“A culture doesn’t change quickly and certainly it seldom changes in any significant degree from just addition or subtraction of a paradigm.”

The Copernican Cosmological paradigm change took place in the tiny area of astronomy and the strictly mental area of religious orientation. Thus its effects while truly significant weren’t immediately felt or understood by the entire populace.

However, a culture changes very quickly if the area of human endeavor/body of knowledge the paradigm change occurs in effects everyone in a fundamental, vital and everyday way, and a monetary, financial and hence economic paradigm change, because everyone is bound to it in such ways, would have precisely that kind of immediate effect.

I don’t know if your reference to addition or subtraction meant the changing of one paradigm to another or whether it was a reference to the subtraction and addition function of the discount/rebate policy. As I just stated if the area that the paradigm change takes place in effects virtually everyone in a continuous fashion then the new one will also have such immediate effects. So far as the simple mathematical operations of the policy are concerned the simplicity of them is not why they are powerful, but rather because the operations occur at a pivotally significant ending, summing and economic factor expression point in the entire economic/productive process, namely where production becomes consumption, and hence its effects are so macro-economically final and significant. And their effects resolve the two major problems that plague modern economies and that heterodox economists say they want to solve, namely price and asset inflation and individual and systemic monetary scarcity.

And all macro-economists and pundits have to do to see this is exit the abstract fugue they so often fall into….and actually LOOK at it present time empirical, mathematical and universal effects.

If one studies paradigm changes they find that the actual operation(s) that effects the paradigm change itself is always simple. The inversion of the positions of the earth and the sun, Nomadic existence to homesteading/urbanization, Debt Only to monetary gifting. It’s just that, that particular operation is so profound that it cuts through most of the theretofore seemingly necessary complexities and false orthodoxies. Reforms are complex, shallow and reversible operations. Paradigm changes are simple, deep and permanently progressive ones.

Considering that the paradigm of Debt Only has been in affect for the entire history of human civilization the new one of monetary gifting is of paramount importance. That we don’t see it and act upon it is telling. And as I write this Notre Dame cathedral burns as people spectate and firefighters cannot reach it. How emblematic of modern civilization’s unconsciously dis-integrative state.

What if chaos is actually the utterly integrative, interactive nature/state of grace of the cosmos pointed at and directly experienced by the individual without abstraction as the world’s wisdom traditions claim? And the remaining aspects of which science has not (yet) affirmed due to an overhang of its bias against anything smacking of religion (understandably), but (incorrectly and stupidly) invalidated because natural philosophy/spirituality are NATURAL mental processes?

Despite and because of randomness grace IS the state of the cosmos because the cosmos is everything including seeming opposites….completely and continuously integrated. And one’s point of view on that fact is the only thing that arbitrates whether that is true for you or false.

Align economic philosophy and monetary policy with the multitudinous and imminently applicable aspects of wisdom and its pinnacle concept of grace or suffer the consequences.

After all, “It’s not nice to fool mother nature.”

Inflation has been low since the GFC. A way to insure it stays low is to tax all enterprise before retail sale at 10% of net profit if the the yearly inflation rate is more than 3%, and if you are discovered to be an enterprise that raised their prices despite being saved the costs of all transfer taxation, a large cut to corporate tax rates and also the cost savings of being able to borrow at 0% interest from the new national banking system then you will be branded as anti-social and taxed at a rate of 50% of net profit. And if that isn’t enough and you continue to inflate you will lose your discount/rebate privileges.

Meanwhile whatever the yearly rate of inflation is it will be tacked onto the 50% discount, so if the rate is 4% then the discount/rebate percentage is 54%.

Offers a rational and wise species purpose, a good investment and diverts spending on less purposeful consumption.

And if such capital agents do inflate, whatever the revenue difference between what they made with the increase and what they would have made without inflating, will be taxed at a rate of 110%.

The whole capitalism-socialism thing is a distraction. The conflict is finance and its paradigm of Debt Only for the sole monopolistic form and vehicle for the distribution of credit/money…versus virtually everyone and every other actually legitimate business model (finance is not a legitimate business model). We can fight for another 5000 years about the merits and de-merits of capitalism versus socialism. It’s the biggest “intellectual hobby horse” out there. The financial powers that be foment that conflict of course, but sniff at it if they give it a thought at all because they know that their control of the paradigm of Debt Only is where the power actually is.

Steve Keen says the problem with neo-liberal economics is they don’t factor in money, debts and banks. He’s right. So why doesn’t he see that these three aspects of the economy focus us perfectly toward the real problem? Because he’s still operating on the theoretical level instead of graduating to the philosophical and paradigmatic integrative levels of knowledge/insight.

You can ask a zillion questions about economic details, but all you really have to do is ask: Does money as Debt/Burden Only integrate seamlessly into the economy? Answer: Yes. So why wouldn’t money as direct and reciprocal gifting not do the same thing??? Just find the best way to do that and you’ll actually change economics far, far more…than going on and on about capitalism versus socialism. Integrate them, and let’s talk about the synthesis/thirdness greater oneness of Direct and Reciprocal Monetary Distributism.

Far better to accomplish abundance, incentivize saving and regulate prudence than to suffer enforced austerity while longing for wealth in a generally rigged system by financial elites.  Mankind has been waiting to be free for over 5000 years. It’s been available for quite some time now. Let us stop being pulled “three ways from the middle” and grasp, embrace and wisely enjoy it by stepping through the looking glass into the new paradigm of monetary grace as in gifting and its policies.

5)  Institute a 20% down payment requirement for mortgage qualification and incentivize savings by doubling their already doubled purchasing power. In an abundant monetary system prudent saving becomes a virtue both individually and systemically not a systemic vice like it is now because abundance and prudence are both aspects of grace, and grace resolves seeming opposites. In a money system based primarily on grace, the paradigm of Debt Only is exposed as the real problem and will “wither away”, not profit or the state.

KZ:  Economists assume they have the truth by the tail, the only truth. They’re wrong. Truth, and thus science and all human knowledge is situational, open-ended, emergent, and becoming.

“There is at all times enough past for all the different futures in sight, and more besides, to find their reasons in it, and whichever future comes will slide out of that past as easily as the train slides by the switch.”
William James, The Meaning of Truth

This takes us back to uncertainty that is always a part of human culture. Our worlds rest always on shaky foundations. Science does not cure, cannot cure this difficulty. But scientists can be more aware of if and take it always into account in their work. Not just about the objects of their study but also about how they go about studying them. This translates to science, like all human actions (thoughts, institutions, cultures, societies, etc.) being performances. If you’ve ever participated in or watched a stage show you know how uncertain and difficult it is to ensure the message or point of the performance is conveyed. Andrew Pickering calls this the “mangle” of humanity. It’s a mangle because it requires we accept that human understanding and knowledge are the result both of agents (human and nonhuman) and the objects these agents observe and explain. So, it’s not either scientific knowledge is descriptions of the “real” world out there or is created by the imagination of the scientist (agent). It’s both. And its impossible to say where each begins and ends. Human understanding and imagination are chaotic, complex. Aristotle wanted to overcome chaos as did most western thinkers who came after him. If we take seriously William James, Y. Bar-Yam, F. Capra, N. Georgescu-Roegen, J. Gleick, J. H. Hubbard, B. H. West, E. Lorenz, A. Battram, G. J. Gumerman, M. Gell-Mann, and others about chaos and complexity, it is not something we humans can escape. It is the foundation of our existence. Economists don’t get this, but the same can be said of many other so-called smart people, including many scientists. Sometimes culture is a prison for some humans. And 5,000 years of “everything fits together neatly” culture has imprisoned many of us.

Me:  Philosophically everything you say is correct. Since its inception economic theory has been based on equilibrium, and worse a static/statistical/stochastic equilibrium when it should have been based on dynamic, interactive, integrative process and flow. Embracing process/flow is wisdom and wisdom’s pinnacle concept is grace as in dynamic, interactive, integrative and ethical process and flow.

If you read my book you become aware of the fact that every paradigm change has simply been the dramatization/application of one or more of the aspects of the natural philosophical concept of grace in the body of knowledge/area of human endeavor that the paradigm change applies to, in this instance economics and the money system. Yes, the world is temporally complex, but yes really understanding the world philosophically and paradigmatically boils down to thoroughly understanding the concept of grace. It’s that simple, elegantly applicable and powerful.

KZ:  Craig, my original comment was incomplete. Some civilizations before Ancient Greece accepted the chaos of life. They based their institutions, religions, and general way of life on just this. These include ancient Egypt and ancient Mesopotamia. And this shows us one of the difficulties in creating civilizations based on chaos. They can move into cynicism and unrestrained violence. After all, in a chaotic world all morality is uncertain, just like knowledge. So, it’s important we teach our children and those uncomfortable with chaos how to live well within it. More importantly, however, we need to teach about chaos. It does not mean lack of order. Rather it refers to uncertain order, order within limits. But we’re never certain when and how the limits will change. No paradigm of any sort can save us from this. But choosing some will help us more than others. Now the hard part, choosing those paradigms.

Me:  Chaos is actually a misnomer and misunderstood. Life is process and flow mistaken for chaos. There are patterns within process. These are the various paradigms in individuals’ heads and of their systems.

The end of wisdom is Orthodoxy. The trick is to embrace the wisdom of process and flow without qualification except for ethics which is the rational/situational consideration of mere morals.

Grace being the pinnacle concept of wisdom is the ultimate in process and flow…..and is not only the concept behind the new monetary, financial and economic paradigm, but THE paradigm of the cosmos which is in continual process and flow. This is both science and wisdom, and the topic of my next book The Cosmic Code.