Economic stability is the satisfaction of the worker and consumer with rewards for his/her labour and goods he/she purchases to relatively sustain the quality of his/her family. No family is well off living on a benefit and handout alone.
Social stability not only concerns with links between groups and institutions, but also with individuals. This is increasingly necessary as the perpetuation of AI and virtual realities become apparent in our daily lives.
Social stability therefore seeks to strengthen that objective link binding the real to individuals and groups from their subjective aspects. For example, if one tries to recall a reality, it is the objective that provides the practical outcome on solid ground. This bind is measured in a contribution to groups and society.
And that solidifies the social objective role in the stability of the economy.
It is previously mentioned in here that AI is based on pure logic and linear abstract of material application. Linear entities are those aspects of the material that fail to produce solid and stable outcomes. Therefore as long as the economy remains linear, it is susceptible to volatility.
Virtual reality may engage one's senses in an interactive pre-programmed script, but like dreams and desires, the images remain in the memory. At a desperate time of recollecting experience, the individual is not able to remember if the experience was a practical reality or a virtual one. The memory is not able to distinguish the real from subjective dreams and desires. And thus the economy remains static in subjective consumerism. This is compared to a mental health institution.
Now is crucial as Technology works overtime in collecting data on individuals. Data is then analysed by AI intelligence which complies with abstract and linear materialism. That means, one is judged by statistical observation based on such factors as facial features, ethnicity, dress presentation and frequency of material habits etc..
The linear analysis conforms to the material and cannot transcend that material into useful motives and purposes of existence. The material itself and its aspects such as dreams, wishes and desires dwell on the same subjective layer. And thus the economy is threatened to mire in the abyss.
Since the memory cannot distinguish the subjective from the real, the aspects merely conforms to stereotypes that one person commits a crime therefore his/her whole culture is criminal.
At the same time, one wonders why anyone is guilty of a material crime when there is no moral objectivism in materialism where Capitalism itself is the linear law of the material. And anyone who commits a crime of the material is punished to set an example. He/she is not punished for a morally unacceptable crime; instead he/she is punished because of violating the entity of the material.
Further, the Capitalism honorary system itself does not acknowledge those who behave morally acceptable standards; instead it confers honours to those who have advanced the course of material capitalism even though the course of advancing material capitalism may have resulted with thousands losing their lives, their homes and livelihood.
And that confirms the linear abstract nature of pure materialism which disregards the social consequences.
Led by tribal and conservative traditions, Brexit and Trump attempted to enforce pure or vulgar Capitalism in their favour. But no sooner had they tried than realised the need for objective social relationships. Trump is now not only isolated in global affairs, but Brexit is telling the world that free trade agreements is good, but only on own unilateral terms.
And the above provides more reinforcements of social objectivism for economic stability. The alternative is filled by a power vacuum. There are no social obligations, only a straight jacket of conformation to material senses of consumerism.
I have advocated that material Capitalism works better with Socialism. But Socialism requires the material base of form while the material requires socialism to stabilise in whole. Material capitalism alone is inhuman and purposeless; Socialism alone is all head and no corpse.
In context, when the right wing of the spectrum pushes for material economic development disregarding the social consequences, it is promoting vulgar or pure Capitalism.
When the left wing of the spectrum embarks on social policies without practical material economic development, it is promoting Socialism.
Now the ideal system for both social and economic stability is the balance between the two systems.
Of the three systems; Capitalism, Social Capitalism and Socialism are respectively represented by Mr Key, Mr. English and Mr. Little.
On the one extreme, pure Capitalism as in Mr. Key's reign had neglected social needs and on the other extreme Socialism as represented by Mr. Little et al had offered too much social spending of tax payer revenue without the practical material development for back up.
And so for a reality check: too much to the right is below the threshold; too much to the left is beyond the threshold. That leaves the ideal in the middle to balance the abstract entity with solid ground of social objectivism. It not only stabilises the social and economic organisation, but also validates the law of the material a science and conducive of moral expectation.
Social Conservativism like Rangatiratanga is the maintenance of traditional material development for the purpose of meeting the social needs of communities and their families. And stability is endured by objective links producing solid economic and social outcomes. That's where groups and individuals are content with rewards of their labour that sustain the quality of life for their families.