Archive for July, 2018

How to make a seamless instant radical paradigm shift.

July 22, 2018

Radical paradigm shifts

from Asad Zaman

The methodology and ideology of modern economics are built into the frameworks of educational methods, and absorbed by students without any explicit discussion. In particular, the logical positivist philosophy is a deadly poison which I ingested during my Ph.D. training at the Economics Dept in Stanford in the late 1970s. It took me years and years to undo these effects.

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COMMENT-How to make a seamless instant radical paradigm shift.  

Justaluckyfool  Justaluckyfool 


“Craig July 21, 2018 at 2:02 am Reply
Policies are the true test of any theory and especially for a new paradigm. What are each of your policies?
Asad Zaman
July 21, 2018 at 4:49 am Reply
To build an economic system based on cooperation and generosity, instead of competition and greed.
Dave Marsay July 21, 2018 at 3:29 pm Reply
I would advocate an economic system based on collaboration and enlightened self-interest, which may amount to the same thing. ”

COMMENT-How to make a seamless instant radical paradigm shift.  

Frederick Soddy.(The Role of Money. 1936) “The public is expected to believe that the misfortunes that beset us are acts of God and that, though we have the science and the necessary equipment and organization to produce wealth in abundance, it is beyond the wit of man to learn how to distribute it. The problem, it is true, is new, and the approach to it obscured, often intentionally, by a mass of half-truths and once-truths. But its solution has not been rendered any nearer or clearer by the puerile effort of the post-War era to suppress free public discussion of the new doctrines, an issue that was fought out and won
in physical science in the time of Galileo.”

“The Monetary System Impedes the Flow.

“… (U)nless and until the barriers that oppose the free and full distribution of wealth from the producer to the ultimate user and consumer are broken down and the flow of wealth again fulfils the purpose for which men have striven to create it
Since, in all monetary civilizations, it is money that alone can effect the exchange of wealth and the continuous flow of goods and services throughout the nation, money has become the life-blood of the community, and for each individual a veritable licence to live at all.
The monetary system is the distributory mechanism, and this reading of history therefore supports up to the hilt the conclusions of those who have made a special study of what our monetary system has become. It is the primary and infinitely most important source
of all our present social and international unrest and for the failure, hitherto, of democracy.”
“Capitalism to be administrated for the betterment of the common good of the INDIVIDUAL while at the same time for the common good of the ENTIRE GROUP.
With equality and justice for all, this new Capitalism could be one of the the greatest achievements of mankind.
A government that would administer this system with an HONEST CENTRAL BANK to make the money FLOW to “…help form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defense, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity,…” 

How to make a seamless instant radical paradigm shift.  

  1. Create PUBLIC STATE BANKS (As per PBI).  51 Public State Banks,( Composed of 1 for each state and 1 for the District of Columbia jointly with all territories and protectorates).
  2. End the legislated privilege that allows private banks to create money. Legislate all  issuance to be loaned must be borrowed. (As per AMI).
  3. Amend the Federal Reserve Act. It is to be composed of the 51 Public State Banks led by 6 chosen representatives from their group with 1 chairperson chosen by the president with Senate approval.
  4. The CENTRAL BANK must be an ‘honest’ bank, specifically one that is a guardian of the community’s money.
  5. “Only The Central Bank can issue any new issuance. All new money issuance MUST be interest free. All new money issuance as “credit money” MAY carry a fixed service fee that is pre-paid as a discount. “(SODDYISM).