Chapter 5

Supereconomics Versus Economics

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by Juan
3 min read 595 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.

Chart

These create a supereconomic science that is very different from the current one.

Wrong Supply and Demand Chart
Economics Material Goal Supereconomics Material Goal
Private Wealth separate from government and morality

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"

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Say
Wealth of Society integrated with government & morality

Political œconomy..proposes to enrich both the peopleand the sovereign."

Adam Smith
Adam Smith The Wealth Of Nations
Economics Moral Basis Supereconomics Moral Basis
Uncertain morality

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

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say
Fellow-feeling (Theory of Moral Sentiments)

In every civilized society..there were always two..systems of morality.."

Adam Smith
Adam Smith The Wealth Of Nations Book 5
Economics Psychological Basis Supereconomics Psychological Goal
Pleasure

to maximise pleasure,is the problem of Economics

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Willam Stanley Jevons
Peace of Mind

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

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Smith
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

it is the Aim of Good Government to Stimulate Production, of Bad Government to Encourage Consumption.

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Say

GDP and the..national income accounts are among the great inventions of the 20th century

Paul Samuelson
Paul Samuelson
Demand or Consumption Motive measured By Purchasing Power

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.

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Smith
Pricing System Nominal (money) Prices Only
Main Theory Equilibrium Theory And Marginal Utility Marginal Utility Wrong
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

Supereconomics Knowledge

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

Supereconomics Knowledge vs Economics
The areas in black indicate the known concepts in both Economics and Superphysics

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