paradigm Perception is the ability to observe and integrate both essence and pattern as that is what a new paradigm is….a singular concept that transforms a plauralism/an old pattern and simultaneously creates a new one.

Me:  Nothing of consequence will happen until the new monetary paradigm is recognized and parasitical private finance is replaced by a national non-profit publicly administered monetary and financial system with policies that simultaneously end austerity and yet also enable the proliferation of renewable energy consumer products and the kind of mega projects that can help us survive the crises we face. This is no time for mere reforms or worse yet “hobby horse” erudite stupidity.

L:  Agreed, but…how can that be made to happen? We can easily list all the obstacles, but…peaceful resolution is problematic. No?

Me:  It can be made to happen by awakening to the incredibly powerful ending/summing/terminal expression/tipping/inverting/paradigm changing point of retail sale with a 50% Discount/Rebate monetary policy.

Steve Keen has de-bunked DSGE, but in that process he didn’t cognite on the way to create what I refer to as “the higher monetary and economic DISequilibrium”…and that is the 50% Discount/Rebate monetary policy at retail sale which takes a simple accounting and algebraic operation (a minus and a plus sum to zero)….but because it is implemented at the above ending/summing etc. point a sufficient percentage (50%+) it inverts individual and systemic economic realities from scarcity-austerity to abundance and from painful chronic price and asset inflation to beneficial price deflation.

Every historical paradigm change has been characterized by a simple as in deep and elemental operation/activity made possible by a new insight or tool, and by conceptual opposition to and reality inversion of the old/current paradigm.

It’s a general and universal monetary assist to the economy and every agent individual and commercial. The policy is the very expression of the new paradigm itself, namely Abundantly Direct and Reciprocal Monetary Gifting.

C. H. Douglas who first suggested a “compensated retail discount” was still captured by the classical concept of economic equilibrium, the concept and temporal implications of quantum theory was still in its infancy in the 1920’s and the word paradigm was not yet a part of the lexicon. Hence he was hampered by his own cultural horizon.

The first essential step is a mass socio-economic and political movement to communicate the individual and business benefits of the 50% retail sale policy and related regulations and structural changes.

You ARE quite correct that the financial powers that be would undoubtedly have no compunctions with fomenting a regional or world wide conflict to avoid giving up their parasitical and paradigmatic dominance, but so much the more urgent that the rest of the actually legitimate business models perceive its benefits.

A 10% BLSS tax will be levied against any enterprise that increases their monthly prices unless they experience an actual long term increase in their costs. Any increase in prices will force a rigorous examination of an enterprise’s accounts and if no actual increase in costs is detected the tax is applied.

Conversely, a 5% Long Term Observation of Virtues and Ethics In Economics (LOVEE) corporate income tax decrease will be given to any enterprise that does not inflate their prices in any quarter.

Steve Keen, who I consider the best economist on the planet, has recently come out with the initial results of trying to derive an energy based growth cycle in economics.

This is a noble research effort to be sure. However, deciphering a new monetary paradigm to replace the present one of Debt Only as the sole form and vehicle for the distribution of credit/money (which hasn’t changed for the entire 5000 year old course of human civilization) could directly and much more quickly enable us to make the most efficient energy choices and changes by inverting the present monetary paradigm reality from “too costly” and “undoable” to as much as 4 times less costly for consumers (while still keeping enterprise completely whole on their overheads and margins of profit), and a straight forwardly rational necessity because survival trumps every other consideration.

Again, complexity and erudition are interesting and even necessary for precision, but compared to the depth of insight and radical beneficial temporal universe effects of paradigm perception/wisdom they are “as filthy wrags”.

The questions to ask ourselves are:

Do we have to have either capitalism or socialism?

What might be a third alternative system that integrates the best aspects of both and deletes
the flaws and falsehoods of both sides of the capitalist/socialist duality?

Is the economic problem economic, or might it be parasitic private finance and its paradigm of Debt Only as the sole form and vehicle for the distribution of credit/money?

Where and how could we implement monetary and financial policies to solve individual income scarcity, systemic austerity and chronic price and asset inflation that all heterodox economists agree are the major problems that afflict individuals and the current systems?

Survival trumps every other consideration and because paradigm change is permanent progression that every other factor or other kind of reversible reform adapts to….the necessity of both are no brainers.

And in the case of the new mega paradigm change to the monetary system, namely Abundantly Direct and Reciprocal Monetary Gifting, both species survival and permanent change is finally enabled.

Economists in particular and everyone else needs to recognize this and go full bore on the rational choice of paradigm change. It’s a no brainer and time is of the essence.

1.   The monetary authority will examine every enterprise’s prices monthly, and if they increase by more than 2% over the previous month their books will be examined for the reasons why.
2. The economic vice of arbitrary price increases will not be tolerated and if an enterprise increases their prices monthly by a large percentage or by more than 2% annually the percentage of the 50% rebate back to them by the monetary authority will be reduced by the percentage of price increase. Authentic cost increases that exceed the cost savings brought about by the policies of the new paradigm will not be subject to such sanction, but again, the destabilizing vice of arbitrary and greedy price increases will not be tolerated.
3. The “three strikes and you’re out” policy regarding such price increases where the enterprise losses its 50% rebate privileges will be uniformly and unflinchingly applied with enterprises proved guilty of such vice. When gracious benevolence and prosperity are brought to the economy and money system so as to serve all agents the proper response will be expected to be appreciation and dedicated abiding by the rules. Thus honest and genuine ethics will finally come to the economy and the money system.

It’s the idea that defines and restricts money and its distribution that must change. The monopoly paradigm concept of Debt Only must be broken up and enable the new monetary paradigm of Monetary Gifting to be integrated into the economy.

Put these facts, historical and structural insights and actions together and you have a slam dunk mega paradigm change that everyone can get behind, and potentially a human evolutionary understanding.

1.  Retail sale is the terminal ending point for the entire economic process.
2.  Retail sale is thus by definition the ending, summing and terminal expression point for any and all relevant economic factors including cost, profit, price and inflation.
3.  Private finance is the dominant power in the economy and indeed does dominate and manipulate individuals, other business models, nations and regions.
4. Private finance extracts an outsized amount of profit from the economy.
5. The most underling and significant factor in the collapse of empires, nations and civilizations has been the continual build up of debt.
6. Private money creation violates both Occam’s Razor and Lord Acton’s dictum regarding power and its absolute corrupting tendency. It also is a glaring contradiction in an allegedly free market economic system.
7. Private control of money creation is not a legitimate business model, but rather a government responsibility.
8. A publicly administered banking, monetary and financial system could degenerate into a problematic system also, unless it was firmly and logically guided by an incorruptible natural philosophical concept.
9. A new paradigm is a single concept that creates and transforms an entire pattern/body of knowledge/area of human endeavor.
10. A new paradigm is not the end of history in any specific pattern, but it is a definite and permanent progressive event in a pattern that all factors adapt to….and not the other way around. This is because it indisputably increases knowledge, freedom of thought and action and general survival.
11. A mega paradigm change is one that alters systems that personally affect virtually everyone numerous times if not continually throughout each day.
12. Wisdom is deeper and more insightful knowledge than facts, theories and the scientific mode of thought.
13. Wisdom is the process of the integration of the truths, workabilities, applicabilities and highest ethical considerations in seeming opposite perspectives.
14. Paradigms being both singular concepts that describe, create and transform entirely new patterns are ultimate temporal universe and human mental integrations of the opposites of singularity and plurality.
15. Wisdom is the process of integration as per #13 and the self actualization of human experience.
16. Love is the ultimate spiritual value and human experience.
17. Grace is love in human individual action and in human systemic policy, and thus the natural philosophical concept of grace is both the pinnacle concept of wisdom and love’s logical temporal universe expression.
18.  An analysis of every historical paradigm change will reveal that their primary beneficial effects are always personal and/or systemic expressions of an aspect or aspects of the natural philosophical concept of grace.
19. The new monetary, financial and economic paradigm is grace as in abundant monetary gifting.
20. The physical/temporal universe is a continual free flowing electro-magnetic interaction and integration between itself and individual human consciousness whether consciousness is considered a separate or fully integrated/integrative experience.
21. Grace characterizes both the temporal/physical universe and consciousness.
22. Grace is the present time state of the cosmos, and this is why being completely in present time is associated with enlightenment and genuine religious experience.
23. Understanding grace is key to understanding both oneself and the physical/temporal universe, and decyphering grace is discovering the code of the universe.

Wisdom is the elegant problem resolving insights behind the grasping stumbling block habituation of dogmas. It’s the essence and experience of truths within the dross of the stepping stones that hopefully show the way toward such.

Wisdom is self actualizing love and its active form grace/graciousness, and I couldn’t care less whether people get there by worshipping the great god mugjub that lives up the yap-yap river or by swearing that religion is total bunk….because love and grace are everything of value and the understanding that the concept of grace is the literal integration of everything and its opposite as well.