Making Money Real
(By B.J. Chippindale)
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In a book that connects our threat of extinction to the money we use, a NASA Engineer introduces a real definition of money and explains what that definition means to our society –and he’s NOT an economist.
Economists have given us Capitalism, Communism, Socialism, Georgism, and Neoliberalism, along with definitions that have us $300 trillion in the hole and still digging like maniacs.
Engineering gives us an introduction to Mahinism and a real definition (Mahi is te reo Māori for “work.”).
This book, the real definition of money, and the link it makes between economics and physics, (all real sciences are linked to physics), have their sources in engineering.
The philosophically real definition demands that money, and thus economics, be subject to the laws of thermodynamics.
And the economist’s ignorance of the laws is no excuse.
We have known that what we are doing is wrong for a very long time.“Thus, according to the Holy Bible, according to the Holy Koran, according to the Tanakh of Judaism, according to Georgism, according to Communism, and according to the Laws of Physics – the interest that is basic to our existing economic system is WRONG”.
People who heard the new definition, “Real money represents work done,” asked, “How can that work?” And the book grew from 80 to 400 pages.
Unlike most books about the problems of society (The Price of Inequality, Capital in the 21st Century, or The New Climate Wars), Making Money Real provides detailed answers. When the laws apply to money, those details comprehensively change the profit motive, scarcity pricing, ownership, automation, energy, intellectual property, news and media funding, advertising, taxes, monetary policy, banking, lending, and cash.
Making Money Real is a book for people who want another way of organizing human societies, people who occupied Wall Street and joined Extinction Rebellion.
It is written so that most people will be able to understand it.
Laws in terms of Money:
First Law (Conservation of Energy): Energy cannot make new Energy, Money cannot make more Money, and thus _Ownership cannot make money_. There Ain’t No Such Thing As A Free Lunch.
Second Law (Entropy): Entropy always increases (available work cannot be stored without loss), You cannot save or hoard money without losses. Money must “rot like potatoes” – Silvio Gesell. Rust never sleeps
BJ Chippindale is an engineer with degrees in Psychology, Mechanical Engineering, and Computer Science and an attitude problem with mainstream economists; he has programmed Real-Time, Embedded, Multi-Threaded instrument control systems at NASA’s Jet Propulsion Laboratory. Now retired and living in Wellington, NZ, he has been politically Green for the past 30 years because NASA has no illusions about climate. Described as “tenacious” by his admirers and “mule-headed-stubborn” by his mirror. He is the first Mahinist.”
