Superphysics
Supereconomics Versus Economics
3 minutes • 590 words
Table of contents
Supereconomics is concerned with the material well-being of society.
It is the revival of Classical Economics, backed up by actual data which spans 2,500 years, from Xenophon’s The Economist up to the latest GDP data.
Unlike Neoclassical Economics which only focuses on money, revenue, and business, Supereconomics deals with both private wealth generation and public policy. This is in line with Classical Economics which was previously called the Political Economy.
As such, we divide this book into four parts, with each part representing a law of exchangeable value.
These create a supereconomic science that is very different from the current one.
| Economics Material Goal | Supereconomics Material Goal |
|---|---|
| Private Wealth separate from government and morality
Say
To me, these two very distinct inquiries have been..separated, the term political economy being now confined to the science..of wealth,
and that of politics, ..the relations.. between a government and its people" |
Wealth of Society integrated with government & morality
Adam-Smith
Political œconomy..proposes to enrich both the peopleand the sovereign."
The Wealth Of Nations
|
| Economics Moral Basis | Supereconomics Moral Basis |
|---|---|
| Uncertain morality
say
progress has..(questioned) whether it is.. impossible that all should start in the world with a fair chance.. The question cannot be fully answered by economic science. For the answer depends.. on the moral and political capabilities of human nature (which) the economist has no.. special.. information"Alfred Marshall
|
Fellow-feeling (Theory of Moral Sentiments)
Adam-Smith
In every civilized society..there were always two..systems of morality.."
The Wealth Of Nations Book 5
|
| Economics Psychological Basis | Supereconomics Psychological Goal |
|---|---|
| Pleasure
Jevons
to maximise pleasure,is the problem of Economics
|
Peace of Mind
Smith
In what constitutes the real happiness of human life..
In ease of body and peace of mind, all the different ranks of life are nearly upon a level" Theory Of Moral Sentiments |
| Economics Means | Supereconomics Means |
|---|---|
| Competition and Profit Maximization | Cooperation and the Division of Labour and Stock |
| Economics Main Interest | Supereconomics Main Interest |
|---|---|
| Business Interests (Society Works for Businessmen) | Societal Interests (Business Works for Society) |
| Economics Motive And Measure | Supereconomics Motive And Measure |
|---|---|
| Supply or Production Motive measured by GDP
Say
it is the Aim of Good Government to Stimulate Production, of Bad Government to Encourage Consumption.
Samuelson
GDP and the..national income accounts are among the great inventions of the 20th century
|
Demand or Consumption Motive measured By Purchasing Power
Smith
Consumption is the sole end and purpose of all production; the interest of the producer ought to be attended to only.. for promoting that of the consumer.
|
| Pricing System | Nominal (money) Prices Only |
| Main Theory | Equilibrium Theory And Marginal Utility  |
| Economics Historical Examples | Supereconomics Motive and Measure |
|---|---|
| United States, Modern Countries | Roman Republic, Ancient China And India |
| Economics Main ‘scripture’ | Supereconomics Main ‘scripture’ |
|---|---|
| Principles Of Economics (Marshall), Economics (Samuelson) | The Wealth Of Nations (Smith), The Republic, The Economist (Socrates) |
| Economics Main Techniques | Supereconomics Main Techniques |
|---|---|
| Calculus, Equations | Metaphysics, Dialectics, Ratios |
| Economics Policy | Supereconomics Policy |
|---|---|
| Economic Growth | Economic Balance |
The Huge Knowledge Gap in Economics
Economics creates crises because of the huge gaps in knowledge about the nature of society and the self, since it only had 150 years of data on human behavior. An easy proof of the limitation of Economics is the Law of Supply is Demand is taught, but not the Four Laws of Value that lead to that Law of Supply and Demand
In contrast, Superphysics has over 2,500 years of knowledge from principles and data collected by philosophers before they were converted into scientists or researchers
