Posted To RWER Blog 06/14/2017 Regarding Applying Counter Intuitiveness To Economics

Me:  Perhaps if we discovered a concept and process that embodied the discerning integration of opposing truths, like Wisdom for instance, and then crafted policies that reflected and effected Wisdom’s pinnacle concept….both intuitive leaps may become more self actualized and the economy more abundant for all agents and more flowing as well.

JB:  About the problem of wisdom and human action, the most thought-provoking synthesis I met in Conze’s summary of the voluminous Prajnaparamita: “1) One should strive to become a Bodhisattva, that is, one who is content with nothing less than all-knowledge attained through the perfection of wisdom for the sake of all living beings, 2) There is no such thing as a Bodhisattva, or as all-knowledge, or as a “being,” or as the perfection of wisdom, or as an attainment. To accept both these contradictory facts is to be perfect.”

Me:  Correct….because Wisdom is the integration of opposites and the height and pinnacle concept of Wisdom is such continual integrating also known in the West (and by various other words elsewhere) as the dynamic and evolving concept of a state of grace, whether personal or systemic.

Viz free market economics and free market economic theory, which have historically been plagued by balkiness and without a new paradigm probable unworkability, I would suggest contemplating and integrating into such theory the following aspects of grace: free, a gift, gifting and free flowingness.

An Enterprise, Especially That Produces A New Product/Service/Innovation…

…may set their price high and still participate in the discount policy. However, if they keep raising it merely to increase profits they will not only not expand their market they will be dropped from the discount program. The purpose of the discount policy is not only to increase the likelihood of profit and to free enterprise from a system dominated by finance, it is also an attempt to increase the awareness of the goodness of the natural concept of grace in both the general populace and in all economic agents.

Wisdomics-Gracenomics even benefits the business model of Finance. Afterall, dominance by enforced paradigms that prevent solution of a problem is an unethical action and/or business model condition, and being released from such  “out” ethics…is probably more freeing than the increased freedom bestowed upon every other business model by the dual policies of Wisdomics-Gracenomics.

Wisdom

Wisdom never subtracts knowledge it always refines and deepens it

c copyright 06/14/2017

Steve Hummel

Abundant Direct and Reciprocal Monetary Gifting: The Way To Reduce New, Additional and Hence The Uncontrolled Necessity of Accumulating Debt

Money in one’s hand that has no debt obligation attached to it is self cancelling at consumption. A discount to prices simultaneously lowers prices and increases individual purchasing power.  The effect of individual monetary abundance is individual reduction of the necessity of borrowing, and the systemic effect of that would be the increase of existing money for investment and the reduction of the necessity of new money creation for same.

Grace As In Loving Consciousness-Good Will Within Oneself and Toward Others

Grace-graciousness IS the loving act of consciousness. Consciousness is the only “thing” that is able to interpenetrate everything….including oneself. Grace is the simultaneous expression of inward and outward love-good will, and consciousness is being and doing-acting. Consciously link and equate the two.

c copyright 06/14/2017

Steve Hummel

Posted To Steve Keen’s podcast site 06/13/2017 Why We Are Not Seeing Inflation Despite The Economy Being Inherently Cost Inflationary

We’re still in Debt Deflation and the Banking system and The FED are doing such a super slo-motion deflation of the biggest bubble in economic history that there’s an almost indecipherable statistical balancing going on. This is the only power and control survival strategy available to Finance even though it unwisely allows the social, political and geo-strategic disintegration we see looming up before our eyes all over the place. But what does Finance care? They prosper and rule before, during and especially after war so anything except integrating the new economic and monetary paradigm of Direct Monetary Gifting into the economy leaves their monopolistic paradigm of Debt and Loan Only in oppressive effect.

The Bald Assed Truth

The only way that markets are going to be able function as they are theoretically believed to do….is to take adult responsible control of both aggregate demand and the costing/pricing system with the policies of Wisdomics-Gracenomics. Otherwise the monopolistic paradigms of Finance, innovation and AI will make profit making systems virtually impossible.

What My Book/Theory of Wisdomics-Gracenomics Has Accomplished, Also The Cosmic Code

I have fully philosophically fleshed out the concept behind the new macro-economic paradigm of Monetary Gifting which old paradigm economists have no clue about, and which even the best economists like Steve Keen and Michael Hudson have only partially recognized.

I have also extended and expanded the policies that will enable a full integration of the new macro-economic paradigm into the economy’s micro-foundations so as to saturate it with that new paradigm actually accomplishing what DSGE falsely claimed to do and which the best economists have no real idea of or have decided is not  necessary and/or not possible.

I have also conceived of policies aligned with the new paradigm to regulate and head off human problems and the inevitable counter intentions that will arise even after the new paradigm has greatly stabilized the economy:

(extra 10% discount in following month if enterprise chooses not to inflate prices, definitive sanctions for breaking with alignment with the new paradigm, creation of Dept of Competitive Innovation and Increased Productivity with less Pollution and less Resources, along with the two primary policies of a universal dividend and a rebated “retail product” discount to prices, changing the concept of full employment to 20 hrs./wk and 20 hrs./wk of self determined positive and constructive purposes, also, creation of a cooperative effort by the helping professions, the clergy and the government to help make the general populace more aware of the many worthwhile purposes in addition to employment and to assist them in choosing which ones they would want to participate in)

Finally, I have discovered the very process of Wisdom, the levels of mental discipline below it and contained within it, fleshed out the ethic/zeitgeist/pinnacle concept of Wisdom itself, namely Love in action-Grace, and formulated the process of Wisdom in what I refer to as The Cosmic Code which is the most basic reality of the cosmos described as:

An integrated oppositional Duality within an integrative Trinity-Unity-Oneness-Consciousness-Resolution-Process

and formulated thusly:

[ (A x Z)  <–>  G/C ]

The Cosmic Code enables, and with contemplation accomplishes, what physics has alternately been trying to do/resisting doing for over a century now, and that is consciously integrate the observations and assumptions about quantum reality with Wisdom-Spirituality-the actions of Consciousness itself both of which reflect each other, thus completing a greater understanding of nature/the cosmos itself. The Cosmic Code is the reality of TUOCRP and in essence the undiscovered/partially understood paradigm….of the cosmos itself.

That’s big, much bigger than even it being the new economic and monetary paradigm, but I stand by it.