Economists can neither see clear nor deeply enough to free themselves and the rest of us from enslavement by Finance. It has obviously been a problematic business model for millennia and yet they still will not rise up on their own hind legs and deal with it. Belief that reform can handle a millennial monopoly is delusional, it requires transformation. Transformation via naturalization and true conceptual balancing. For instance true balancing of the power of Finance requires a concept, an idea, a paradigm with equal power to Finance. Government stimulus? Get real, number one every government is dominated by Finance, number two that’s still reform and hence a palliative solution. Consider, Debt is a direct economic injection whose effects are never able to be equated and that, given Time, roll downhill until the individual is crushed by them. You can go round and round justifying debt theoretically on a surface and governmental level, but it always comes back and bites you in the ass on both the individual level and systemic levels because of two things: 1) As a flow, total individual incomes/individual costs are chronically less than total business costs and 2) this is true for every enterprise making it THE most underlying, dynamic and hence most significant macro-economic metric of the problem. All other observations of economic problems stem from this problem and are thus by definition less deep and/or lacking in completeness/wholeness of Time and process/missing data and insight. Rents? Subsequent and peripheral. Income inequality? Same. Monetary inflation? Same. Profit? Same. Human flaw? Systemically irrelevant and same. Asset inflation? Way subsequent and ultimately tied to the more underlying problem. And finally Debt build up on all levels but particularly the private level? Inevitable because of the underlying problem. Think it through.

Back to the directness and paradigmatic natures of the problem, we therefore need direct and paradigm changing policies that deal specifically with the deepest problem as per above, and that is a direct payment to the individual and a continuing reduction of costs/prices at the retail level. And only then can one claim that they are actually offering solutions.

Aren’t DSGE and Disequilibrium theorists a little tired of the Catch-22 nature of macro-economic theory by now?  I mean honest to God, when are they going to stop pissing and moaning at each other and find an integration of things by looking in some of the niche areas of theory like consumer finance or looking for missed metrics inside of accounting like cost accounting?  And why don’t they look at the asymmetries of power and obviously glaring monopolies in supposed free market theory that Banks and Banking have? Why don’t they look at external factors like innovation, and artificial intelligence that due to their logics of efficiency are increasingly reducing aggregate demand? Last but not least when are they going to look at history and see that all of the scientific breakthroughs, paradigm changes, slavery to freedom stories and non-destructive, successful mass movements have in common: an ascending integration of orthodoxies, a new insight that transforms instead of merely reforms, a mass movement fired by an ethical imperative that sets the individual and the group free against impossible odds, sees obviously significant external factors that have been hiding in plain sight, and finally, contains and/or reflects a spiritual concept?????

If It Was Good enough For Einstein, Moses, Jesus, MLK Jr. and Ghandi…Its Good Enough For Me.

Man will always prefer to create orthodoxies or remain in doubt without an integrative Will and a third metric. Thus

[ (D)  X  (a)G/C/SA ]

All profit making economic theories except Social Credit currently will only advocate more employment as the solution to our economic problems. Unfortunately the wedding of the forces of innovation, artificial intelligence and profit making systems, all of whose logics are efficiency, will by some estimates eliminate as much as 80% of the need for jobs by humans in as little as 14-15 years. So which one of innovation, artificial intelligence or profit are all current theories willing to dispense with?

Well innovation and artificial intelligence are both blessings which in no way exclude Wisdom and Ethics from still being a normal human pursuit, and in actual fact, given that leisure is directed and self determined activity and NOT idleness and that historically those people who had the leisure to pursue their own self determined pursuits have actually been the most creative and happy demographic of humanity, not to mention the primary inventors of everything from Wisdom to indoor plumbing…so they are not good candidates for elimination. So apparently, for all orthodox economic theories it is profit because they can only come up with jobs as a solution, and if 80% of the need for jobs in a profit making system are eliminated, requiring people to work for their survival transforms the economy into a socialist work state.  ?????

Ironies and orthodoxies abound in all current economic theories….except Social Credit.

The liberum veto (Latin for “the free veto”) was a parliamentary device in the Polish–Lithuanian Commonwealth. It was a form of unanimity voting rule that allowed any member of the Sejm (legislature) to force an immediate end to the current session and nullify any legislation that had already been passed at the session by shouting Nie pozwalam! (Polish: “I do not allow!”).

It led to massive corruption as foreign powers no longer had to bribe half the assembly but one member only.  Harvard political scientist Grzegorz Ekiert, assessing the history of the liberum veto in the Kingdom of Poland, 1569-1795, concludes:

The principle of the liberum veto preserved the feudal features of Poland’s political system, weakened the role of the monarchy, led to anarchy in political life, and contributed to the economic and political decline of the Polish state. Such a situation made the country vulnerable to foreign invasions and ultimately led to its collapse.

liberum veto is confusing freedom with chaos and enables the powerful to rule. Wisdom and its bind back to Ethics which are the component parts of the natural experience of Grace is the highest form of freedom, and also enables the decentralization people seek. Now just apply that policy concept (Grace) to the economic system.