And so it is also both elemental and emergent. Understanding this is simultaneously revelatory, ecstatic and profoundly grounding.

Douglas discovered the additional costs of the depreciation of fixed capital as well as other additional costs inevitable in the production and maintenance necessary in the productive/economic process. My Wisdomics-Gracenomics several years ago took into consideration the economic costs of energy and waste due to the laws of thermo-dynamics

The latter at 1:36:10  placed in the Cosmic Code is:

[ (Integrate “put in” truth “What you want”  x  Delete “get rid of” untruth “What you don’t want”)  <–>   “Keep it balanced” ]

Balance of course being not only one of the classical goals of economic theory, but also a major aspect of both love and grace.  As one can see that the trinitarian mental form holds and is clearly there in his statement and in his advocacy of dialectics which is a trinity-unity-oneness-process itself as well as the duality (factors within the parentheses in The Cosmic Code) within a trinity-unity-oneness-process.

Finally, we can also see that my statement that every scientific/”realist” truth is actually an inversion of a deeper and more relevant spiritual truth. In other words the laws of thermo-dynamics while being correct observations of temporal universe effects actually miss the underlying reality from which these physical temporal universe effects arise out of, namely the incredibly abundant energy locked up in matter at the atomic/quantum level, and again the laws of thermo-dynamics are simply the observation of the dissipating “boil off” of the electro-magnetic/wavelength/plasma/energy effects of same. These economic insights were all perceived quickly, comprehensively and deeply via Wisdom, its process and the thirdness causes and effects of that process modeled by The Cosmic Code.

The Scientific method, itself, while again a wonderful and useful tool, is hampered by its orthodox and religious application and is so 18th century when the current pace of change requires a faster, more inclusive and more deeply and comprehensively insightful process like The Cosmic Code….which by the way economically and monetarily integrates both Keen’s inverted thermo-dynamic/free energy theory of value with its philosophical-spiritual-economic theory of value which is monetary grace as in the free gift.

And That is what Wisdomics/Gracenomics is and does. It ascends (spirituality) by intellectually integrating (wisdom), by embracing (love) and acting with same (grace).  There is absolutely no conflict between the intellect-science and the philosophical and spiritual and each and all realities are unified, respected and applied within it. I have been saying for a couple of years that the insights of thermo-dynamics must be integrated into Social Credit. As total costs exceed total individual incomes and energy is randomizing when put to work its costs will ever increase as will the costs of waste as a result. These costs are in addition to the valid insights of Social Credit regarding ever increasing fixed capital depreciation costs as well as the costs of waste.

Also as The Cosmic Code is an integrative formula and inclusive and unifying philosophy-spirituality, all of economic theory fits within its mindset and its economic policies are both relevant  and resolving. Furthermore, I came to the above conclusions more quickly as philosophy and wisdom-spirituality are more integrative and encompassing bodies of knowledge and hence the leaps in knowledge come directly and instantaneously as opposed to science which is a wonderful and necessary tool, but all too often hampered-slowed by its reductionistic method. Again, Wisdomics-Gracenomics being fully integrated with science and yet having the additional tools of wisdom-spirituality is able to see the correct policies and how they would be effected….much more quickly and fully.

Sophistry is a merely dualistic philosophical process which confuses via its claim that distinct realities are the same and/or that ethics is not or should not be the operant factor, so long as it does not become obsessive itself, in any given situation/condition in Life. And this is why philosophy requires the completing thirdnesses of wisdom and religion/spirituality.

Everything in the physical-temporal universe follows the process of Start, Change and Stop. Wisdom is being conscious of each and all of these inevitable steps, the entire process as a whole and how best to relate to and/or apply such knowledge. Again, this reality is embedded in and occurs continuously in and throughout every aspect of Life. Obsessing about one, two or all of the steps in this process without considering the whole of the process and its meaning results in unconsciousness, suffering and ignorance. Conversely consciously understanding and living in accord and at one with this utterly basic reality is the very definition of balance, flow, equilibrium, happiness, inner power, love and a life of grace and graciousness. It is also the key to attaining and maintaining all of these states in Man’s various systems.

Insisting that reality is dualism only is a modern idiocy that habitually does not look closely at reality and/or refuses to do so. Two examples of this are breathing and “science”. A typically modern perspective on breathing is that it is a dualistic process of inhaling oxygen and exhaling carbon dioxide when it is actually the trinity-unity-oneness-process of the unconscious decision/need for oxygen and the actions of inhaling and exhaling. Likewise science to most people probably including most scientists is the comparison of data to a hypothesis when its is actually a conscious hypothesis and then the dualistic process of consciously comparing data to it and consciously evaluating its agreement or disagreement with the hypothesis. And so one sees that the process itself is a trinity-unity-oneness and that the subtle  but essential component of actually seeing it as such is the factor of consciousness itself….which however vaguely perceived or self actualized is key.

Trinity-Unity-Oneness is the conscious perception of both physical and spiritual process-reality, and as we see from the breathing example is also reality whether it is consciously perceived or not.

Actually, ultimate and continual reality is a Trinity-Unity-Oneness-Allness-Eachness-Process because each and all of its realities are real…and conscious perception of all of these aspects is the key to seeing them.

Finally, the concept and personal reality of grace, being a Trinity-Unity-Oneness-Allness-Eachness-Process of space-time and self awareness, it is the concept that fully encompasses all of the above and is hence the concept applicable and necessary for full understanding in any sphere of life and living…..and economics, economic theory and monetary policy, as they are systems that intimately, continually and comprehensively effect human life, are the most urgent and key systems-bodies of knowledge that grace need be applied to.

Good attempt at integrating the BIG and JG perspectives. Personally I’m not that concerned about any “problems” associated with a universal dividend. 90% of us find purpose even under the present austerity and I suspect that even more would find the same under the relative prosperity available with it. Even so I think the best way to prepare us for a post scarcity economy would be to re-define the concept of full time work into 20 hr/wk of employment 20 hr/wk of volunteerism and/or self determined positive, constructive purpose plus a $1500/mo. dividend to everyone 18 and older. This would keep the labor market robust even with the virtual certainty that innovation and AI will destroy employment at a rate 20-30 times faster than it ever has before, allays any authoritarian fears that “everyone will become lazy” and also costlessly injects needed demand directly into the hands of individuals so that the economy will flow freely….like general equilibrium theorists dream it does. Of course if one wanted to work 40 or 60 hrs/wk and their employer wanted to retain them that would be fine and they wouldn’t have to do any volunteering while still receiving their dividend, and of course someone who just wanted to take care of their family would also still receive their dividend. Purpose trumps employment after all.

Actually we’ll want to implement another macro-economic policy strategically placed at retail sale where merchants would give say a 40% discount to consumers and then all of the merchants’ discounts would be rebated back to them by a monetary authority mandated to specifically do that. This would not only prevent any price inflation, but actually integrate price deflation harmlessly and profitably into profit making systems.

Of course the present monetary and financial authorities would resist this, but if we are smart we’d start a grass roots movement to communicate how the above two policies are in the interests of the small to medium sized business owner as it would insure a steady stream of additional demand for their products/services and enable them to sell them at 40% less than their best competitive price….while getting that full price. It’s what I call the new Steve/Powell Memo.

As David Graeber has shown us finance has been the problematic business model for at least the last 5000 years. I’m not interested in destroying finance, only de-throning and de-toothing it so it can take its correct and smaller place along side every other business model.

In order to de-hypnotize themselves and the general populace from the dominating monetary paradigms of debt and loan ONLY economists need to integrate monetary gifting into the debt based system.

wisdomicsblog.com

Couched in The Cosmic Code that would be: [ (Employment x Profit)  <–>  Purpose ]

Today I got posts in my email by both Billy Mitchell and Mish Shedlock regarding basic income guarantee. This post is an attempt to answer their reactions to it and the alternatives they propose or do not propose.

All personal income over $50,000,000/yr. and all corporate profit over $500,000,000/yr. would be taxed at a rate of 90%, all funds going into research about how to produce more with less resource usage, research into alternative energy production especially solar and planetary electrical, research into ways to make use of public infrastructure and resources more practical and individually palatable and research into mental strategies and techniques to promote increasing love and self awareness in the midst of life and living and also into how to prevent and correct human obsessiveness.

In other words the wisdom of process, flow, free flowingness.