ECONOMICS IS A "LIFE-SCIENCE!"
ECONOMICS IS “A LIFE-SCIENCE!”
Leo Emmanuel Lochard on Monday, January 2, 2023
To know, understand, and scientifically apply the core fundamental substance of true reality: We must begin from the ground up! So, let's get grounded!
Let’s be verily well-grounded: not in abstract conjectures or presuppositions! Do not live, “only between your ears,” but, rather, in “the real natural order of things that exist,” to “purposely operate,” “meaningfully function,” and “constructively move” within the whole Universe!
Your very first act in the Universe when you exit your mother’s womb after natural biological Conception is to take your VERY FIRST BREATH OF LIFE FOR PROSPEROUS LIVING in this Universe!
Oxygen, being a natural resource of Planet Earth like Iron Oxide or Bauxite, like Water or fertile Soil, makes ECONOMICS a “LIFE-SCIENCE!”
Therefore, an authentic OPERATIONAL definition of “Economics” is that: Economics is a “Life-Science!”
The Fruit you pluck out a tree's branch hung IN THE AIR, starts, first, with its SEED, planted IN THE GROUND or fertile Soil!
So: ECONOMICS begins, not in your Mind, but IN THE UNIVERSE, for which, only our CREATOR has “the title,” and no one else!
Mortal Humans don’t have “the Title” to this Planet. Only God, our loving Creator, does! Eventually, we all go “six feet under!” And, “there is no U-Haul behind a hearse!”
Thus, all things that were, are, and will become, belong to Almighty God, Our loving Savior, Our merciful Redeemer, Our gracious Heavenly Father: Our awesome Creator!
But, for that fruit hanging on the tree branch to “land in your stomach,” you must, first, “get moving” and then, go pick that fruit SPECIFICALLY from its own fruit tree! Why? Because: You can’t pick apples from an orange tree! For, “A tree is known by its fruit!”
And that means: There are “absolute standards” or “self-evident Truths” in our existential reality that cannot be ignored or suppressed without serious consequences for civilized Human living on this Planet.
In order to live and remain in optimal health, you breathe and inhale OXYGEN – or, O - and not Carbon Monoxide – CO. When exceedingly thirsty, WATER – or, H2O - will really quench your thirst and not Sulfuric Acid or H2SO4. The Speed of Light in a Vacuum is 186,000 miles per second, and not 2,000 miles per second, or 34 Million miles per second. For biological reproduction: Human Male Sperm Cell fertilizes Human Female Ovum, and not feces or waste matter!
So, in attempting to authentically define “THE SCIENCE OF ECONOMICS” as a “life-science,” let us remain totally grounded in substantial reality and not in imaginary conceptual fiction or mentally contrived and contorted verbal schemes.
THAT MEANS, WE MUST START AND BEGIN, ONLY, FROM “THE NATURAL ORDER OF THINGS THAT EXIST” IN THE WHOLE UNIVERSE!
First of all, Science has its own method or “way of doing things:” The Scientific Method, tenets of which, requiring “reproducibility” in both theory and application!
What do we mean, then, when we say: “The Science of Economics is a LIFE-SCIENCE?”
The First Law of Thermodynamics states:
“Energy is never created nor destroyed, but always Transformed.”
What does PHYSICS have to do with ECONOMICS?
Mathematical Equations for defining and explaining natural processes, universal phenomena, and earthly ecological-meteorological events that are logically derived from the Science of Physics are proven true and valid via cause-and-effect relations and mechanisms when they result in yielding a useful, operational, objective, physical, functional TECHNOLOGY.
Thus, validly proven PHYSICS EQUATIONS, such as F = ma or E = mc2 yield, produce, or result in our creative invention and innovating manufacturing of physical-material functional, operational, useful and objective TECHNOLOGIES — F = ma, a mathematical equation condensing Isaac Newton’s Laws of Motion, makes realizable, our launching of ARTIFICIAL SPACE SATELLITES in Low Earth Orbit for Telecommunications purposes and functionalities; and — E = mc2 , a mathematical equation embodying an operational definition and description by Albert Einstein, of the Law of Energy Transformation, yields, produces, or results in nuclear fusion reactions and/or nuclear fission reactions that climax into our production of NUCLEAR BOMBS.
Thus, SCIENCE, by its consistent reliance upon “integrated correspondence” between its theoretical assumptions and objective applications, in methodical faithfulness to INPUT-PROCESS-OUTPUT, which is “the operational mechanism of thermodynamic Energy transformation,” continues to “journey towards meaningful accuracy.” In its evolution from one Form to another Form “towards meaningful accuracy,” Science, is “finally standardized” within “core fundamental principles” that MUST demonstrate to possess, not only, the quality of “Theoretical Refinement,” but also, when necessitated, the characteristic of “a flexible Process” for making corrections in its Applications!
For example, the “Science of Physics” has “evolved” FROM discoveries by such science researchers as Galileo, Brahe, Copernicus, and Kepler TO discoveries by Newton, through discoveries by Maxwell and Faraday, climaxing into discoveries by Einstein. Newton defined the Law of Gravity as “Centers-of-Mass attract Centers-of-Mass” — accounting for the gravitational relationship between the Earth and its natural satellite, the Moon — which Einstein complemented by his addition to the Law of Gravity that “Centers-of-Mass also bend, curve or warp Space” —accounting for the Perihelion Shift of Planet Mercury.
Just as Physics began with physical-material Reality, Economics must also begin, NOT in your mind, but IN THE PHYSICAL-MATERIAL UNIVERSE AND PLANET EARTH, both of which, ARE REPLETE WITH AN ABUNDANCE OF NATURAL AND COSMIC RESOURCES, abounding as a well-spring of scientific assets for the discovery and production of numerous objective technological inventions.
We're GROUNDED IN REALITY, remember, and not in mere fictional imagination!
Thus, ECONOMIC THEORY, having to do with natural resources and cosmic assets, begins, NOT, in your “disembodied” abstract thoughts and ideas, but, with your transformation of such resources and assets into technologies that fulfill your DNA's REAL NEEDS that are already GROUNDED IN THE REAL PHYSICAL-MATERIAL OBJECTIVE UNIVERSE!
So: What is TRUE CAPITAL in which FRUITFUL INVESTMENT is made? True and real Capital is: THE WHOLE UNIVERSE that abounds with natural resources and cosmic assets.
Consequently, a true and authentic definition of Economics cannot be “the Management of Scarcity.”
To the contrary, we have UNIVERSAL ABUNDANCE! Blessings of divine Providence - God's Creation!
In short, We, Humanity, have the whole total UNIVERSE at our commonly agreed-upon equal disposition via regulations, enactments, treaties, and policies called “legislation” by our elected representatives, for just, free, peaceable, and lawful administrative stewardship of the Planet’s resources and equal access to all lawfully established and justly practiced societal opportunities for individual and social prosperity!
Therefore: God’s Creation, is True and Real CAPITAL forming Universal Abundance, God’s divine Providence for us, mortal Humans:
(1) True authentic Capital is the WHOLE REAL UNIVERSE!
(2) Economic Theory is based upon: Your DNA's REAL NEEDS grounded in true Capital: THE REAL UNIVERSE!
(3) Thus: The SCIENCE OF ECONOMICS directly engages WHAT YOUR DNA MUST DO WITH TRUE AND REAL CAPITAL, THE WHOLE UNIVERSE, IN ORDER TO FULFILL YOUR REAL NATURAL, BIOLOGICAL, AND SOCIAL NEEDS!
In acknowledging and understanding, recognizing and realizing the obvious self-evident truth that: The whole Universe, — even the whole Planet, — is much, much bigger than the general denotation encased in the restricted definition of “Capital” by “Economists” who define the Economy as “The Management of Scarcity.”
Therefore, we are certainly neither naïve nor cynical, but only hopeful, in stating that: Our capitalist system of free enterprise is NOT the problem, but rather, our definition of Economics, by “Economists,” as: "The management of scarcity." Economics is rather administrative stewardship or administrative management of UNIVERSAL ABUNDANCE!
Where is the “scarcity” of able-bodied and willing-to-work laborers in a population of 330,000,000 people in the United States of America?
Where is the “scarcity of Resources” in a country with an American landmass surface area as large as 3,794,100 square miles?
Is there really “scarcity” in this whole Universe? Is there “scarcity” within this whole Planet constituted of Air, Land and Sea in which are embedded all our natural, societal, and social resources?
WHAT IS THE TRUE MEANING AND APPLICATION OF ECONOMICS FOR "LIFE, LIBERTY AND THE PURSUIT OF HAPPINESS:" DIRECTLY ATTENDING TO THE SELF-EVIDENT NEEDS OF YOUR REAL DNA GROUNDED IN REAL CAPITAL, WHICH IS, THE WHOLE REAL UNIVERSE, WITH ALL OF WHICH, YOU MUST FULFILL ALL YOUR REAL DNA NEEDS, such as:
. SOCIETAL SAFETY, along with all the social resources and societal assets that fulfill your spiritual-emotional needs, such as, for Human relationships of love and friendship, whereby, all the good blessings flowing from associative Human activities can be enjoyed.
So: TRUE LIBERTY governs in your LIFE, when you become really FREE to choose what you truly CONSENT to do with your DNA's real FUNDAMENTAL needs in the Universe, sums of which, are ALREADY fulfilled, FROM THE GROUND UP, by REAL CAPITAL: With all your real needs fulfilled in the free, equal, just, peaceable, and lawful, unhindered exercise of your constitutionally preserved and protected Bill of Rights, as “blessings of liberty to ourselves and our posterity!”
For when your REAL FUNDAMENTAL, TRUE-DNA NEEDS are COMPLETELY fulfilled FROM THE GROUND UP with REAL CAPITAL: Your whole life is NOT spent "Struggling to make ends meet!"
Do you understand, folks? Only mortal Humans get to be buried in an honorable funeral for internment in the cemetery of their choice. We are “only passing through” while the whole Universe remains for us all to administer in good stewardship and equal enjoyment.
THE WHOLE-UNIVERSE IS "HERE TO STAY!" And all its resources are not going anywhere else. They’re not going to Mars, Jupiter or Uranus!
Just as well, PLANET EARTH IS “HERE TO STAY!”
Thus: Certainly, assuredly, verily and truly, There is no such thing as “Scarcity.” What “shortage?” What “Scarcity?” What exactly is “missing” from this Planet and the whole Universe? Everything we really need is already here for us when we are conceived and born into Human life!
THE WHOLE-UNIVERSE AND PLANET EARTH ARE "HERE TO STAY!" Thus, it is only a matter of good administrative stewardship.
This Self-evident Truth means: The economic concept of "SCARCITY" is a restrictive limitation upon the reality of divine Providence, which is, God’s Creation, that is intelligently designed “to make scientific sense” to our logical Minds and reasonable spirits for the benefit, well-being, and welfare of the whole Family of Humanity.
Here is a wondrous mystery: Both life and death are encased and condensed, as in a nutshell, in your biological DNA, but, life is its own justification!
For, all mortal Humans are equally created by God to lawfully, freely, peaceably and justly prosper in this Universe and on Planet Earth “from the Womb to the Tomb!”
Therefore, as clearly stated in our Declaration of Independence of the United States of America: You are the Equal of every other mortal Human Being on this Planet! In personal worth and individual value, you justly deserve and merit to be treated with dignity and decency, sums of which, designed for your rightful inheritance and gifted possession of God-endowed inalienable constitutional Rights that encompass the whole of Self-evident Reality as truly condensed and contained in the fundamental substance of the real material-physical Universe — ALL THINGS THAT REALLY AND TRULY EXIST TO FULFILL OUR REAL BIOLOGICAL DNA NEEDS!
The very first thing all little Human babies do when they exit the security of their mothers’ wombs is: To take the “breath of life” from Earth Atmosphere!
Thus, "Earth Real-Capital Economics" begins and ends with “WHAT HAPPENS TO YOUR BIOLOGIAL DNA” from natural biological conception and birth, to natural biological death!
For, apart from us, that is:
Absent, HUMAN BEINGS in the Milky Way Galaxy, the whole Universe, by itself, is “blind, deaf and dumb,” because, it is through us, via our creative powers, technological inventiveness, and productive Intelligence that the whole Universe obtains the well-merited joy in living its “Intrinsic Capacity for Self-discovery” through the life-affirming Technologies that operate to maintain, as does Nature, all our Earthly Life-Support Systems.
Folks: The fundamental essential intrinsic substance in our Minds, activating our knowledge and understanding and application of authentic meaning and genuine significance for “the Science of Economics” on this Earth, does not involve and evoke “merely hoarding money,” but rather, rests within the truly useful transformative innovations of THE WHOLE PHYSICAL UNIVERSE THAT IS REAL MATERIAL CAPITAL performed by us, Humans, in order to genuinely fulfill all our biological-DNA needs, physiological, personal, and social, from the womb to the tomb! ***