Monday, March 24, 2008

Divine Economy Theory - The Power of Deduction.

Empirical economists are blinded by and bogged down in minutiae. They are in a state of powerlessness whether they know it or not.

A holistic approach is absolutely necessary since humans all belong to the same species and there are natural laws that describe what they do. They behave subjectively within the spectrum of possibilities, constrained by the natural laws of the human operating system.

A holistic approach cannot start at the physical level nor can it choose the human intellect as its ultimate starting point. Holistically the human being is also a spiritual being. This means that the spiritual reality plus the intellect plus the physical qualities define the human being.

Deduction from only the physical nature of humans yields a different outcome than if one that starts more broadly from the intellect. Likewise, deduction from the higher level of perception, the spiritual, leads to a different discovery.

Backing up to the farthest point known takes us to the source of our creation - our Creator. We cannot go beyond that. Deduction proceeding from that point leads us to certain discoveries but there are no more stones to uncover that make it possible for us to broaden our point of origin.

What is extremely exciting about this origin of deduction for the human sciences is that it becomes fixed like a 'standard.’ Henceforth, the way one proceeds with deduction may vary but the ultimate starting point, the standard, is always the same.

This is why it is a truism to say that science and religion are in harmony.

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Thursday, March 13, 2008

A Quote About Divine Economy Theory - Free Will.

“Only the subjective methodology can accommodate free will. Free will is another foundational piece of the divine economy since all of the actors in the economy have free will. Free will is also a foundation of the creation of humankind; it is part of human nature. It manifests itself in the independence of each decision made within the mind of each person — which is subjective valuation. Each decision is unique to the circumstances deemed important by each individual, who are themselves unique and therefore subjective.”

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Monday, March 10, 2008

A Quote About Divine Economy Theory - Capital Consumption.

"If consumer credit is extended in the market artificially - which means that it is unmatched by existing savings - capital is consumed. What is happening is that consumption is in excess of the productive capacity. Productive capacity in the economy is supported by the level of savings and the subsequent capital. The only way to now consume more is to use current savings, which was to serve as the loanable funds for ‘new’ capital and economic growth. This is the equivalent of consuming capital which consequently will cause the economy to regress, the typical consequence of intervention."

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Thursday, March 06, 2008

A Quote About Divine Economy Theory - Poles of Unity and Justice in the Model.

"Similarly the divine economy can be more fully understood when the model includes the poles of unity and justice. It is around these two poles that the divine economy revolves. The axis of these poles represents the ‘nature and role of knowledge.’ The implication here — with this axis being centrally located within the model — is that knowledge flows throughout and that it is this free-flowing knowledge that best serves all of the divine economy processes.

This is a key concept in the divine economy theory. It is the nature and role of knowledge that enables the equilibrium forces to maintain balance and harmony. Intervention by those with finite human understanding strikes at the ‘nature and role of knowledge’ axis — with the consequences being a condition of imbalance and disharmony and a corruption of the divine economy."

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Wednesday, March 05, 2008

A Quote About Divine Economy Theory - Capital is the Most Limiting Factor.

"Most significantly, of all factors in the economy capital is the most limiting. See if you understand why. Ponder: in the here and now — in the present — we cannot live in the future! That is our limitation. The reason capital is the most limiting is because it is what connects the present and the future in the economy within our limitation. It is constrained by uncertainty yet its variation or structure determines the transformation that takes place in the economy.

Since capital is the most limiting factor, the movement or advancement of civilization depends heavily upon the structure of capital. This necessitates, optimally, that the capital structure needs to be a harmonious expression of the market so that it truthfully reflects the will of the people. In the divine economy fully vested human beings find and share knowledge in the market. Part of that knowledge reflects the importance of time which becomes manifest in capital and its relevant structure."

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Tuesday, March 04, 2008

A Quote About Divine Economy Theory - Order Emerges From Market.

"The market is where individual human action undergoes reconfiguration into a more social entity. This is part of the dynamics between the ‘act’ and the ‘transformation.’ The market is where knowledge flows to and from in a civilization. And it is from this proverbial fountain of knowledge that order emerges."

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Sunday, March 02, 2008

A Quote About Divine Economy Theory - The Property Rights Interface.

"Property rights interface closely with human action, the market and the capital structure. Property rights are truly foundational and have a strong connection to law in the divine economy since they anchor the economy to the human being.

In its most basic and primary expression, property rights are human rights. The existence of a human being grants dominion, and its peaceful expansion toward food, clothing and higher attainments all fall within the domain of property rights."

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