Correct Analysis of Significance of Factors is Directly Related to Significance of Reform

Positive purposeful activity, whether as employment or other self determined means, must be the objective of any enlightened society, and all of the society’s institutions need to both diligently acculturate that in the minds of their citizens….and recognize that the set of purposeful activities is much larger than the set of employment possibilities. And the option of an employment guarantee as policy for those desiring or requiring it fits seamlessly within the latter set.

Integrate the above truths with the moment to moment modern macro-economic fact of an inherent scarcity of total individual incomes in ratio to total costs, the increasingly disruptive erosion of aggregate demand by artificial intelligence and the monopolistic control on credit creation as well as the restrictive vehicles for which distribution of credit is allowed (only as loans and only for production/employment) and the necessity of providing an abundant (not just basic) monetary gift of money and a means of reversing the cost inflationary nature of modern economies to a cost deflationary vector, becomes the more inclusive analysis, more resolving set of policies, and the deeper psychological examination of the individual’s needs.

Me:  @CharlesJ,

“I presume that when you say “individual incomes” you are talking about household incomes (because across the economy as a whole income must equal spending as a matter of accounting).”

They are equal as a matter of the surface level of accounting of total debits and credits, but not in “on the ground” reality as savings, investment, etc. disequilibrate them. Furthermore as modern economies become more and more capital intensive the costs of depreciation, obsolescence and waste, all of which must go into the flow of total costs and by cost accounting convention into the flow of prices, will increase this scarcity disequilibrium between total individual incomes and total prices. Also, according to reputable researchers AI is going to eliminate jobs at a rate at least 10 times faster than it has ever done so before. Finally, credit/money injected into the system via enterprises and so via employment cannot resolve the above inherently cost inflationary system as it will re-initiate that cost inflationary reality. The policies of a direct gift of money to the individual and a discount to prices at retail sale are the only policies that actually are able to resolve the inherent problematic ratio. Having said this a job guarantee as an option for those who for whatever reason would prefer employment over other self determined purposeful activities would be fine so far as I’m concerned.

“credit by definition can only be in the form of a loan as that is what “credit” means,…”

Just like austerity that is the idea that the private banking system prefers and habituates individuals to think. However, monetary grace as in gifting explodes that notion and is the new monetary paradigm and policy that integrated into the debt based system will prevent the historical oppressiveness associated with both private and public institutions.

The Cosmic Code is the identification of both the process of Wisdom and its pinnacle expression and experience, the highly conscious state known down through history as Grace, Tao, Brahman, satori/kensho, etc. The Cosmic Code reveals that dualism is real and that sufficiently integrating a legitimate dualism actually results in trinity-unity, a third more whole, more truth containing and unified state of mental or systemic flow. The Cosmic Code is exactly described as Duality integrated within an integrative Trinity-Unity. The Cosmic Code is thus applicable to any given personal situation, systemic state of reality or other temporal universe problem and so is a legitimate TOE (Theory of Everything). The Cosmic Code is the formula for conscious Life and Living, and so the elevation and maturation of both the individual and of Humanity’s various systems. In a Dualistic, overly contentious and reactionary world the unifying, peace inducing and flowing result of applying The Cosmic Code is severely called for.

The Cosmic Code Enables the Integration and Resolution of Opposites and So Exposes and Eliminates Monopolies and Incomplete Orthodoxies:

The Cosmic Code Applied To Macro-economic Policy

The Cosmic Code Applied To Personal Growth and Consciousness

The Cosmic Code Applied To Politics

The Cosmic Code

Wisdomics/Gracenomics: The Way Out The Way Home

Wisdom: The Integration, Elevation and Maturation of Self and Society

Integration: The Process of Wisdom and Self Empowerment

Grace: The Aspects, The Empowerment, The Reality

An Ethic of Integration and A World of Grace

The Wisdom of Humor and A General Mindset of Silly Assed Playfulness

Focusing on and Encouraging Strengths and Abilities, Widening and Deepening Interests

What I do not understand is the idiotic one way thinking of economic theorists, politicians and other so called “leaders” of society. All of the neo-liberal group think, xenophobic, militaristic and mutually exclusive political rhetoric and the equally exclusionary thinking of religious groups is more ideology in search of justification, preparation for battle and/or endless unnecessary contention and grasping onto surface identities instead of seeking the focus, contemplation and clarity that a wisdom tradition can bestow upon the individual and society. The modern world cries out for Wisdom and the integration, elevation and maturation of purposes it can bring.

It is thus the most inclusive and most underlying state as well. Grace is resonance.

While it is historically accurate that government has been either the conscious or unconscious dupe of the business model of Finance which is the real power “behind the throne”, the cynicism engendered by these individuals is largely mistaken. As Faith and Hope are stepping stones to Love which is of God and Grace, which is Love in action, then cynicism is a block at the start of that entire process. Power unbridled and un-transformed by Grace is errant, while cultivating personal graciousness and demanding policies that effect Grace in all of its aspects in the economic and monetary systems is Wisdom, and the most solid rock upon which a movement for permanent reform needs to be based.

Wisdom is the best state of mind or systemic state. The Process of Wisdom is integration. The definition of an integration is the inclusion and combination of only the relevant particles of truth, workability and applicability in what appear to be opposing ideas, philosophies and policies.

Economics, probably more so than any other discipline and system, is plagued by the unwillingness or apparent reluctance of its intellectuals to integrate. As the economic state of any society continuously impacts the mental, emotional and physical well being of its citizens, stressful economic times are probably the most disruptive situation for a nation. One would think this would make economists and policy makers more willing to find integrative solutions to the economy’s problems.

Let us bring Integration and so Wisdom to Economics.

Grace is a heightened awareness of the stunning reality of space, and of its energy potential. If Humanity simply becomes conscious of it and/or technology is able to tap into it, our social and energy problems will be exposed as anachronisms.   Steve Hummel 09/11/2016

The Gap between the moment to moment ratio of total individual incomes and total costs is (among other factors) indeed caused by a flaw in the cost accounting conventions which enforces the additional flow of depreciation costs into each financial and productive cycle.

However, an even deeper and more subtle barrier to its resolution and consequent economic freeflowingness is non-comprehension of the fact that the spacio-temporal universe abhors a vacuum/stasis/equilibrium and hence the moment such is attained, in the next moment it is once again lost. Hence, only “a higher disequillibrium” where the moment to moment ratio of total individual incomes exceedes total costs will the system truly attain and maintain”escape velocity”, orbit and free fall.