The integrative mental progression, expansion and deepening process.

Profit is ADDITIONAL money over and above operating costs. When you always generate a scarcity of individual incomes in ratio to total costs in every enterprise you have a macro-economic scarcity of same, and just dumping more money into the system re-initiates this same effect….you still are saddled with an unstable system. Economists need to awaken to this fact, and that is when they’ll see that A DIRECT PAYMENT OF ADDITIONAL INDIVIDUAL INCOME….is the only thing that will save modern technologically advanced profit making economies

She brilliantly shows within the first couple of minutes how the Chinese simply create the money needed to pay off unpaid debt….and thereby cancels it. If the money system is digital and the loan is to yourself (the Chinese government) why hobble yourself with repaying it…unless of course you’re obsessed with pain and suffering, i.e. you just have an authoritarian mind. Of course with Social Credit for the government which is western finance “with Chinese characteristics” you also DO have the problem of building bridges to no where or high rises and malls that are ghost towns and hence a tendency to incredible waste and over usage of resources.

If you had Social Credit for the individual with a middle class Dividend and a deflationary Discount you’d have immediate individual freedom AND free flowingness of the system…..and a vector toward increasing freedom for both ….despite innovation and AI destroying employment.

The money system is digital, + and – , debt and repayment. You simply have to utilize that fact and that tool…as a means of creating individual freedom and systemic free flowingness rather than creating a public monopoly or leaving the current private one intact…both of which will morph into tyranny….unless its POLICIES are MANDATED to create freedom. And the combination of Social Credit policies and a tri-level banking system of National Credit Office, Public Banking as Ellen has enumerated many times and a de-throned, de-toothed and neutered private system of intermediation of only priorly earned and saved money, but no powers to create/leverage up such funds.

**************************************************

Making it clear in the first post…A loan IS an obligation to repay, however, if there is a macro-economic scarcity of individual incomes the “game” of repayment is rigged to be lost by the most businesses, particularly new and smaller start ups, and we see that this is a statistical fact. And that fact means oligopoly and corporate “global reach” is and always will be the trend. Unless of course you remedy it in the name of individual economic freedom and systemic free flowingness with a Dividend and Discount.

And the problem that Austrians are always harping about, malinvestment, is remedied by honest, non-self interested and rigorous underwriting…like a Public Banking system would be much better able to accomplish.

Three in oneness. Space, Time and Self. Exactly the way the Quantum universe and/or the trinitarian electro-magnetic force is two charged interacting particles and the unitary energy of electricity.  Conceive it, contemplate and understand it and experience it as so. Grace the deepest concept in the cosmos.

Neither has a sufficient experience of or appreciation for the fullness of the concept to effectively relate to it, nor the inclusive ethic to incorporate it. This despite the fact Grace as in Gifting is the very foundation of the religionists, and grace as in actual openness to and inclusiveness of all relevant data the foundation of the scientific method. Bias and orthodoxy hide in plain sight all over the place and inhibit knowledge, learning and progress both inwardly and outwardly.

If Wisdom is valuable, the process of integration is the process of Wisdom itself, continuous integration is Grace/flow itself and the classical and beneficial goals of economics is flow as well, then why is Grace not the target of economic theory and policy?

Disequilibrium as in continuous change is actually the higher equilibrium known as Grace/Flow.

In a monetary economy money is the life’s blood of both the individual and enterprise, and being basically an agreement can be conceived of as a non-entropic reality in economics which is otherwise utterly embedded in the temporal universe and thus is entropic.

In the micro-economy every enterprise must recoup its original costs plus the costs of replacing whatever productive machinery and facilities it has or will need. This the most basic disequilibrating and entropic condition of any and all enterprises and leads to break down due to costs as a flow exceeding individual incomes as a flow.

Integrating the inherently entropic and cost inflationary nature of the entirety of the micro economy with the macro-economic non-entropic nature of money in a costless, i.e. a direct to the individual monetary gifting fashion will enable both the freedom of the individual and the free flowingness of the system.

Integrating factors is the process of combining only truths, applicabilities and workabilities of the subject at hand plus any ethical factors that are being missed, plus any foreseeable future factors as accurately as possible.

There is nothing wrong with research, discussion and debate, but not having enough of an openmind to imagine further integration is a fatal flaw. Hence thirdness/oneness must be an ethic built into the intellectual process. This is the essence of the integrative process.

Discovering a concept that has “bothness” as a process (integration/wisdom) and that if adhered to thorough goingly leads toward a thirdness that is more unified (flow-Grace-gracefulness) than the duality from which it is derived….is precisely what economic theory and policy need.