When intolerable financial dominance meets intolerable economic harm and enforced austerity an actually new and third alternative….is the only rational decision/solution.

The West actually has its analogously wise and yet ignored economist C. H. Douglas whose too little known quote “Systems were made for Man, not Man for systems” reflects Hag’s thinking, expresses the philosophical spirit of his theory of Social Credit and which is also the basis for my philosophical and policy extension of Douglas’ theory I have called Wisdomics-Gracenomics.

Douglas’ genius was his knowledge of the subset of double entry bookkeeping known as cost accounting, its convention that all costs must go into price and consequently of the extremely important macro-economic insight derivable from applying calculus to the datums found there, namely that the economy is in a continual state of disequilibrium.

This is in fact the missing reflective micro-foundational insight that DSGE never found and that macro-economic disequilibrium theory is still missing. And again, my Wisdomics-Gracenomics builds on this by applying certain cutting edge physics insights, fleshing out of the core underlying philosophical concept upon which both classical and modern economics is based and the logical alignment of policy to it in the digital monetary and pricing systems so as to saturate modern economies with the new monetary paradigm of Direct and Reciprocal Monetary Gifting.

As Wisdom and true progress have always been the thorough integration of seeming opposites integrating the insights of Haq and Douglas and the policy application of Wisdomics-Gracenomics would appear to be in order.

I watched a group of conservative and liberal advocates on CNN this AM discuss and acknowledge the truths on both sides of their seeming opposing viewpoints on politics and economics. This of course is a good thing, but there was still no discussion of how to actually integrate those truths, much less the necessity of same. This dramatizes the barely conscious awareness of Wisdom and hence the feeble willingness to apply Wisdom and Wisdom’s very process….as formulated by The Cosmic Code.  Such is the value and applicability of that code, that formula, that model for the intellectual understanding of Life….and even more importantly for the personal experience behind and within that code which is grace and its integratively personal and active form, graciousness.

Contemplate Wisdom and its pinnacle concept and experience, grace, and then apply that loving understanding and you will lose nothing of actual value, lose no knowledge of the world, how it works and how to effectively deal with it, and you will gain the deepest, most potent realization and knowledge that you will ever there after have….that is, that you actually are, that you actually exist and that cultivating that knowledge is the way out of the all too prevalent shallowness, purposelessness and obsessive contentiousness of modern life, and the way home to a life of immensely increased love, joyousness, personal productivity and personal effectiveness.

…the most complete analysis of and model for the most basic cosmic reality.

So the cosmos is the trillion to the trillionth power separate things available to be experienced and utilized and simultaneously a unitary whole. Whole because consciousness, which is an integral aspect of the cosmos itself, is the unifying, flowing underlying and most essential factor that one can become more self aware of and so know that such is true.

Ken,

“Curiously, complexity does include equilibrium. A moving equilibrium.”

Yes it does. A dynamic equilibrium in other words. A dynamic equilibrium assumes at least two interacting factors/forces that CONTINUALLY balance out….even within the process of each moment, i.e through Time. But a mere statistical/stochastic equilibrium is a momentary one, and in that sense is actually a full stop…which violates the temporal universe reality of the flow of both Time and everything within the temporal/time universe. Now DSGE assumes that it has done this, but it actually violates the nature of the temporal universe PROCESS…as well as didn’t see the GFC coming nor wisely corrected what caused it….which was the underlying disequilibrating ratio/reality that modern technologically advanced capital intensive economies CONTINUALLY create a greater rate of flow of total costs/prices to total Individual incomes.

So what IS the solution? The INVERSION/TRANSFORMATION of the problematic ratio above via an abundant universal dividend (after several centuries let the labor market adjust to abundance instead of scarcity) which indeed will create a dynamic moving equilibrium PROCESS, and then, just to maintain that process in an inevitably not fully rational or ethical world where powerful corporate and financial interests whose wealth and whose enforced monetary paradigms might try to disrupt and co-opt even an ethically beneficial system for all, you prevent such by strategically implementing a price discount policy of sufficient percentage at each of the full stopping points throughout the entire economic process which becomes “an offer such economic entities cannot refuse” and at the same time such policies break up the monopolistic financial paradigms of Debt and Loan ONLY.

wisdomicsblog.com

RA,

You’re right Chaos Theory itself has nothing constructive to offer us in economics…..except to remind us that humans cannot long survive in a chaotic environment/system and also that the answer to chaos is rational and ethical control which is one of the definitions of Wisdom.

Viz economics this means that if the economic system is in continual flux/chaos the wise thing to do is to craft and implement policies that encompass the entirety of the process so as to stabilize it, and also find the stopping points within the flux/chaos where policies can be implemented for maximum beneficial effect for all.

One of the earliest insights of Wisdom that comes to us via the Rig Veda is that the temporal universe is in a continual process of Starting, Changing and Stopping so Wisdom has been aware of chaos much longer than modern theorists have, and begs us to deal with it in as rational and ethical a fashion as we can….via the closer and more complete look that is Wisdom itself. Economics requires Wisdom which is the lesson of chaos.

wisdomicsblog.com

Those not busy living fully…are busy dying without Wisdom, Joy and Grace.

…as well as the ability to decipher practical and resolving places and times for policy implementation. Most economists and politicians have never studied or attempted to apply Wisdom to the economic system and that is why there is so much confusion and error in their viewpoints.

c copyright 05/19/2017

Steve Hummel

Paradigm changes always involve the inversion of primacy of the old and new paradigms.

Paradigm changes always involve transformations of primary and pinnacle problematic issues/forces/structures.

Paradigm changes are true and authentic integrations, not mere compromises or amalgams which violate the conditions and/or definitions of integration.

Integration is the very process of Wisdom which is necessarily a trinity-unity-oneness-wholeness-process which integrates only opposing truth(s), only the highest workabilities and applicabilities, only solutions as opposed to palliatives and the highest ethical considerations of both sides of the opposing duality…to the point of actual thirdness-newness-oneness-wholeness-ongoingness/process.

The Cosmic Code of Wisdom is the trinity-unity-oneness-wholeness-consciousness-process:

[ (A x B)    G/C ]  stated as: An integrated Duality within an integrative trinity-unity-oneness-wholeness-Grace/consciousness-process

The natural philosophical concept that underlies, enables and directs all true human progress, all significant scientific breakthroughs and all paradigm changes is Grace and one or more of its many aspects.

The natural experience of Grace is the complete integration of Space, Time and self awareness and its Cosmic Code expression is:

[ (Space x Time    self awareness ]

Trinity-unity-oneness-wholeness-process is replete throughout nature, logic, mathematics, the human psyche and science. (the scientific method itself is a trinity-unity-oneness-wholeness-process, although it too often degenerates into a mere intellectually fragmenting and reductionistic process unless it is informed by Wisdom-Integration-an aspect of the philosophical concept of Grace/Consciousness as, again, are all significant scientific breakthroughs)