Will Enable Us To Both Re-Enchant the Physical Universe and Act In Completely Rational and Even More Importantly More Ethical Fashion.
The full Integration of Science and Wisdom (The Third Way) is the next step in human evolution.
Will Enable Us To Both Re-Enchant the Physical Universe and Act In Completely Rational and Even More Importantly More Ethical Fashion.
The full Integration of Science and Wisdom (The Third Way) is the next step in human evolution.
Credit/Money is a wonderful tool, but the monopoly paradigm of Debt ONLY is the most dominating power Finance, whether from the Palace or the Banks has ever weilded. Its a monopoly idea, i.e. paradigm, and as Steve Keen has mathematically shown will inevitably de-stabilize economies…unless we integrate the new paradigm of Monetary Gifting directly to both individual and commercial agents via the same tool Finance currently uitilizes to anchor the paradigm of Debt ONLY into the temporal universe, namely accounting/double entry bookkeeping, at strategic points in the economic process.
To ignore this most underlying and long standing source of power is to insure there will never be the necessary funding of the mega-projects necessary to confront climate change and to finally enable economic and monetary stability.
In other words, the accounting process of equal debits and credits summing to zero, which is how money is created and uncreated is perfectly reflective of particles popping into and out of existence from the quantum vacuum.
Also, equal debits and credits summing to zero is a trinity/unity/oneness/process the same as the zero point vacuum is the trinity of: In Reality, Not in Reality, Process of Total Actual Wholistic Reality. Its another example of an integrated duality to the point of a Trinity/Unity/Oneness/Process AKA The Cosmic Code of Wisdom.
Book Titles: Grace: The Aspects and How They Fit Into…Everything Implementing Grace Into Our Temporal Universe Systems Fulfilling Our Species Designation of Wise and Discerning Man The Cosmic Code of Wisdom
Regarding the election of a libertarian president in Argentina
This is just another event in the disintegrative trend human civilization has been on since it stopped having periodic debt jubilees with the Roman empire. When you set up obsessive and unresolvable dualisms like liberalism vs libertarianism YOU SET UP FRUSTRATION AND EVENTUAL CHAOS. Thats why you need to find an APPLIED concept that will resolve that dualism into A THIRDNESS GREATER ONENESS ALSO KNOWN AS A TRINITY/SYNTHESIS. Consult chemistry, Hegel, NATURAL philosophy and my book Wisdomics-Gracenomics.
MAXMIN: Debt jubilee as you call it is a way of punishing the prudent to reward the deadbeats, i.e. reward behaviour free of responsibility. It has been happening lately a lot, so will you finally stop peddling that BS?
Me: You miss that the present MONOPOLISTIC monetary paradigm for the creation and distribution of new money, namely Debt ONLY, is historically an inevitably de-stabilizing and overwhelming factor in economics. Please drop your present orthodoxies long enough to look at what effectively integrating a new paradigm concept, i.e. Monetary Gifting, into the Debt ONLY based system still enables private finance to exist and even thrive…but does not allow them to dominate…which is an important thing…if you ‘re human and hence live in a universe where ethics are important and necessary.
An economy of grace as in Well Being and Sovereignty would end the many ways that present industry is actively but covertly poisoning the planet and the general populace. There can be no compromise with this fact. The survival and optimal health of all species is an imperative. Help in completely ending such anti ecological and health practices will happen immediately and be a priority for those industries that IMMEDIATELY AND UNMISTAKABLY abide by the new ethic of grace as in Well Being and Sovereignty. Those that do not abide or quibble will not.
Full stop.
A society of organic gardening and the banning of glyphosate instead of majority lawns and factory farms, carbon capture and the off planeting and under planeting of production instead of spewing hydro-carbons, scientific nutrition and regenerative medicine instead of mere pharmacological symptom treating and blind allopathy must be the swiftly implemented reality.
Fiscal austerity is just a culturally regressive tool that private finance utilizes to re-inforce their monopoly paradigm of Debt Only/Burden to Repay as the sole form and vehicle for the creation of new money.
As every new paradigm has historically been in complete conceptual opposition to the present/old paradigm that makes the new paradigm Monetary Gifting, specifically Direct and Reciprocal Monetary Gifting.
This expanded label reflects the wonderful tool and reality anchoring discipline of accounting which is the way the Banks create our money and that we can also utilize to integrate the new paradigm into the economy. There is an evolving 20+ policy program in my book beginning with the precise expression of the new paradigm a 50% Discount (debit) to the consumer at retail sale all of which is Rebated back (credited) to the merchant giving the discount so they are made whole on their entire price. As everyone participates in retail sale (a new macro-economic insight in and of itself that has gone unrecognized a billion times per day since forever and is the perfect place to macro-economically implement the new monetary paradigm)…a 50% discount at retail sale would enable the individual to purchase a $60k Tesla for $30k and a $400k house for $200k thus immediately doubling everyone’s purchasing power, greatly increasing the demand for every enterprise’s goods and services, ending inflation forever and lowering the rate of private indebtedness severely…all in one fell swoop.
Would you like this? Start a mass movement to communicate the new monetary paradigm’s benefits to the individual instead of trying to get ego-involved academics to change their curricula.
In my book I’ve got policies that curb consumption by requiring a sliding scale percentage of gifted money be invested in eco-bonds at 5-6% which along with fiscal deficits could fund climate change research and the mega-projects necessary to confront that problem. I’ve even got a policy that private banks would find hard to refuse and that would further lower the amount financed for the above Tesla and house by another 50%.
Time to take the new monetary paradigm to the streets…”by any and all technological means necessary”.
Both Keen and Hudson are spot on about the problem, namely Keen: “money, debt and banks” and Hudson: “Finance capitalism”. Where they fall down is visualizing and implementing the solution, the whole soultion as in a pattern/paradigm change as opposed to mere reforms. Paradigmatic/operant concept analysis is counter intuitive in a world where scientific reductivism is so habitually dominant in intellectual inquiry that it is blinding to what really matters which is finding the exact SINGLE concept that strategically applied…changes the nature of the entire pattern under analysis. As I like to say “Science of course is wonderful, necessary and delicious…and it exists entirely within the digestive tract of paradigmatic analysis.” In this sense these two brilliant guys have “the cart before the horse”.
A little analysis of the history of paradigm changes.
1) New paradigm concepts are always in complete conceptual opposition to the current/old anomalous paradigm. Example: Almost exclusive ethic of survival ONLY vs self awareness and hence awareness that others are like us and require ethical consideration, i.e. narcissism vs empathy
2) New paradigms always invert the temporal universe realities of the old one. Examples: geo-centrism vs helio-centrism, nomadic hunting and gathering to homesteading, urbanization and agriculture
3) New paradigms resolve the deepest problems of the current paradigm. Example: Copernican concept, Gallilean observation of moons of Jupiter and Keplerian discovery that orbits are elliptical resolves astrological anomalies of Ptolemaic paradigm.
To illustrate #1 the above list, if MONEY is created by the banks and even by the government ONLY AS DEBT AS IN BURDEN TO REPAY ONLY (ONLY designating it as a monopoly paradigm concept) then the concept in complete opposition to that paradigm is MONETARY GIFTING.
To illustrate #2, if the current economy is DESTABILIZED by the monopoly paradigm of DEBT ONLY leading to instability and collapse because of the inevitable build up of private debt, then CONTINUOUS DEBT JUBILEE/REDUCTION VIA MONETARY GIFTING…MUST BE INTEGRATED INTO THE SYSTEM IN ORDER TO STABILIZE IT.
3) To illustrate #3, if CHRONIC, EROSIVE INFLATION AND AS A RESULT CHRONIC SCARCITY OF BOTH INDIVIDUAL PURCHASING POWER AND SCARCITY OF DEMAND FOR GOODS AND SERVICES, THEN A CONTINUOUS MEANS OF MATHEMATICALLY CREATING NON-HARMFUL DEFLATION SO AS TO INCREASE PURCHASING POWER/DEMAND MUST BE IMPLEMENTED. A 50% DISCOUNT/REBATE POLICY AT RETAIL SALE UTILIZING THE SAME MEANS THE BANKS CREATE UPWARDS OF 97% OF OUR NEW MONEY EVERY YEAR, NAMELY EQUAL DEBITS AND CREDITS THAT SUM TO ZERO, ACCOMPLISHES THE RESOLUTION OF THESE CURRENT PROBLEMS.
Be glad to discuss these issues and my book. ataushumme@yahoo.com or 1 602 769 6832 message only.
I’ve even got a policy that private finance can’t resist. Also, debt jubilee as a one-off is a decent reform. I integrate continuous debt jubilee into the economic process because one debt jubilee merely palliates the problem because the structural “rules” just make it immediately build back up. Also, it is true that its hard to get institutions etc. to back monetary reform, but Hudson and Keen are mostly trying to get economists with ego involvement to change and accept a new theory. Lotsa luck. What you need to do is start a mass movement. If you can’t sell doubling everyone’s purchasing power, potentially doubling demand for your goods and services to businessmen, ending inflation forever and enabling the individul consumer to purchase a $60k Tesla for $15k and a $400k house for $100k (the result of my continuous debt jubilee policy at point of loan signing coupled with the 50% Discount/Rebate policy at retail sale) you’d better get out of the political and economic pundit business. We are many, finance are few.
How can we simultaneously double everyone’s purchasing power, resolve the deepest problems of our economy AND create a huge increase in human gratitude…all at the same time and with only a single policy? A 50% Discount policy at retail sale all of which discount is rebated back to the merchant giving it to the consumer. That ends inflation forever, enables you to buy a $60k Tesla for $30k, a $400k house for $200k and because EVERYONE participates in retail sale enables EVERYONE to be thankful/grateful for an economy and money system based on grace as in gifting and the government that was smart enough and benificent enough to implement that policy…every time they went to buy something. Think about it.