History rhymes so proficiently because we don’t actually solve problems….we only palliate them, or in the case of the DSGE/austerity mindset…deny them until they fester and explode back at us in the all too familiar and perennial human mindset flaws of fascism, racism and private financialism.  Man is a flawed but basically good being. It’s about time we started enabling and encouraging that goodness with a natural philosophy of grace/graciousness, and applied that philosophy to the economy in relevant and valid ways as well.

The economy is in a dynamic state of disequilibrium alright, and knowing why of course makes it easier to craft policy to handle it, but even without knowing that one can come to the same policies if you just integrate the best aspects of capitalism and socialism namely the dynamic efficiency of allocating wealth of capitalism and the intention of economic democracy of socialism. And of course you have to remember that an actual integration consists of only the truths, workabilities and applicabilities of these two theories as well as a genuine ethical intention taken as high as it can be taken…so the obsession with power and re-distributive financial paradigm afflicting both….have to “go out the window”. Throw in the generally abstracted out factor of directness of policy to the individual and the generally not adequately confronted force of increasingly disruptive AI and you’ll be getting there. Equilibrium and Disequilibrium are alike prone to orthodoxy without their integration. The mantra must be: Understand what an integration is….and then integrate, integrate, integrate….until you cognite on what the continual act of integrating….actually is. Hint: Love is the highest human emotion, and Grace is Love….in action.

Science-Duality is interesting and Religion-Duality is equally interesting, but the experience of Nature-God-Grace-Trinity-Process-Consciousness-Unity is even better, more interesting and satisfying.

{ [ (A X B) X C ] }

(A X B) = 2

[ (A X B) X C ] = 3

{ [ (A X B) X C ] } = 1

The above pattern is the same micro-cosmically and macro-cosmically.

This equation applies equally  both to the individual and to the cosmos.

{ [ (Space X Time) X Self Awareness/Consciousness ] }  = 1

The fundamental unitary physical universe energy…electricity.

{ [ (Positive Charge X Negative Charge) X Electro-magnetism ] } = 1

Apparent temporal universe “everyday reality”.

{ [ (Trunk X Branches) X Roots ] } = 1 Tree

 Atomic reality

{ [ (Proton X Neutron) X  Electron ] } = 1 Atom

Quantum Electro-Dynamics…although this equation works both ways, back and forth, atomically and Quantum mechanically.

{ [ (2 sets of 3 quarks) within three primary atomic particles] which form a unitary whole. } = 1

Cosmic Consciousness

{ [ (Quantum Electro Dynamics X Atomic Structure) X Cosmic Consciousness ] }

Assertion:  It will cause inflation

Answer:  With the Discount mechanism of Wisdomics price inflation is virtually impossible. Every business has a retail product of one sort or another except those businesses within the traditionally productive process from resource/mineral extraction to producers to wholesalers to retail. A Lawyer/Law firm’s retail product is their legal services. A Bank’s retail products are their various types of loans including mortgages, auto loans and credit cards. The Discount effects each of these products and the discount percentage, being a macro-economically derived and computed one that takes place only at retail sale where all costs for that product/service are totaled and ended can do no possible harm to any enterprise or individual. Thus the Discount is free to reduce prices by much higher percentages than any sleight or even normally high inflation rate because all costs have already been charged. And as the total of the discounts of each participating merchant is promptly rebated back to them there is absolutely no way that prices should go up. If the overall inflation rate is computed to be 3% and the discount rate is set at 43%…consumer purchasing power has just been increased by 40%…and no harm, no fuss….and no inflation.

Assertion:  You’re combining “apples and oranges” i.e. theories in an incorrect fashion.

Answer:  Incorrect. I’m combining them in absolutely the correct and necessary way in order to actually enable their proper integration ….by combining only their mutual truths, their mutual workabilities, mutual applicabilities and only their intended most ethical aspects.

Assertion:  You have to re-distribute money as Socialism demands

Answer:  Re-distributing income from one person to another insures that there will be resentment and contention between those who have and those who do not, hence it will not accomplish unity which is the product of honest and sufficient integration. Socialism’s intention of economic democracy for all is immediately and peaceably accomplished by the policies of Wisdomics.

Assertion:  Capitalism is the only theory and social system that works and raises the living standards of individuals

Answer:  Incorrect. Wisdomics would immediately raise the living standard of every citizen in the nation with its Dividend payment to each individual 18 years old and above, and also lower prices with its Discount to retail prices thus resolving the chronic problem of inflation that has plagued capitalism from the beginning.

Assertion:  You can’t increase purchasing power and have price deflation at the same time

Answer:  As just shown above, yes you can. The beauty and elegance of the Discount mechanism is its proper placement in space and time, that is at the end of the productive process and after all costs for any product or service have already been totaled. The Discount also has many other advantages to both businesses and the individual, but increasing the purchasing power of the individual consumer is first and foremost. One of the other advantages to both businesses and individuals with a sufficiently high Dividend and Discount to prices is how it will make borrowing so much less necessary in order to have and maintain a middle class lifestyle. This is freedom. This is an abundant life. This is a truly stable and functioning economy that serves the individuals and businesses in that economy….instead of one that forces the individual to serve it.

Assertion:  It will make everyone lazy

Answer:  This assumption is completely false. Even though the current system enforces austerity on the the vast majority of individuals upwards of 90% of them still find positive and constructive purpose. With the policies of Wisdomics that percentage will undoubtedly go up. There are many, many other positive and constructive purposes besides work for pay, and the individual will have much more time and resources with which to pursue those self chosen purposes in a Wisdomics economy. Furthermore, in a Wisdomics economy people will have absolutely no excuse for blaming either the government who has so graciously administered to them their economic freedom and security via the universal Dividend , or the businesses who have equally graciously extended a large discount on their prices so that their purchasing power is even more increased. I envision a society where people chose their self determined activities and purposes and who are much more happy and free as a result. I also see the helping professions both religious and psychological becoming a much larger part of the economy to help anyone who for any reason be it chemical or merely poor or unfortunate decision making to lead a constructive, productive and more creative and fulfilling life than now where so much of our time and efforts are caught up in often involuntary and personally uninteresting work for pay.  A Wisdomics economy will also be a Wisdomics society in general, and Wisdom is the most rewarding, most pragmatic and most conscious and fulfilling activity there is.

Assertion: It will never be passed.

Answer: Of course it can be. It has readily understandable and very concrete and empirical policies that actually address the deepest problems of advanced economies. According to recent sociological research all it takes is belief in a set of policies by about 10% of the populace…and it is almost inevitable that such will actually be implemented. Cynicism is irrelevant and even a stumbling block to success where necessary change is concerned….and the end of systemic enslavement of the individual and the traditionally productive business entities of the economy…is absolutely necessary.

Question:  Where will the money come from to pay the Dividend and Discount rebates?

Answer:  From a financial account that reflects the total value of every capital structure in the economy plus the monetized value of our heritage of the productive capability accumulated over the last several centuries, i.e. “progress” which is the inheritance of everyone equally. Banks create money out of nothing. Wisdomics will create the money needed to make the economy function and prosper…out of the value of the “on the ground” assets all around us and the incredibly increased productive abilities of past technique and  process, and also the ever increasing present and future march of innovation and Artificial Intelligence as it passes into the public domain. Thus unlike now where the Banking/Money system forces us all to continually “re-invent the wheel of progress”….its ever present, stark and increasing value will be the inheritance of all.

Question:  

Answer:

Correct. You can throw out virtually all of the delusion surrounding DSGE like rational expectations, marginalism etc. etc. We have a monetary economy and money is basically accounting which equally basically rules the micro-economy. Splashing around on the surface level of debits and credits will also tend to make things appear DSGE-like. What you want to do is go to the cost accounting level of any and all enterprises which is the 3 and 4 dimensional real, on the ground, empirical non-abstract level. There you will find the statistics to do the calculus on that will show economists where the disequilibrated state of our economies arises out of.

The Dividend raises the rate of flow of individual incomes, and the Discount lowers the rate of circuit velocity of money’s cancellation. The latter mechanism, the Discount, because of its position at the terminal end of the productive process itself at retail sale to an individual is also the place where all costs for any item or service are summed. Thus, because the discounts are fully rebated back to the retailer, the discount percentage can be a very high one which can compensate for virtually all costs over and above the cost of original finance, and do absolutely no harm to any traditionally productive enterprise.

This could increase the purchasing power of the individual’s Dividend by 50-75%. If the Dividend were $1250 and the Discount percentage were 75% that would be a monthly two parent household’s income of $4375 which is $53,500 per year. That’s instant elimination of poverty!  And a tremendous and healthy price deflation despite still being within a profit making economy!  And of course one would also have the option, and undoubtedly a better option, of finding employment because of the greater actually available individual income and the resultant general stability of the economy….in order to even further  increase their incomes.

It’s totally proactive and win-win for every individual and virtually every enterprise in the economy.

The current difference between humans and AI is actual consciousness itself.  I still have doubts that an artificially constructed intelligence can actually attain actual consciousness, but I could be wrong on that. But what we had better friggin’ hope is, that if AI ever does become actually conscious, that it also has and is completely bound to a very refined sense of Ethics….otherwise it will be the indigenous people’s of North America versus the Europeans all over again….and we won’t be the Europeans.

Structural Leadership  The leaders within an organizational framework

Executive Leadership  The leaders of the leaders of an  organization

Meta-Leadership  The leaders who see and understand the ideas behind an organization or society

Visionary  Closely related to the Meta leader, the Visionary actually sees all of the ideas and structures, how they relate to each other and generally also visualizes a new course, an entirely new paradigm that advances and even transforms the old paradigm