What is reality?
It is the state of things as they actually exist, rather than as they appear or may be thought to be (Wikipedia, 2010). Consensus reality is the typical method we rely on to answer that question. It simply means that if we can all agree that something exists or is true then it must be (irregardless of whether it's true or not).
When we look at our current economic reality on this weekend before Labor Day, we notice something amiss. We know that something is fundamentally wrong with what is going on in the economy. And yet, we are unwilling to challenge the generally accepted principles (read...consensus reality) of the price system in our mixed-market economy. What is really happening to us is the truth of an eventual collapse of our price system. It’s unsustainable. And, it is going to change form. This isn’t some conspiracy idea I'm floating around. It’s reality. And I'm going to tell you why.
The free market economy is simply out of touch with the truth. All truth is based upon first-order principles that are universal, inviolable, and certain. They are the basis of natural laws. In physics, we have what is known as conservation laws that have been proven (mathematically and empirically) to be inviolable and universal. One of those laws is the conservation of energy. It states that energy cannot be created or destroyed, but only can change its form (Wikipedia, 2010). That natural law has been proven by one inviolable, universal, first-order principle known in the physics community as WSM (Wave Structure of Matter). WSM is the source of ALL natural laws (the basis of science and physical reality). It has been proven mathematical by two well-known scientists, William Clifford and Nobel Laureate,Irwin Schroedinger. This principle is the basis of all truth.
What does it mean? It means that the only infinite, eternal thing from which all matter has been created is from SPACE. Matter cannot be added to or subtracted from space. All matter exists in eternal space in a spherical, standing wave and interacts with other matter in the infinite space around it. Uncertainty exists in space because we can never know the exact position and momentum of particles in this infinite space. Our physical reality is that all things are interconnected and that uncertainty makes it impossible to know in advance how these connections will be made.
Why is this important for you to know? The importance is that we know freedom has its limitations. And that life (and markets) are inherently unpredictable. And, that is why the price system is going to collapse. Our free market economy violated natural laws. It is an illusion, not reality. Capitalism is based upon continued exploitation of resources (that are limited). It encourages greed and overconsumption. And, there is always a limitation to how much profit one can make by expropriating the value from the workers that make the goods that are sold in the market, and government spending cannot make up for the loss. When the value of worker’s wages is reduced to zero, the capitalist profit will eventually fall. All of this is occurring in a world of increasing uncertainty.
We are already seeing this with a strategic inflection point of unpaid laborers trying to get some work experience anywhere just to get a foot in the door of a career. How long do you think this can go on before we have a price system that collapses? Don't you know that productivity involves the price of a commodity sold at market taken into consideration the value of a laborer's "energy" in the form of a wage? When laborers get wages, they consume the "energy" of another laborer - through the purchase of a commodity. And, the government takes a cut of that "energy" in the form of tax revenue in order to provide for services that the market doesn't provide for (also known as externalities...like police services, military, social programs, etc.). That's some public servant or volunteer's energy, too.
What you probably didn’t realize in all this commotion is that there was a ready-made economic/political philosophy available that has never died out and is now making a fierce comeback in the 21st Century. It first appeared during...are you ready?...during the Great Depression of the 1930's. In part 2 of my essay, I will discuss the political tool known as technocracy and how it proposes to transform our free market economy into an energy conserving system where “money” isn't necessary to conduct transactions of any kind.
Sources: Read these sources to gain a better understanding of the WSM principle and the mathematical proof for it.
Origin of the Natural Laws in a Binary Universe by Milo Wolff
Milo Wolff's The Quantum Universe
Friday, September 3, 2010
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