Sunday, March 18, 2007

Divine Economy Theory Examines Validity.

The criteria used in religion to recognize truth from falsehood is to examine the fruits. 'Know them by their fruits' is a metaphorical way of stating that reason will be useful in determining what is valid and what is invalid.

I do not see anyone objecting to this approach. It is a valid approach whether it is used to examine religion or anything else. I will use it to examine the use of empiricism in the social sciences. I will only do a cursory examination here since I am in the middle of writing my third book. My time for blogging is minimal.

Empiricism cannot allow humans to make decisions subjectively nor can it allow values to be ordinal. Neither of these fit into the empirical models.

Can it be considered a good fruit if the methodology changes real things into imaginary things? No.

Therefore I declare that trying to apply empiricism to the human sciences fits in the category of falsehood.

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Quirkybutsmart said...

"...divine economy theory which proves that human intervention into the economy is a corruption; hampering prosperity."

How is God to act except through humans?

Bruce said...

The economy is a divine institution that exists because humans exist. Think of the market process as a universal language conveying to others the wishes, wants, aspirations, and resources and the words of that language are prices. As people mirror the love and knowledge of God the market process reflects it and the civilization advances.

Quirkybutsmart said...

Define "The economy". None I know meets the definition of "a divine institution"--certainly not "capitalism".

Bruce Koerber said...

The economy is the means to attain the ends, but as is then obvious, it cannot be separated from ethics in a civilized world. And since human beings are spiritual in addition to being physical and intellectual this means that the divine nature of human beings plays a very important role.

Quirkybutsmart said...

"The economy is the means to attain the ends.." "The economy" cannot be spoken of outside a context. "The dog" means a dog belonging to the speaker or known to both speaker and listener.

So I say again: "define "the economy." MONEY--currency-- is a means to an end-- a way to exchange goods and services that is more flexible than direct barter. An "economy" is s a SYSTEM. "An economy consists of the economic systems of a country or other area; the labor, capital, and land resources; and the manufacturing, production, trade, distribution, and consumption of goods and services of that area." (Wikipedia)Note "capital" is assumed. But "capital" is a RECENT concept-beginning with the Industrial Revolution.It is thoroughly amoral and not bound by any ethics00only "supply and demand" profit and accumulation, ROI etc. It is driven by power-- not love and not ethics.

In a society where there is little currency and people still grow food and sometimes barter is there "an economy"? Say, Spain today? Are the two "economies"? One sponsored by the government and one carried out by people who can no longer participate in the government sponsored one?

How can currency be used if no human decisions are made?

Who pays for shared resources like roads, damns, railroad building, telegraphy and telephony, regulation of the radio frequency bandwidths...??? Just as examples.

In America "the economy" is usually taken to mean capitalism--with or without you call "human intervention."

What you describe sounds suspiciously like the "invisible hand of the market"---which will not stand up
to principled scrutiny.