Economic theory and policy doesn’t need a tweeked liberal or conservative orthodoxy it requires an intelligent and forward looking financial and monetary paradigm change.
Hey Steve Keen, If Primitive Societies Began As Gifting Societies…
in order to stabilize them…why not integrate monetary Gifting for both the individual and enterprise, into the credit/debt system….and in exchange for that stabilizing Gifting their agreement not to de-stabilize such a rational and ethical system?
That way you’re continually discouraging irrational, anti-social and unethical behavior and continually enabling and encouraging freedom, prosperity and graciousness for all in the economic system….which we of necessity have to interact with continually throughout the day and our entire lives.
That kind of continually positive experience could help self actualize graciousness and raise both the rationality and sense of ethics of the entire species.
Ah, graciousness. The all too unconscious concept and experience behind all worthwhile human progress and every paradigm change as well.
Wisdomics-Gracenomics, the New Integrative Economic Theory For a Prosperous, Rational and Ethical Future
wisdomicsblog.com
Message To Politicians:
Encourage actually productive even if speculative enterprise….regulate and tax the hell out of purely financial greediness…and ban de-stabilizing casino capitalism
Get fucking real. The business model of Finance has been problematic for over 5000 years. If you can’t rise to an actually ethical solution to it after comprehending that truth subject yourself to Debt de-programing or risk getting kicked in the ass in public.
Financial Transformation First!….Rational and Ethical Regulation….right along with it!
Wisdom and Consciousness: The Fast Track Toward and Signature of Scientific Breakthrough and Paradigm Change
Steve Keen is the best economist on the planet. He’s utilized the reductive, mathematical scientific method to de-bunk neo-liberal macro-economic theory. I learned many of the conclusions he has come to from another source C. H. Douglas. In turn I have utilized my knowledge of the world’s Wisdom traditions, my own personal experiences of heightened conscious states, curiosity and some reasonable philosophical ability and done the following things:
- Fleshed out and recognized the most basic philosophical concept in the history of human progress and scientific breakthrough,
- Determined the very process of Wisdom and its pinnacle experience,
- Formulated a simultaneously reductive and integrative model one can use to resolve any part and if utilized consistently resolve the entirety of any problem, personal, temporal and/or systemic,
- Utilized this model to extend and deepen even the insights and policy prescriptions of C. H. Douglas.
- Showed how this model to integrate both the scientific method and the intuitive aspects of human consciousness greatly speeds up the looking/learning/knowing process utilized by the world’s wisdom traditions for millennia and again, how such integrative process has always been both the signature of scientific breakthrough and of paradigm change.
This is Wisdomics and The Cosmic Code
Statement of the Most Basic Reality and The Cosmic Code
An integrated op-positional or sequential duality within an integrative trinity-unity-oneness-process.
[ (A x B) <–> G/C ]
Learning to perceive this most basic reality tends to clear the mind of irrational contention, obsessive thinking, anxiety and fear. It is also the model/pattern of numerous logical, mathematical and natural truths/realities and can be applied by inputting reductive factors into it regarding any system/systemic condition in order to unify it and enhance flow. It is a dynamic interactive process which makes it completely relevant to the temporal/physical universe as well as to the moment to moment flowing reality of full consciousness/self awareness.
Posted To Ellen Brown’s Forum 05/15/2017
Nice expose of the costliness and rip off nature of the PPP process, the excellent ideas of cost efficiency and a structurally competitive duality of Private and Public Banking and the idea of “helicopter money”.
I would suggest eliminating the idea of “a multiplier effect” as it is conservative orthodoxy that Steve Keen has dis-proven, and even if it were true why give additional money in the form of taxes to the ignorant, unimaginative and/or bought, that plus taxes tend to exacerbate and are not a solution to the real problem which is the system inherently creates a scarcity ratio between total individual incomes and total costs/prices?
I would also suggest you scrap the idea that inflation will not occur or will not be high enough to be harmful as it is liberal orthodoxy that does not account for “Human Action” and inevitable demand pull inflation, that is unless you implement the policy that everyone seems to forget and that would terminally end such “freedom”, i.e. a 30-40% discount to every business model’s retail product that a monetary authority was mandated to rebate back to the enterprises who gave it to their consumers. This along with an abundant dividend would integrate/saturate the economy with Monetary Gifting having the effect of downsizing the market necessity for finance (the one insight/policy necessity/solution Steve Keen hasn’t recognized yet) hence greatly freeing both the individual and enterprise, helping to reduce the overhead costs every business must pay which also contributes to price inflation, enable us to eliminate virtually all transfer taxes and last but not least enable us to navigate the loss of upwards of 40% of current employment in the next 10-15 years causing another economic collapse, and thus not have egg on our faces when such occurs.
Integrate the new paradigm of Monetary Gifting into the economy thus, while not destroying or eliminating the old paradigm of Debt and Loan, resigning its dominating effects to the dustbin of History.
When in doubt….Integrate!
The Stupidity of Trying To Regulate Chaos and Greed, and The Wisdom of Regulating Freedom and Grace
Directness
All of the Post Keynesians and MMT theorists have the same problem as apologists for the Church had during the Reformation. They miss/resist/are only partially aware of the necessity of directness in policy/problem resolution. In other words if the economic system itself is now inherently cost inflationary then injecting money as Debt/Loan into the economy instead of directly to the individual first and also directly at the end points in the economy to enterprise….will merely re-initiate the cost inflationary nature of the system. Directness is an essential concept to be strategically applied in the economy.
Study paradigm changes and you will see that directness and other aspects of the philosophical concept of Grace and/or consciousness itself are always the essential factors in the resolution of the old problematic paradigm and the change to the new one.
Posted To RWER Blog 05/14/2017
It can be mathematically proven that interest can be paid. However such mathematically abstract a conclusion is still economic and ethical duncery because the only way that it can be paid is if we are compelled to continually borrow….until private debts are unserviceable. This exposes the dominating and problematic business model (Finance) and the real problem we face which is that the rate of flow of total costs/prices in modern technologically advanced and capital intensive economies simultaneously exceeds the rate of flow of individual incomes, and this reality is enforced by the Banking/Financial paradigms of Loan and Debt Only. Integrate the new paradigm of Monetary Gifting intelligently into the digital economic and pricing systems and you’ll have both individual economic freedom and systemic free flowingness.
wisdomicsblog.com
Posted To A Steve Keen youtube Video 05/14/2017
Your economic analysis is as usual spot on and forward looking, and your use of the trinity-unity-wholeness process of the dialectic which is the logical aspect of an integrative code/formula that is underlyingly replete throughout nature as well as the very process of Wisdom-Integration is also enlightened. That formula stated is: an integrated oppositional duality within an integrative trinity-unity-process. Now all you really have to do is apply that code/formula in order to form a duality to integrate the current monopolistic monetary paradigms of Loan, Debt and (for enterprise) For Production Only with monetary Gifting…and you’ll have the new primary paradigm upon which to craft monetary policies that will enable economic free flowingness. These monetary and pricing policies will invert the present disequilibrium-scarcity ratio of the flow of total individual incomes to total financial and depreciation costs/prices into a higher disequilibrium ratio where incomes exceed costs/prices and price deflation is harmlessly integrated into profit making systems. (A mere static/statistical equality is a full stop and violates the process aspect of the trinity-unity-process reality of the temporal/physical universe.)
Social Credit/Wisdomics/Gracenomics/ Gracientialism 