Boycotting: The Graciously Moral Power of The Individual

Instant boycotting of corporations gaming, cheating and de-stabilizing the new paradigm will definitely be a regulatory feature of the sovereign state. Grace is both benvolence of intent and morally sovereign power.

Cultivating competition and innovation are also two factors and strategies that the government will use to keep the new paradigm stable. Wisdom and its pinnacle concept grace will cultivate virtues while also discouraging vices and moral turpitude.

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New Titles of My Books

Direct and Reciprocal Monetary Gifting: The New Mega Paradigm Change

Grace: The New Ethic of The Age

Posts-Truths

RL:  Craig, its the governance systems in corporations, decision power that matters. As long as you let the top decide on who gets the emoluments, guess who will get them? Set up a compensation committee in firms and let all stakeholders have representation. You leave the governance of firms, the decision-makers with all the power.

Me:  Robert,

I don’t disagree that power is at the crux of the matter at all. However, that power will never be assailed until the monetary paradigm changes from scarcity to guaranteed abundance….for all.

That way neither the deep pocketed corporations nor the banks will be able to use “the reserve army of the unemployed”, artificial intelligence or even climate change to fight their battles….because the power to FREELY determine commercial survival will be passed “into the many hands of the individual.”

Micah 4:4 But everyone shall sit under his vine and under his fig tree, And no one shall make them afraid;

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PB:  Krugman’s wrong turn is more fundamental: He ignores banks and banking by arguing them away as mere intermediaries. You’d think that after witnessing the near collapse of the world economy due to a banking crisis, that neoclassical economists might revisit that, banks don’t matter, assumption. Nope.
What we get is a tweak: Ok, maybe there are impatient and patient agents who are intermediated by banks.
No Paul. Banks don’t just intermediate. Banks also create new credit money by lending. Banks significantly determine the money supply in this way. Increases in money supply affect important macro variables including unemployment. Any economist who still doesn’t understand this should be embarrassed.

Me:  Correct. And cutting edge heterodox economists and reformers ignore or are unconscious of the monopoly paradigm of Debt Only held by the banks which is the even deeper problem.

Free every individual and every enterprise from that tyranny with the new paradigm of Abundantly Direct and Reciprocal Monetary Gifting at the point of retail sale with a 50% Discount/Rebate monetary policy. It’s too simple for the intellectual vanities of the erudite to countenance, too beneficial and freeing for all economic agents not to garner their support and too exposing of the naked domination of the banks to deny.

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JB:  Or in general, epistemologically, “… imaginations do not vanish at the presence of the truth, in virtue of its being true, but because other imaginations, stronger than the first, supervene and exclude the present existence of that which we imagined.” Spinoza. Ethics 3, Proposition 1 Note.

Me:  Correct description of actual analysis, good science and cognition itself. And is the mental process of all paradigm changes, of which all are so obviously progressive and hence increased survival phenomena….that the choice is easy if not inevitable.

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Me:  Reductionistic “science” needs to be transcended and that can be done without resorting to religious dogma. Self awareness EXISTS no matter to what one attributes it or does not attribute it to.

Current economics doesn’t consider philosophy except to consciously or unconsciously affirm the current paradigm so it is stuck in either compartmentalized social or hard sciences which tribally resist integration of their particles of truth. As I have said here many times Wisdom is the integration of the truths etc. in opposing and/or compartmentalized perspectives, and paradigms are quintessential integrative concepts because they are a SINGLE MENTAL concept that transforms and creates an entirely new PLURALISM/TEMPORAL UNIVERSE PATTERN. Hence Wisdom/integrative thinking TO THE LEVEL OF paradigmatic perception must be the goal in economics.

Post To Ellen Brown’s Forum

“Everyone on this site knows how to create sovereign money, free of debt, and how it could repay the debt in half a generation, without austerity or even inflation.  Pretending the problem is debt just feeds into the 1% narrative that the 99% is responsible for the injustice it suffers from the 1%.  It’s got to stop.”

 
Yes they do know how. By creating money free of debt, that is AS money INSTEAD OF as debt. What they don’t know is the where and when of how to distribute it for the most beneficial individual, commercial and systemic effect.  And that is at retail sale with a large percentage discount which is reciprocally rebated back to the retail merchant gifting it to the consumer. 
 
So far as inflation is concerned everyone in the heterodox money reform and economic community is still on very unstable ground in so far as saying there won’t be higher than normal inflation. There will be….unless you create a policy so beneficial to everyone they can’t afford to opt out of it and implement that same policy at the terminal expression point for all forms of inflation and at a high enough percentage that it eliminates garden variety “monetary” inflation and actually integrates beneficial price and asset DEFLATION into profit making economic systems. 
 
Money itself is no more than a teriary cause of “monetary” inflation. The two most causitive factors are general monetary scarcity and having no policy infrastructure that provides commercial desicion makers a better option than to committ the economic vice of price inflation when they perceive more money coming into a system scarce in individual income and hence business revenue.
 
MMT and State “public” banking are fine reforms, but they still exist entirely within the old paradigm of Debt Only. Just think about how much more potent a personal and political message that immediately doubling everyone’s purchasing power and every enterprise’s potential revenue is? You get business and labor on the same side!  Take it directly to the people. Pols are notoriously cowardly and duplicitous. But they WILL follow the individual and commercial agents when the policies of the new paradigm are perceived by and presented to them. 

The Anti-Vice Exception To The Discount/Rebate Policy

The Discount/Rebate policy will not apply to personal, ecological and/or economic vices. Vices are not aligned with the healthy, ethical and rational aspects of the concept of grace, therefore such industries and their actions and products will not benefit from the policy.

The Post Accounting Sovereignty Tax

Corporations filing bankruptcy will not be taxed. However, if a corporation routinely makes no profit and yet mysteriously remains in business they will be audited and taxed at a rate of 5% of gross sales.