Look at this 5-dimensional model. It will blow your mind to encounter this model. Nowhere else will you find a 5-Dimensional Human Action Model that lays out macroeconomics and lays the foundation for microeconomics, ethical economics, and economic justice.
Last time we developed the model to its highest form as a two dimensional model. Now we will go beyond that.
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The Three Dimensional Model
The next modification of the divine economy model stretches the imagination a little by adding a depth dimension, the third dimension in this model. This can be grasped fairly easily by imagining the modus operandi of the divine economy given in Diagram 2c
as submerged in a bowl of water. The water that surrounds and supports the model represents latent and active entrepreneurship. See Diagram 2e.
This adds another dimension, the third dimension.
Entrepreneurship is alertness to one’s surroundings and the knowledge therein. This is nearly perfectly represented by the ‘submersion’ analogy. The water is what surrounds (‘one’s surroundings’) and submersion into the water introduces entrepreneurship. In this entrepreneurial condition all that is within (‘the knowledge therein’) potentially comes to light.
We’re moving towards the 5-Dimensional Human Action Model.
When entrepreneurship is in the latent state the divine economy and its components are in potential only. When alertness triggers a response the result is active entrepreneurship, which significantly, is the driving force in the economy.
If I am in a latent state of entrepreneurship I may simply buy a product that I like. Or I may begin to actively perceive opportunities and compare and contrast to see what other products are out there to buy or sell. Additionally I may look at the time horizon. I may weigh the various possibilities and decide to save so that I can buy a tractor because of the prospect of improved production, for example.
As an active entrepreneur I may discover discrepancies in the market that lead to inefficiencies and I may take steps to remedy the situation. When in a latent state, the water merely holds within it the divine economy. But when there is active entrepreneurship, energy is released which charges all of the elements in the water.
We’re about to take one step closer to the 5-Dimensional Model.
The Fourth Dimension
The fourth dimension of the divine economy model enters into the picture by identifying its poles. The divine economy has many components just like the complex system of the planet Earth which has numerous components such as the water cycle, the ocean currents, the atmospheric forces, geothermal forces, and absorption of solar radiation to name a few. The Earth also can be understood more fully by examining these factors as they are influenced by rotation around its poles.
Similarly the divine economy can be more fully understood when the model includes the poles of unity and justice (Diagram 2f). It is around these two poles that the divine economy revolves. The axis of these poles represents the ‘nature and role of knowledge.’ The implication here—with this axis being centrally located within the model—is that knowledge flows throughout and that it is this free-flowing knowledge that best serves all of the divine economy processes.
The fourth dimension takes us one step closer to the final 5-Dimensional Model.
This is a key concept in the divine economy theory. It is the nature and role of knowledge that enables the equilibrium forces to maintain balance and harmony. Intervention by those with finite human understanding strikes at the ‘nature and role of knowledge’ axis—with the consequences being a condition of imbalance and disharmony and a corruption of the divine economy.
The fourth dimension adds justice.
The fourth dimension adds unity.
To clarify the importance of justice, it is justice that inextricably links the interests of the individual and those of society. Justice also implies non-violence and non-coercion.
Elaborating on the pole of unity; the pole of unity shines with prosperity for all. There is now an awareness of the historical and scientific knowledge that shows all of humanity as one people. As far back as a.d. 1573 Bartolome de Albornoz wrote:
“Buying and selling is the nerve of human life that sustains the universe. By means of buying and selling the world is united, joining distant lands and nations, people of different languages, laws and ways of life.”
We’ve now arrived at the 5-Dimensional Model.
The Fifth Dimension
The fifth dimension of the divine economy model brings in the realism of time since there is no realism to any economic model that is static. The dynamicism of all of the elements of the model comes to life as changes take place over time (Diagram 2g).
Now that the complete model of the divine economy is defined we are ready to examine economic production. The Divine Economy Model © is conducive to the graphical and conceptual exploration of production possibilities frontiers, as you will find out in the next chapter.
The 5-Dimensional Model is dynamic.
Selected Exercises
⒈ What is it that convinces you that the Divine Economy Model © is a
subjective model?
⒉ Explain how all of the elements in the Divine Economy Model © are
affected by the equilibrium forces.
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