The Garden of Becoming: Cultivating a Life-Centric Future of Unity, Flourishing, and Transformation | ChatGPT o1

Table of Contents

  • From a MMT perspective, can you analyze the reasons behind the argument that imports are benefits while exports are costs, by looking at the assumptions and presumptions made, and if they are sound or flawed?
  • By adding a life-value axiom to real resource acquisition and distribution, given the heterogenous nature of these resources, can more clarity and better insights be brought in, so as to make the system more ecologically efficient, physical input-output efficient and human development efficient, as per John McMurtry?
  • From this perspective, using a life-cost and life-benefit lens, how can the life-value of imports and exports be reframed?
  • How is Money Created?
  • Given the interdependencies involved domestically in terms of government and private bank money creation and internationally with money flows from foreign trade and investments, how can a life-coherent supporting and development integration be harmonious constructed to balance the real life-costs and life-benefits over generational time and planetary space using the insights from MMT and McMurtry that have been elucidated above?
  • Given the instabilities due to climate destabilization, social inequities, conflicts and chronic health issues that we are facing right now which have implications for movement of people to secure livelihoods, how can this integrated life-centric MMT understanding optimally address the migration issues?
  • In this light, how can a fully coherent life-centric MMT-informed framework help guide The One Health, Health in All Policies, and the Whole Government-Society approach to holistic life support and development?
  • What are the present and future challenges to this paradigm shift, and how can these act not as stumbling blocks, but as stepping stones of catalytic transformative potential to achieving universally and holistically true life-enabling liberation and fulfillment in our individual and collective journeys of self- and other- realization? In other words, how can we identify the individual and collective shadows in our midst for recognition, awareness, acceptance and integration for full life-coherent transformation?
  • Can you create a narrative expressing this vision?
  • Can you create a vibrant image reflecting this?

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The public economy: understanding government as a producer. A reformation of public economics | June Sekera (2018)

In mainstream economics scripting, government is either bumbler or villain. Cast as market fixer, intervenor, enforcer or redistributor, the state cannot but act inefficiently or, worse, illegitimately. Public goods and collective action are called “problems,” the commons a “tragedy.” Even today’s so-called “public economics,” as represented by the “public choice” school, is decidedly anti-public. It was not always thus. More than a century ago, economists theorized the state as a framework of collective agency for public purpose and understood government as a producer meeting collective needs. A cogent concept of “the public economy” guided this nascent field of public economics, long since lost to historic upheavals and repression by proponents of market-centric rational choice theory.

This paper rejects today’s orthodoxy and its artful, but artificial, construct that subverts the ability of the public economic system to produce on behalf of the polity. I call instead for the embrace of a new public economics that returns to lost roots while breaking new ground by taking into account the biophysical imperatives of production. The model offered here takes a systems perspective (as did Quesnay and early 18th- century Physiocrats); recognizes a public economy with distinctive purpose and drivers (as did the “German Public Economics” theorist Gerhard Colm in the 1920’s); and focuses on government as a producer (as did Paul Studenski in the 1930s-50s). Finally, it draws on two centuries of physics and on 21st century systems ecology in recognizing biophysical imperatives inherent to production. Developing and promoting a cogent theory of the public economy system is vital to the effective operation and, ultimately, the survival of the governmental systems by which democratic nation-states function today. The simplistic type-casting of government, the “market-failure” rationalization for state action, the invalid imposition of market axioms and assumptions on the public domain, the disregard of public purpose must all be rejected. It is time for a Reformation of public economics.

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‘Modern Money Systems: Understanding the Monetary Mechanics of Value’ & ‘The State vs. Government: Opposing Concepts of Authority’ | John Laurits

Modern Money Systems: Understanding the Monetary Mechanics of Value Reproduced from: https://www.johnlaurits.com/2018/mmt-modern-money-system-explained/ February 18, 2018 Modern money is a strange thing. To most of us, money appears as something continuously given to landlords and businesses to secure a place to live, food to eat, and all the little parts to make that thing called “a living.”… Read More