Kill off inflation with the policies of the new paradigm of Monetary Gifting (specifically a 50% Discount/Rebate at the point of retail sale and the others in my book) which will enable the fiscal funding of the mega-projects of Off planeting and under planeting most of production. Concurrently fiscally fund the mega-research projects of technically mining the energy of the quantum vacuum and researching gravitic propulsion, re-freeze the poles which could give us another century to get our systems and minds right by finding more and better ways to make more of our daily activities and systems effects a universally participated in infrastructure that evokes GEDP (Grace Evoking Domestic Product). The aspects of the natural philosophical and ethical concept of grace have always been the effects of every historical paradigm change. Just apply its relevant aspects to the particular technical, social, political and daily activity and eventually you begin to progress toward the only level of analysis above that of the paradigmatic/conceptual level, namely the zeitgeist/ethic of the age.

Glad this conversation went to economics and its delusional failures, and Nate is absolutely correct that proving that current neo-classical macro ignores “money debt and banks” as Steve Keen correctly points out…won’t change anything…because its just a data point in the morass of economic theory. Keen and Hudson both of whom I’ve followed since 2008 when the shit hit the fan are brilliant, but they, and as far as I can see nobody else save me, is analyzing on the paradigmatic level. That is, looking for the single, operant as in most effective of change, problem resolving concept…and where, when and how to best implement it. And that’s my book Wisdomics-Gracenomics. Last but not least as I expressed in my former comment the policies of Wisdomics-Gracenomics in the broader sense are actually seconday to what you and Nate discussed regarding the mindset change that is also necessary to confront our converging crises. Most importantly the policy of a 50% gift of price at retail sale (which everyone participates in) all of which is rebated back to the merchant granting it to the consumer by the monetary authority makes “going to the store” the greatest opportunity to self actualize gratitude for that gift…since meditation and prayer.

Paradigms are more important than definitions because they are the ideas behind the system being analyzed, and in anomalous paradigms like we have now in the monetary, economic and financial systems, what enforce all of the anomalous realities that complicate and de-stabilize them. Please try thinking paradigmatically/conceptually. It clarifies, focuses and resolves unlike system’s analysis which only does the first two.

Excellent update on the unethical insanity of present “innovative” finance capitalism. I don’t wish to get into a debate with anyone about capitalism vs socialism. Rather to find “third way” integrative means of securing actual and profitable exchange for all economic agents individual and commercial.

To do that you have to go to the conceptual/paradigmatic level of analysis. Why? Because palliatives, even good palliatives, never actually change things. The correct operant APPLIED concept, i.e. paradigm however does change…the nature of an ENTIRE pattern of thought or human system. Am I against system’s analysis? Of course not…just system’s analysis ONLY. The word ONLY designates whatever it is attached to as a monopoly and all monopolies are problematic because they violate Lord Acton’s dictum that “Power corrupts, and absolute power corrupts absolutely.”

Presently, we have a quasi-monopoly paradigm for intellectual inquiry of Science/Reductive Analysis ONLY when we would be much better served by an integrative “third way” paradigm of Wisdom…within which scientific analysis is a wholly contained set.

We need a new monetary, economic and financial paradigm, a Wisdomics if you will, that ends the monopoly paradigm of Debt ONLY as in the burden to repay ONLY wielded by finance…and that integrates the new paradigm of Monetary Grace As In Gifting into the present Debt ONLY system.

Take the policy program for a Wisdomics-Gracenomics DIRECTLY to the individual so as to herd the political apparatus toward that new paradigm and a new world becomes possible.

TR: The “third way” begins with the monetization and the distribution of one’s own debt-free money.

Only the free market can safely, efficiently and legally monetize debt-free gold to be used as a monetary source for debt-free trade and real economic growth.

The consumer now has the stage.

Me: Gold solves for a few, but neither our economic system’s deepest problems nor the individual’s enslavement by the current monetary paradigm of Debt ONLY.

PRIVATE individual and comercial debt has always been the deepest reason that empires disintegrate. For once and for all I’d like to see that human civilization long iron law end….but you have to think paradigmatically before you can visulaize the whole picture…and how to terminatedly fix it.

L: anyone that comprehends Dostoevsky, nietzche, Shopenhauer, Freud, Lacan Pollitzer, Marx etc is fully aware Acton is a moron—power does not corrupt—impotence corrupts….”a liberal is a power worshipper without any power”. Orwell

Me: Unfortunately that list including Orwell, became cynics, not because they were not insightful in some ways, but because they lived prior to Kuhn’s book on paradigms and so had no insight regarding the concept of paradigm/ENTIRE pattern changes. No one I know surpasses me in awareness of failed changes, but I’ll never embrace cynicism because it is about 5 microns above total apathy and so is surrender without a fight. Consider that. I prefer Antonio Gramsci’s perspective of “pessimism of the mind, optimism of the will.”

Unfortunately we also labor under the paradigm of science/complex reductive analysis of problems ONLY, which is fine, except for the fact that wisdom insights and new paradigm concepts are analogous phenomena in that they are both deep resolving simplicities…and we really need all of that intellectual load. Scientific and paradigmatic/single concept analysis should always be concurrent. One informs the other and vice versa, but science alone, although delicious is generally impotent regarding change, and too often results in erudite/habitually orthodox duncery.

Pre-lims: Banks create over 97% of our new money only as debt every year with nothing more and certainly nothing less than the accounting operation of equal debits and credits summing to zero

Retail sale is currently the only legitimate terminal ending point of the entire economic process where production exits the economy and becomes consumption. It is also the only universally participated in point in the entire economic process and is thus the only aggregative/macro-economic point in that same process. Furthermore, its universal participatory nature makes it the perfect place to implement a new operant/most effective concept because when you apply a concept you want it to operantly/most effectively…effect….everyone. (This in and of itself is a Noble prize worthy new macro-economic insight and, also by virtue of what the first policy I’m going to talk to you about does at that point.)

While changing the paradigm/entire pattern of economics and the money system is the capstone necessity, resolving the keystone economic problem of inflation (which the new paradigm mathematically and temporally effects) enables many ‘knock on” benefits. That’s why the 50% Discount/Rebate policy at retail sale is a paradigm change in a single policy, and every additional policy is simply a further stabilization and build upon the new paradigm itself.

Brush past your cynicism because it is not a valid critique and neither has it ever improved anything let alone actually resolved a problem. No one exceeds me in recognizing the failures of economic policies and the power of vested interests, but if you allow cynicism to stop you from doing whatever is possible to progress you lose that war without a single battle.

Keep your mind open and look directly at the mathematical and temporal universe effects of these policies because genuine paradigm changes are always initially considered absurd. This is because they are always in complete conceptual opposition to the new paradigm concept and the orthodoxies of the current paradigm…that the new paradigm renders fallacious or irrelevant.

Mathematically eliminate any possibility of inflation and all manner of beneficial economic effects are enabled. Like stable prosperity, ability to vastly improve and expand needed infrastructure, and the freedom to run virtually unlimited fiscal deficits to fund energy research and confront climate change.

The new paradigm creates a universally participated in infrastructure for the self actualization of Gratitude. This is because it is an integration of the most temporal human system, namely economics and the highest spiritual/ethical concept humanity has ever conceived and experienced, namely grace as in gifting and probably its most beneficial aspect gratitude.

Thats right with a policy of a 50% Discount/Rebate policy at retail sale we can have the new church of Grace As In Monetary Gifting every day, even multiple times per day and attendance is about 332,000,000. And billions world wide. Maybe we gift in return with a penney or nickel per $10 total purchase to go to our favorite charity. Grace evokes graciousness which is acting with love.

So be it.

Every impossiblity becomes a reality with the correct new paradigm/applied concept.

Book about actually seeing the present moment instead of simply abstracting it.

Think about this: a 50% Discount/Rebate policy at retail sale where everyone can buy a $60k automobile for only $30k and a $400k house for only $200k would actually be the greatest leap in the self actualization of gratitude since meditation and prayer. Why? Because not everybody meditates or prays, but EVERYONE DOES participate in retail sale, and the normal and natural mental reaction to receiving a gift is gratitude.

Furthermore, in my book Wisdomics-Gracenomics I even have a policy proposition that the private banks “couldn’t refuse” and would make that automobile cost you only $15k and that house only $100k. And these utterly anchored temporal universe realities would be created by nothing more and certainly nothing less than the accounting operations of equal debits and credits summing to zero. Thats right
“bean counting” is the vehicle for the greatest creation of grace as in gratitude mankind has ever had. But then paradox and its resolution has always been a signature of both Wisdom and Grace. You want your mind blown by hope? Investigate Wisdomics-Gracenomics.

This is insightful, and why my book Wisdomics-Gracenomics is so important. The word Gracenomics is derived from the words economics and the natural philosophical concept of grace as in monetary gifting.

Exquisitely intelligent economists like Steve Keen and Michael Hudson have missed the fact that paradigms are specific, operant single concepts…simply because they’ve never analyzed the economy and money system on the paradigmatic/operant conceptual level. System change is incremental and largely palliative. You want significant as in transformational system change? Find the specific SINGLE concept that applied changes the nature of the ENTIRE pattern(s) under analysis.

And if you REALLY want to change things discern the single concept behind EVERY historical paradigm change…and that just so happens to be the natural philosophical concept of grace as in love in action. Just find the relevant aspect of the concept of grace and find how most efficaiously to apply it to the system under analysis. Thats the true and ending starting point for analysis.
Final hint. One of the cardinal signatures of paradigm changes is inversion of temporal universe reality. Like for instance The Copernican Cosmological paradigm change from geo-centrism to helio-centrism was nothing more and certainly nothing less than the inversion of the positions of the earth and the sun. What if the ecological answer to climate change is Cosmic-Production instead of Geo-Production? And if we remedy austerity, inflation, cost and self interest resistance with the policies in Wisdomics-Gracenomics, that would enable the running of sufficient fiscal deficits to fund the mega-projects necessary to accomplish such an inversion of temporal universe reality.

It’s not only a wildly and universally beneficial paradigm change in the economy and money system, even more importantly its the fastest, best and most universal way to self actualize gratitude/thankfullness since meditation and prayer. And, not everyone prays or meditates, but everyone DOES participate in retail sale.

And, with a a little bit of study it also enables us to see that the temporal universe effects of the natural philosophical concept of grace as in love in action has always been an aspect or aspects of every historical paradigm change, which means that grace is actually the most evolutionary concept humanity has ever conceived and/or perceived. In other words it’s the pinnacle concept of both Wisdom and temporal universe positive change.