Abstract
If we mention any topic in economics nowadays, we find a crisis lurking somewhere on its way. Either Concordian economics is capable of solving these crises or it is not worth the paper it is written on. To make the best use of it, we must keep three concerns constantly in mind. The system must minimize Hoarding, minimize Inflation, and it must create as many Jobs as requested by the population. To observe these goals in action, we need a kaleidoscopic view of the economic system: moving our point of view just a little bit, we see a completely different universe, but always an integrated universe. Looking at it another way, if we engage in true dialogue we discover that there is nothing new under the sun. Only the trends have accelerated their pace. It is this acceleration that has brought us to the brink of disaster. Whether we have enough time to avoid the precipice or not, in this volume we will study a number of recommendations on what needs to be done—for the benefit of everyone. The wise Benjamin Franklin knew it all along: “If we do not hang together, we shall surely hang separately.
For this reason, interspersed through some unavoidable repetition, the Patient Reader will discover many new wrinkles, new intuitions, and important analyses in the construction of Concordian economics. The patient Reader will discover that most repetitions serve to obtain a slightly different view, a more comprehensive view of any topic. A cause might have effects on a variety of fields. We will not examine all the effects of a cause. We will do our best. Besides, if only we already had economic justice as a social, economic, and political operating system, many of the recommendations expressed in this book would already be implemented; they would already be with us, rather than being a possible distant envisioned world.
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Notes
- 1.
What does it mean to be in love with all these things and many more? It means to be emotionally in close relation with them. No, this is not a vacuous appeal. This is the root of true ecology. And it means to be faithful to the equivalence of matter to energy and to spirit. Personally, I feel that I am a guest here in the universe paying no rent.
- 2.
Professor M. L. Burstein, one of the sharpest minds in economics, used to call me the “Hoarding Maven.”
- 3.
Brady and Gorga (2009).
- 4.
For the many nuances in this transition and later developments of American monetary policy, see, e.g., Brown (2023).
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Gorga, C. (2024). Opening Our Minds to Concordian Economics. In: Concordian Economics, Vol. 2. Springer Studies in Alternative Economics. Springer, Cham. https://doi.org/10.1007/978-3-031-54642-6_1
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