The directness and immediacy of effect of the dividend and discount policies fully, costlessly and completely overcome the factor of Time/reality of time lags in the economic system, and enable an actual moment to moment balance, equilibrium and free flowingness to the economy…or as much as is possible in the temporal universe, their virtual equivalence.
An Integrated Duality Within A Trinity-Unity: The Anatomy of Wisdom/Grace/Consciousness and the Cosmos Formula
Posted To Steve Keen youtube Video 08/24/2015
China is important enough that this will have mid term lingering and nasty effects, however as the wrong thinkers/thinking still prevails and the system is complex and large it can still trundle along for literally decades inflicting continual…and completely unnecessary pain. All the more reason to act quickly, decisively and most especially thoroughly with actual and complete policy solutions as opposed to a palliative. That solution has three aligned and reflective aspects: 1) A modern Debt jubilee 2) A universal and variable Dividend to the individual 3) A macro-economic computation of a retail discount percentage applied to all retail products and services including the retail product of Banks, namely loans whether they be direct or through intermediaries like home builders etc. The latter two policies need to be permanent as the system itself will continue in an inherent state of disequilibrium of the ratio of total costs/prices to total individual incomes simultaneously produced that is enforced by a flaw in the conventions of cost accounting (all costs must go into price) that for micro-economic knowledge and signaling purposes is quite rational and correct, but which MACRO-economically insures the above described disequilibration….unless costless, i.e. monetary policies and policy effects that are direct to the individual and free gifts are implemented. A new paradigm of Grace must be integrated into profit making systems or they will cease to exist.
Post to Ellen Brown’s Forum Regarding Interest etc.
“Interest is the theft of labor.”
Rather Finance has usurped the value of our heritage of productive capacity with its monopoly on credit and its claim to ownership of the credit it creates out of nothing…..and the only way to resolve that problematic systemic imbalance of power which arises as a result of the flow of total costs and so total prices always exceeding the flow of total individual incomes…is a costless supplement to individual incomes, i.e. a gift….because it doesn’t add an additional cost to either the individual or the system. Monetary grace/monetary gifting…the new paradigm for the economic system.
Art and Philosophy As An Indicator of Modern Folly
All of the tortured machinations of a Michel Foucault or sweating anxieties of an Albert Camus (and numerous others) while undoubtedly artistic and interesting ought most importantly be recognized as being the result of Modernity’s complete forgetting and/or negation of Wisdom which is the process of integration and unity, whether personally, intellectually and/or systemically. In all of the world’s Wisdom traditions the concept and experience of oneness and flow is the height of Wisdom. This state goes by several names like satori/kensho, Atman and in the West Grace. Hence Grace is the pinnacle concept/experience of Wisdom and Wisdom is the process of integration itself. The above artists and intellectuals, partly because of their own demons no doubt, but even more so because of the lack of awareness and even more scarce practice of Wisdom in the modern world, got caught in the overwhelmingly negative actions and internally stymieing emotions of non-integration.
In order to avoid such fascinating/horrifying personal dramas from becoming national and international historical realities integration via the pinnacle concept/experience of Wisdom, i.e. Grace must be practiced personally and applied generally and most urgently to the monetary and economic systems.
Continual personal integration toward Grace and integrative systemic policies perfectly aligned with and reflecting Grace are the way forward.
For those who misunderstand the macro-economic nature and effects of….a macro-economically derived discount to retail prices…and how it enables an integration of macro and micro-economics and saves profit making systems from themselves
Micro-economics is rightly concerned with and ruled by cost and profit. Macro-economics is aggregate numbers whose purpose (supposedly, but seldom actually is) to discover the reasons for disequilibriums in order to craft policies which will create the classical goals of economics, namely balance, equilibrium and flow.
As macro-economics is only about aggregate numbers and what they mean, AGGREGATE diminutions to money like profit, savings and taxes, and excess costs like interest, replacement of equipment and facilities, plant charges of whatever nature, re-investments of profit and savings and both normal waste and politically enforced waste….are all simply that, that is waste…in the eye of macro-economics.
Again, the above macro-economically conceived waste are aggregates, and they all are either diminutions to the circular flow of money or additional costs over and above the cost of original deposits of financing.
If the discount ratio consists of ALL these aggregate numbers and factors and effect both the numerator (diminutions of money from the circular flow of the economy) and the denominator (excess costs over and above original amount of financing)…then THE TOTALITY of them is erasable by their input into the ratio formula of the discount, resulting in a percentage which would equate the costs of total INDIVIDUAL consumption and total costs/prices of production…INCLUDING ALL BUSINESS CONSUMPTION AT RETAIL…BECAUSE THAT FIGURE IS NOTHING BUT AN UNCONCLUDED AND ADDITIONAL COST OF PRODUCTION AS WELL WHICH OCCURS WITHIN THE GIVEN PERIOD THAT THE DISCOUNT IS FORMULATED FOR AND SO MUST ALSO BE ACCOUNTED FOR.
Thus the percentage of the discount would not merely reflect some smallish percentage of (already fudged) consumer price index of inflation that perhaps reflects only monetary inflationary effects, but that percentage plus the percentage created by ALL cost inflationary effects as per above as well.
Profit making systems are monetarily and cost inflationary, and thus inherently economically unstable as Steve Keen has recently RE-discovered…nearly 100 years after Douglas initially recognized it. And rebating of the TOTALITY of participating merchants’ discounts back to them enables an evolutionary resolution of that inherent instability, saving such systems from themselves and effecting not just an equilibrium of costs/prices and individual incomes actually available moment to moment in the economy, but actual price DEFLATION as well and all of these effects in one fell swoop.
Trinity
Wisdom/Grace/Trinity/Consciousness is/are one seamless, on going and continual integration.
Trinity: Primacy, A Priority, Necessity and Reality
You have to fully understand, that is experience, the reality and necessity of all three of the aspects/component parts of Trinity before you can fully understand and experience its Unity. That and the fact of the primacy of ethics exists within and because of consciousness itself. Grace, necessarily consisting of an integrated Duality-Twoness necessarily contains an ethical (Duality of Self and Other) viewpoint.
Also, Grace/Trinity/Consciousness is a priori. When was the last time you picked up a pencil…and then decided to do so? Like, never.
Also remember, apropo the electric universe paradigm, electricity is one of the fundamentals of the physical universe and a Trinity itself:
[ (+ X -) Electricity ]
[ Electro (gravity as in the magnetism of Twoness and/or within or as a result of Threeness) ]
But without the reality and component parts of each there is no effect of Unity-Oneness.
The Aspects of Grace/Trinity/Consciousness Need to Be Understood and Applied
If you truly understand both the immensity of total and excess costs and the all encompassing scope and nature of the dual mechanisms of Social Credit you begin to see both how comprehensively true they are, and how large the dividend could and should be. The dividend and discount together bring balance. Their nature together IS balance because they completely integrate the solutions to the dual inherent problems of the economy, namely a continual scarcity of individual incomes and the cost inflationary nature of commerce itself with the current conventions of cost accounting remaining in effect. They also completely integrate the micro and macro-economic aspects of those two problems because they do in fact deal with both the micro and macro-economic aspects of those two problems. They also deal with the indirectness and hence temporal/Time inadequacies/failures of all other theory’s policies…with directness and hence the simultaneity that directness of policies actually effect. And because Social Credit’s policies are wisdom they see, deal with and resolve not only the ideas that hold the economy’s problems in effect but also with the temporal aspects and so the concrete effects of the economy as well. Social Credit’s philosophy and policies (a Duality itself) are the continual integration and hence the resolution of Dualities resulting in the continual reality of Trinity/Grace/Flow/Consciousness. And Grace itself, its aspects are not sparse, occasional, austere or in any way wanting or unsatisfying, rather they are more than adequate, continual, abundant and hence completely satisfying.
And that is why the dividend must and will be the same as the latter above. So let us not adhere to or carry over into the integrated Duality within Trinity that Social Credit actually is, any of the flawed thinking, policies or aspects of either capitalist or socialist economic orthodoxies,…only their truth(s).
Going All The Way With Trinity-Unity
If you integrate a Duality and yet either retain some of the inapplicabilities or unworkabilities of one or the other, or fail to see that Trinity is also Unity and thus Unity will never actually occur unless the integration is complete and only composed of the truth(s) of all three components…then you’ll miss the fullness of it and fall back into the inevitably contentious state of Duality and hence incompleteness. Also, if you do not consider the relative importances of the Unity’s component parts , especially the essential and humanly inherent importance of ethics…you’ll never cross the Rubicon into the flow of Grace. This is not a call for orthodoxy, ideology or gross morality…it is a call for a complete understanding of the aspects of the concept and experience of Grace ITSELF. How can Grace be a rigid and ossified orthodoxy of either moral or human systemic nature? Grace is flow, it is change, it is continuous change….and conscious perception of that fact and reality. Grace is Bothness-Duality and the validity of both sides of the Duality. Grace is Both/Andness-Trinity/Unity and both the validity of all three aspects of same…and of their unity. And ethics is the inherent Bothness-Duality of how each individual action in every moment of Time involves the twoness of oneself and the other, and also the Both/Andness thirdness of ethics ITSELF.
A Life of Grace is the continual integration of Duality and hence continual Trinity-Unity.
Some in fact would say that Grace is actually only becoming aware that unity is not possible until one fully understands and experiences the fact that the Grace is the ultimate Trinity of Space, Time and Self Awareness-Consciousness.
Study Wisdom and its pinnacle concept, experience and nature,…Grace/Trinity-Unity.