[ (What is apparent X Anything else relevant) X What is of Primary Importance ]  Scientific Method

[ (Looking X Understanding) X Experiencing ]  “cleansing the doors of perception”

[ (Birth X Learning) X Wisdom ]  Knowledge

[ (Space X Time) X Self-Self Awareness ]   Grace-Anatomy of Grace

[ (Start X Change) X Stop/Begin Again ] Cycle of Action of Physical Universe and of Time Itself

[ (Place X Another Place) X Continuous Placement ] Cycle of Action of Physical Universe and of Space Itself

[ (Create X Create-Counter Create) X Consciously and Continuously Create-Counter Create ]  Continuous and Conscious Creation-Cycle of Action of Beingness  (Being Conscious of this process is being in a state of Grace and the essence of consciousness itself)

[ (Profit X Wisdom) X Grace ]  Progress of Economics and Profit Making Systems

[ (Debt X Monetary Gifting) X Economic Balance, Equilibrium and Flow ]  Social Credit

Economics is so strongly associated with thrift if not austerity and authoritatively enforced self denial  that a concept like grace which is associated with amongst many other things abundance, freedom, free flowingness gifting, giving and joy is an absurdity to those whose thinking is ingrained with the former. Such cannot countenance the latter even if the empirical data and the calculus of their relationships shows that a gift of individual income is the only way to validly address the macro economy’s deepest problem. I have tried to get such people to actually look at the data for years and they simply will not/ do not do it. Their previously held orthodoxies and mindsets are incredible self imposed and self reinforced mental barriers. A linguistic analysis of the three major aspects and meanings of the word and concept of grace and the classical (and correct) goals of economic theory and policy are balance equilibrium and flow. Such perfect alignment and reflectivity cannot be dismissed by orthodoxies from any quarter. Grace is the “non-economic” absurdity of shallow economic common sense and economic orthodoxy, and apparently just as much the Rubicon which the vast majority of modern heterodox economic thinkers cannot muster sufficient courage or contemplative wisdom to cross. Nevertheless it is a valid economic concept as per above and a linguistic and philosophical analysis of it reveals it to be the only idea up to the task of becoming the new paradigm for economic theory and policy.

Steve Hummel 08/13/2015

In my opinion the problem is

Thinking about thinking is ultimately probably an idle activity. However, thinking about Wisdom and its pinnacle concept Grace opens up not only thinking about everything in an optimal and ethical way….it also opens up experiencing it (everything) as well.

Steve Hummel 08/13/2015

Monetary grace the free gift in the policy of a universal dividend brings simultaneity, that is the virtual equivalent of mystical union and integrated wholeness to the economic system, that is the virtual and continual equilibrium of total individual incomes and total costs/prices. Then, the policy of the discount brings actual price deflation yet within a profit making system and enables the true and continual progression of the system and the business entities and individuals within it toward freedom and free flowingness.   This is the economic meaning and the power of monetary grace the free gift of money.

All other theories are false orthodoxies, incomplete analyses, non-integratable mixtures of truth and untruth, reaction to/inversion/globalization of a particle of  truth or untruth (Marxism, Austrianian, Georgism examples).

(Difference between a micro-economically derived and computed discount and a macro one is micro is smallish and inadequate reflecting more a Keynesian analysis rather than a macro one which is truly aligned with the philosophy of Social Credit and so can equalize financial credit/costs with real credit/costs.)

Individually Enslaving Inherently Cost Inflationary Unintegrated Asymmetrically Powerful Finance versus Individually Freeing Wisely Balanced Gracious Policy Free Flowing System of Fully Integrated and Equally Powerful Business Models

What is and what we need. Descriptions of  Advanced Finance Capitalism and  Distributive Douglas Social Credit

As I have numerous times said here I admire Michael Hudson’s moral fortitude and chutzpah as well as his financialization thesis. What he also alludes to, but does not actually come out and say is that Syriza-Tsipras caved and accepted the Troika’s agenda obviously not because they believe in it, but more so… because they don’t actually believe in their OWN agenda…..even though they will defend it to others to the very end, even its unworkabilities, inapplicabilities and lack of comprehensive paradigmatic awareness.

In other words they are actually much more interested in attaining/maintaining power and control…than they are the alleged freedom they mistakenly/half heartedly think their reactionary/incompletely integrated theories will accomplish. If their government was forced out of the Euro and eurozone and things got even worse, even temporarily, it could have endangered their survival. The power and control calculation was then to accept the domination and when austerity became even worse they could play the blame card. The pragmatic truth is on a certain LOWER gamesmanship level this makes sense. On the level of finding an integrated actual solution to the deepest problem that would actually free the Greek individual and make the systemic Greek economy operate in free flow…it is a meaningless exercise in frustration….especially for whom Greek politicians allegedly are working for…individual Greeks.

And neither is it the answer to enforced Systemic into-ism and firstism, that is, the idea that any policy must first and only go directly into the system, never by passing it, going around or outside of it, and most especially never go directly to the individual  even if there may be an inherent flaw in the system which cannot be actually solved by anything other than a direct  payment to the individual which does not go into the system first.

This is analogous to the enforced monopolistic idea of the Catholic church before the Reformation that salvation could only be achieved by the sacraments and only via the church and its duly authorized clergy and not directly even if from God and his Grace.  Economic policy requires a new reformation where policy can go directly to the individual first. In fact as Grace was only possible via the church, so now completely reflectively no monetary or economic Grace as in a free and direct gift may go directly to the individual first, nor for that matter may monetary and economic Grace be applied to or within the system itself. In other words the system is completely opaque to the concepts of directness of any kind and also of Grace/gifting.

Furthermore, as directness to the individual is immediate, simultaneous and thus unifying that means enforced systemic into-ism and firstism also enforces a via and hence time and time lags and also prevents unity and wholeness as well,…in other words it prevents the concept of Trinity-Unity-Wholeness as well.