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Monetary Reform Discussion |
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[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index] Re: MONETARY: Politics and Economics
Correction. Should be Paul Hewson, not Paul Hewlett re: speech at Harvard with Sachs. dp ----- Original Message ----- From: "Dan Parker" <danparker@socialcredit.com> To: <monetaryreform@cog.kent.edu> Sent: Thursday, October 24, 2002 5:40 PM Subject: Re: MONETARY: Politics and Economics > ---- Original Message ----- > From: "Keith Wilde" <kwilde@ca.inter.net> > To: <monetaryreform@cog.kent.edu> > Sent: Thursday, October 24, 2002 4:01 PM > Subject: MONETARY: Politics and Economics > > > > This responds to comments by Dan Parker in response to mine of yesterday: > > > > I tried to catch up on my reading under this head earlier this week, and > > found that I seem to have missed parts of the discussion. From what I have > > seen, however, I infer that you, Dan, are a skilled (and indefatigable) > > political rhetorician and are in fact active in politics under the Social > > Credit label (and are probably located geographically in or near > Edmonton). > > I take that as an explanation for the flavor of your postings, which seem > > designed to minimize argument over technical details in the interest of > > building a political faction for reforms that depend on a significant > > augmentation of general understanding about monetary and financial topics. > > Keith, my reason to not spend much time on specific details, > is because I don't think these can be predefined that far ahead > in a complex adaptive system. There are certain mathematical > and thermodyanamic laws that must be obeyed on the one hand, > and there are certain, difficult, ethical considerations to be obeyed > on the other. > > However, the details that would come next, in my opinion, would > be how to choose a team, design a model/prototype feedback > system, develop transducers to mimic the interaction > of the prototype with the larger economy, determine options > on how to adjust and finetune the entire information processor, > and so on. From that, the details of a viable new system will > start to emerge, and even then be subject to constant adjustment > of course. The details of various sytems, from social credit, > to binary econmics will all be valuable stores from which to > try out concepts for various problems or optimizations. > > I am familiar with the reputed causes of such as the LTCM > meltdown, but still think only the surface is being scratched. W. > Michael Blumenthal was one of many to hint at this when he stated, > somewhat faciteously, that economists rarely understand what > happened, before and after the fact (one of Toffler's books - sorry > I don't have a reference). > > I do think that discussing the psychological implications regarding > the current money system would be more usefully carried on in > a forum separate from one concentrating on technical matters; > and that any leading practioner will follow both to some degree. > (A generalist, multidisciplinary mindset is necessary I think to > help bring the parts together). > > > The specific nature of the reforms you favor are those associated with the > > label "Social Credit". That is fully consistent with the functions of a > > politician and gets no argument from me. > > Official social credit explicity forbids the formation of political > parties. Even then, if I wanted to be a professional politician, I > would certainly not join a party that had serious monetary reform > as a plank. When Paul Hellyer was getting converted by the > Socreds, he admitted he didn't discuss it, because he knew what > would be the result via the controlled press. He's done some > good work in the field since his retirement as a result of his > earlier discretion I think. > > > Furthermore, if it is the wish of you, Rodney, and other participants to > > use this particular forum as a place to propagate your ideas for the > > consolidation of a political faction, that is also a purpose which is > fully > > acceptable to the sponsors of this facility as understand them. They will > > even go so far as giving the moderator power to block postings that he > > believes will be offensive or simply tiresome to other participants. It is > > quite feasible, therefore, to turn this list into a forum for believers > > only. The immediate difficulty presented by that prospect, however, is > > "believers in what?" > > To help with an answer on that, I would say a hint would be, what > is your gut feeling when Jeffery Sachs sponsors Paul Hewlett to > propagate that there is a systematic transfer of wealth from desparately > poor people, to the rich. Never mind the means for now, or the > historical record. What is your gut feeling on hearing this news? > > >I imagine that monetary reformers must reminisce > > wistfully on the simplistic ideological campaign mounted against the > > political consensus of the thirties, forties and fifties by organizations > > like the Foundation for Economic Education (i.e. market fundamentalism)--a > > campaign which took over the field by the end of the seventies and its > > opposition remains scattered in disarray. > > Not as far as know. Most monetary reformers see right and > left philosophies of the day as two arms of the same entity. > > >A political party, like a > > religion, does need some idea or person as a universal rallying point and > > some inviolable criterion of membership. A successful faction, it seems to > > me, need not be so tightly circumscribed emotionally, but it depends > > all the more on a common understanding that is based in reason and > > therefore in the collective pursuit of truth by empirical and logical > means. > > I think we have to also bring the spiritual into this (as per my gut feeling > question above). I hope I didn't miss any questions you asked below > in my post above and will stop here, to keep this post from becoming > too long. > > rgds > Dan Parker > > > With that expression of my general understanding and attitude, I address > > your comments specifically: > > > > > > >I don't know enough about binary economics to make a > > >good judgement, but while you raise some valid points Keith, > > >I think you may have overstated your case regarding the > > >'religousity' of binary economics adherents. That Rodney > > >Shakespeare's and Norm Kurland's models differ in at > > >least one significant matter, and they still work together well, > > >belies a charge of excessive rigidity, in my opinion. > > > > > > Since I doubt that you could justify this comment on a reading of the > > papers I cited, I infer that it is based on other texts. In particular, I > > think it would be difficult to justify from any of my writings that > > "excessive rigidity" is the feature that prompted my observation that > > binary economists take a religious approach. Thus, while it serves your > > purpose of building bridges and allies, I don't see that this comment of > > yours has any relevance to my intervention of yesterday. (It sounds more > > like preaching.) > > > > Your next comment sounds as if you are worried that you opened up a > hornets > > nest. > > > > >The psychological approach I did some blueskying on > > >would seem to be something best presented outside of > > >the 'mechanics' of binary economics I think. > > > > But I don't really understand what you mean in this next sentence.??? > > > > > Even to > > >the extent of coming from a different organization that > > >might or might not leverage resources with the more > > >technical side of the change efforts. > > > > > >> Do you mean to imply that Social Credit avoids the problem? > > > > > >Social credit is designed to decentralize control, and by the > > >National Dividend, would greatly diminish the opportunity > > >for coercion. The proponents of course are susceptible > > >to a greater or lesser degree to the human condition via > > >the selfish gene; and that is exacerbated by our currenct > > >economic system. There were many power struggles, within > > >and without the Douglasite faction. > > > > > >Anyways, much food for thought on what might be promising > > >avenues to proceed down. > > > > I wonder if you mean that technical arguments about the institutional, > > financial and economic aspects of monetary reform should be discussed > > separately from the nature of the human beast? > > > > > > The quotation by Douglas on Utopia is interesting, and fits with those of > > other critics that are cited in my paper. As a point of interest, however, > > Douglas and the other critics do not seem to have been expressing views > > that reflect a very accurate view of the classic text by Thomas More. > > > > I am not quite finished what I intended under the label, but am out of > time. > > > > > > > > > > Keith Wilde > > Executive Secretary > > Symposium on Biodiversity and Health > > > > An Initiative of Tropical Conservancy (Charitable Scientific Organization) > > Ottawa, Canada > > URL: http://www.tc-biodiversity.org > > > > To reach me personally: > > kwilde@ca.inter.net > > (613) 990-8125 (office) > > (613) 993-2120 (FAX) > > > > > > > > > > > > >
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