Why Our Economic Models Fail Us: The Need for a New Integral Approach | ChatGPT4o

Table of Contents

  • Can you summarize the key points from the article, “How Rome Reversed Christianity: from Compassion to Control” by Dr Michael Hudson?
  • From this interview and his previous scholarly works, what are the root cause of this disconnect in this understanding?
  • Given these shortcomings, how can a more holistic integral economic theory be actualized?
  • What are the obstacles to this transformative that we should anticipate in making this implementation a new reality?

Read More

Unmasking the Power: How Financial Elites Maintain Control Through Passive Aggression | ChatGPT4o

Table of Contents

  • Can the central banking system be seen as having machinations that can be interpreted as passive aggression and a form of power-laundering by the elite ruling class?
  • Can a very strong argument be made that the insights of credit creation by Profs Richard Werner and Steve Keen along with those in MMT community have thrown more light to show by delaying this understanding of how money creation occurs in real life, this is passive aggression and power-laundering of the financial elites to the highest degree?
  • Has academia, the media and NGOs been complicit or colluded with this passive aggressive power-laundering and please cite specific illustrative examples?
  • So what is the way forward to make out global financial system whole?
  • Can you provide a list or titles for blog articles encapsulating all we have learnt so far in this chat?
  • Can you create an image representing the lessons learnt here?

Read More

Synergistic Governance: Integrating Life-Value Onto-Axiology into Modern Monetary Practices | ChatGPT4o

Table of Contents

  • Explaining Life-Value Onto-Axiology | The Primary Axiom of Life Value and the Universal Human Life Necessities and Principles of their Provision by Prof John McMurtry – TOWARDS LIFE-KNOWLEDGE (bsahely.com)
  • How can MMT help in transforming the principles above into policies, proposals, programs and practices for peace and prosperity for people and planet?
  • For accountability and transparency and good governance purposes, given the principles of above, how can double-entry book keeping based on stock-flow balance sheets be created to facilitate the creation of a regenerative, embracing, cohesive, synergistic, trustworthy, coherent and conscious society?
  • Can you suggest possible titles for an article that reflects the above?
  • Can you construct a poem reflecting this?
  • Any suggestions for possible memes?
  • Can you also construct a parable to distill the wisdom here?
  • If one can reformulate and repurpose the Great Commandment, The Lord’s prayer and The Beatitudes in life-value onto-axiological terms, what would they look like?
  • Is there a life-value onto-axiological equivalent in meaning to Amen?

Read More

Reflections & Warnings – An Interview with Aaron Russo (2009)

In an historic final interview, filmmaker and music promoter Aaron Russo goes in depth on the insider-knowledge given to him by a member of the Rockefeller family. Russo was told (prior to 9/11) of plans to stage terror attacks, invade foreign nations, and kickstart a high-tech police state control grid that would track the populations’ every move with implantable R.F.I.D. microchips.

Read More

Prof John McMurtry – Winning the War of the World – Toronto Z-Day, 2014

John McMurtry shows that a false economic paradigm holds the world in thrall to a global corporate death system masked as market freedom. Liberation is explained as grounded in humanity’s repressed life-value code, life capital bases and civil commons organization which unify across distances and differences.

Read More

Technofeudalism and Cloud Capital: A Conversation with Yanis Varoufakis

Is a new economic model toppling capitalism? Yanis Varoufakis, the former Greek Minister for Finance and current leader of the MeRA25 Party, discusses the future of capitalism, his theories of technofeudalism and cloud capital, and the invasion of Ukraine. This event was hosted on April 4, 2022 by Stanford in Government member Ryan Cieslikowski. Stanford in Government (SIG) is Stanford’s preeminent organization for students dedicated to public service and civic engagement. To learn more about SIG, follow us on Instagram (@stanfordingov), Facebook (Stanford in Government), and Twitter (@stanfordingov). You can also visit our website: sig.stanford.edu. Read More

CORRECTIVE LENSES: HOW THE LAWS OF ENERGY NETWORKS IMPROVE OUR ECONOMIC VISION | SALLY GOERNER | World Futures (2013)

We face systemic problems — economic, political, social, and environmental ones all wound up together. Effective solutions are emerging in all of these domains, but we lack a reliable systemic perspective to weave them together. I believe Energy Network Science (ENS) can provide the sound, systemic framework we need to address our systemic problems. ENS’s study of the energy laws of growth and development can help restore our economies and our souls by: (1) Helping us rediscover the truth and power of free-enterprise democracy; (2) Giving us the tools and concepts we need to build healthy Democratic Free Enterprise Networks (DFENs), the kind that have always formed the sinews of American vitality; (3) Providing precise quantitative measures and targets for healthy development that seem quite unimaginable in the current milieu. This is the story of how these gifts change our view of how to rebuild economic vitality and restore the dream.

KEYWORDS: Balancing resilience & efficiency, energy network analysis, free enterprise democracy, quantitative measures of economic health, regenerative economics.

Read More

Integrating Our Approach to Planetary Health: How Energy Systems Provide a Rigorous yet Heart-Warming Framework | Sally J. Goerner and Juwairia R. Quazi | World Futures (2021)

ABSTRACT

This paper shows how the Energy System Sciences provide the theoretical backbone and empirical substance we need to connect findings from across the human and natural sciences in a way that is practical, rigorous, and heart-warming at the same time. Our premise is that the same energy science that explains systemic health in ecosystems can be used to create an empirical explanation of systemic health in human systems too. This integrated understanding of planetary health directly addresses the underlying socio-economic drivers of today’s crises in a rigorous yet emotionally compelling picture of how to save civilization socially, economically and environmentally.

Read More

DEGROWTH AND MMT: A THOUGHT EXPERIMENT | Jason Hickel

Modern Monetary Theory (MMT) is getting a lot of attention these days, thanks in large part to the excellent work of Stephanie Kelton and Nathan Tankus, two of the movement’s most effective communicators. Over the past few weeks a number of people inspired by their work have asked me whether there is scope for thinking about degrowth from a MMT perspective. My answer: definitely. In fact, the two belong together.

Read More

THE COLLAPSE OF OLIGARCHIC CAPITALISM AND THE RISE OF REGENERATIVE LEARNING: HOW THE SCIENCE OF ENERGY SYSTEMS CLARIFIES WHAT’S HAPPENING TODAY AND WHAT COMES NEXT | Sally J. GOERNER

We live in a head-spinning, gut-wrenching time of multiplying crises. At home we face outsourced jobs, crumbling cities, underpaid teachers, unaffordable healthcare, endless wars, political corruption, a co-opted corporate media, skyrocketing inequality, and public “austerity” measures whose main purpose is to make tax-breaks for the rich more affordable. Working-class stagnation is producing widespread anxiety, mounting debt, and “despair deaths” from opioid abuse. Fear is fueling populist outrage, along with extremism, authoritarianism, and the conditions for a fascist takeover. Meanwhile, climate change poses an existential threat to humanity itself. All of these calamities spring from the same root cause: an oligarchic capitalism that puts short-term profit for owners over people and planet. While this system seems immutable, upheavals from Occupy Wall Street to the rise of right-wing populism signal a backlash to a political–economic establishment that treats people and planet as resources to be pillaged and expenses to be minimized. Its failures have also been driving the development of new possibilities in the form of more systemic approaches. Still, while systems thinking has improved approaches in fields from agriculture to medicine, so far none of these reforms have been able to channel public frustration into true transformation because none addresses the root problem: oligarchy. The science of systemic vitality we need is also being born, but so far, its findings are diffuse. This article shows how the science of energy systems can galvanize today’s economic reformation by articulating the common sense rules and rigorous measures of systemic vitality, while anchoring them in an evidence-based vision of humanity as a collaborative learning species. The result is a practical path to building systemic socioeconomic vitality by revitalizing human networks, energizing collective learning, and clarifying why oligarchic capitalism is a distortion of our original democratic free-enterprise dream, which is now careening toward collapse.

KEYWORDS: Big history, energy networks, economic development, great change, paradigm shift, regenerative economics, societal learning.

Read More