New GEDP Policies. GEDP= Grace-Evoking Domestic Product.
Grace as in the creation of the ultimate sense of wellbeing is the most neglected area of human and economic analysis and yet may be the best way to integrate relative abundance into ecological sanity.
An article in Real World Economic Review Journal by Susan Paulson called Economics of Abundance and De-Growth reminded me of navigating the ironies and paradoxes we now face in economics and ecological sanity. This has lead me to create a new economic and psychological acronym GEDP or Grace Evoking Domestic Product.
We need to find more and more ways to make every policy, incentive, dis-incentive, and/or tool like accounting etc. to be directly imbedded/linked to everyday living in ways that elicit an aspect or aspects of the natural philosophical concept/experience of grace as in love/wellbeing/better survival...in action. Here are a few of the policies in my book Wisdomics-Gracenomics that can help in achieving that goal more effectively:
50% Discount/Rebate policy at retail sale utilizing equal debits and credits that sum to zero. Evokes gratitude for a gift of price in a daily universally participated in activity. Same grace evoking experience for my 50% Gift/Debt jubilee policy at point of loan signing which would also end the human civilization long inevitable build up of private indebtedness.
50% required investment of individually gifted money in solving the energy, ecological and super organism problems into 5-6% eco-bonds. Gifting begets gratitude and gratifying sense of helpfulness and positive purpose.
Also, any profit a business invests in such above bonds or in selected research and development of eco-projects/grace evoking cultural thrusts (like organic/regenerative farming, permaculture, regenerative medicine, new CCC etc. etc.) will be matched with eco-bonds in the business' name/account by the money system. Gifting begets gratitude, gratifying sense of helpfulness, positive purpose and increased abundance of cultural experience of grace in everyday life...and profit by the way.
Grace as in inner satisfaction and rationality amongst known limits, and even as life becomes difficult is the missing social-psychological element needed to best aid our fast approaching journey through the converging crises in economics, energy and ecological survival.
There are other examples and opportunities to evoke the beneficial aspects of the natural philosophilosophical concept of grace in my book, and I'm sure many, many others that with some thought would acculturate graciousness more quickly and widely. So be it.