Presenting: The Invisible Hand of Human Dharma Part 1

Separating Samuelson

Our proposed science of Pantrynomics is derived almost entirely from The Wealth of Nations by Adam Smith and is fundamentally different from the current science of Economics which is completely objective in nature. For example, Economics targets specific, numerical goals like 10% GDP or 4% inflation and then imposes them on people.

Pantrynomics on the other hand, balances the objective with the subjective. It asks what the people want to achieve in the first place, and then creates its objectives from them, implemented as a resource allocation system. This is how all economic activity happens anyway, that is, no one wants to be forced to do something that is against their own interests. That’s why Pantrynomics physically manifests as a social network.

This network can then work according to the invisible hand, which is one of Smith’s most famous ideas. It forms the core of our entire system as it leads to division of labour which then sustains human societies throughout its different cycles.

Everything in an economy is derived from the collective work done by humans and even work animals.

As it is so fundamental, an explanation on this invisible hand is required. The first step is to start with a blank slate and separate the popular definition of the invisible hand done by Paul Samuelson in his textbook Economics:

Smith proclaimed the principle of the ‘invisible hand’. It says that every individual, in selfishly pursuing only his or her personal good, is led, as if by an invisible hand, to achieve the best good for all. (Samuelson)

All ‘economic’ systems crash because its main scripture was corrupt to begin with, or what we call ‘adharmic’ (in our metaphysical system, there is no good or bad, just ‘dharmic’ or ‘adharmic’)

Read the rest of the post at https://superphysics.org/social/economics/principles/invisible-hand/