Review – Nitya: A Tale of Two Brothers

Nitya: A Tale of Two Brothers
Mahesh Kishore,
SHF Publications, 2019 (order here) 

Just finished reading this remarkable study of the relationship of Krishnamurti and his younger brother Nityananda. The author provides a very intimate and sympathetic narrative of their deep friendship in the context of the World Teacher Project inaugurated by the then leaders of the Theosophical Society, Annie Besant and C.W. Leadbeater. This Project was the physical and mental preparation of the human ‘vehicle’ Krishnamurti for the consciousness of Maitreya, Buddha’s main disciple, to manifest through.

The narrative is firmly premised on 1) the idea that the Project was genuine, i.e. transcendental forces and personalities (Masters) were responsible for its start and guidance, and 2) that after Nitya’s death in November of 1925 his personality merged with Krishnamurti’s thereby transferring psychological attitudes Nitya had developed and Krishnamurti somewhat lacked, resulting in a quite different Krishnamurti at the end of December of 1925 when many people believed the first manifestations of Maitreya occurred.

In this manner Nitya indeed had become essential to Krishnamurti’s destiny, something many followers of the Project, including both brothers, believed, even to the extent that some of Nitya’s admirers could easily re-direct their more personable affection for Nitya to Krishnamurti.

The plot-line of the first volume of Mary Lutyen’s 1975 biography of Krishnamurti reads like a chronicle of Krishnamurti’s more or less solitary coming of age and enlightenment (“The Years of Awakening”), and seems to be, as far as its metaphysical premises are concerned, close to K’s deep skepticism of his Theosophical status and destiny as that attitude developed starting around 1927.

Kishore’s plot-line of his study reads more like a love story of two very close friends deeply dedicated (though with some ups and downs) to the Project and all its ramifications (except for the ‘Huizen manifestations’, which is a story by itself). And the author, as indicated above, is very much in sympathy with the Theosophical worldview guiding the brothers till 1925. Because he is in sympathy with that view he can easily recount the brothers’ experiences from their own situated perspective. This enables a very close emphatic interpretation of their lives and contributes to our understanding of the peculiar life-world of these two young men during their formative years. As the back cover justifiably states, the importance of this book is not only the presentation of some new facts, but the author’s “compellingly stringing his research together to create a new picture of of these two astonishing people”.

Very helpful to the narrative are indeed the author’s use of quotes from Nitya’s diary (ca. 10) and the many letters from Nitya to Krishnamurti (ca. 13), to Leadbeater (ca. 15), to Besant (ca. 10), and to the Manziarly family (ca. 8).

The quantity of letters, which have apparently survived, makes me think that it might be time, now about a hundred years after their composition, to have them all published in an academic format.

I like to end this review with a critical note about the author’s main claim regarding the merging of the consciousness of the two brother’s after Nitya’s death. This has to be done, because the author not only makes a strong case for this idea by quoting Krishnamurti himself, but he also recounts stories which makes this claim questionable, though there might be subtle ways out of certain contradictions based on the intricacies of Theosophical psychology, though such ad hoc reinterpretations will have their own interesting implications.

So, even though Krishnamurti made clear statements in his letters and poetry, and in verbal statements to others, that his consciousness had merged with Nitya’s, Kishore also recounts instances in which this idea becomes problematic. For example, and this might be one of the strongest counterfactuals, Kishore refers to Rosalind Rajagopal’s story that, when K saw her daughter Radha for the first time, he supposedly asked “Do you think it’s Nitya?” If the brothers’ consciousnesses had melded that question would never have been asked.

Additions to Bibliography April 2020

This is a list with bibliographic additions to the extensive bibliography, alphabetized and categorized under Academic Sources, MMT Issue, Advocacy, Supporting Studies, Articles, Videos and Background Studies.

Academic Sources

Allen, William R. 1993. “Irving Fisher and the 100 Percent Reserve Proposal“. The Journal of Law and Economics, 36/2: 703-717.

Becklumb, Penny & Frigon, Mathieu. 2015. How the Bank of Canada Creates Money for the Federal Government: Operational and Legal Aspects (In Brief). Ottowa, Canada: Library of Parliament. 10 Aug 2015.

Bezemer, D. & Ryan-Collins & J., van Lerven, F. & Zhang, L. 2018. “Credit Where It’s Due: A Historical, Theoretical and Empirical Review of Credit Guidance Policies in the 20th Century“. UCL Institute for Innovation and Public Purpose Working Paper Series, No. 2018-11.

Bjerg, Ole. 2017. “Designing New Money: The Policy Trilemma of Central Bank Digital Currency.” Copenhagen Business School. Working Paper, June 2017

Chick, Victoria. 1993. “The Evolution of the Banking System and the Theory of Monetary Policy”. In Frowen, S.F. (Ed.), Monetary Theory and Monetary Policy: New Tracks for the 1990s, London: Macmillan, 79–92.

Demeulemeester, Samuel. 2018. “The 100% Money Proposal and its Implications for Banking: The Currie–Fisher Approach versus the Chicago Plan Approach“. The European Journal of the History of Economic Thought, 25/2: 357-387.

Desan, Christine. 2010. “Coin Reconsidered: The Political Alchemy of Commodity Money“. Theoretical Inquiries in Law, 11/1: 361-409.

Dimand, Robert W. 1993. “100 Percent Money: Irving Fisher and Banking Reform in the 1930s”. History of Economic Ideas: 59-76.

Di Muzio, Tim. 2015. The 1% and the Rest of Us: A Political Economy of Dominant Ownership. Zed Books Ltd. (Amazon)

DiMuzio, Tim, and Richard Robbins. 2020. “Capitalized Money, Austerity and the Math of Capitalism“. Current Sociology, 68/2: 149–168.

Dow, Sheila C. 2006. “Endogenous Money: Structuralist”. In: Arestis, Phillip & Sawyer, Malcolm (Eds.), A Handbook of Alternative Monetary Economics,
Cheltenham, UK & Brookfield, USA: Edward Elgar, 35-51.

Evans, Trevor. 1997. “Marxian Theories of Credit Money and Capital”. International Journal of Political Economy, 27/1: 7-42.

Frame, Iain. 2012. “Country Rag Merchants” and “Octopus Tentacles”: An Analysis of Law’s Contribution to the Creation of Money in England and Wales, 1790-1844. Thesis, Harvard Law School.

Frame, Iain. 2015. “‘Country Rag Merchants’ and English Local Currencies in the Late Eighteenth and Early Nineteenth Century“. Journal of Law and Society, 42/4: 588-610.

Frame, Iain. 2020. “Between the ‘Bank Screw’ and ‘Affording Assistance’. Rules, Standards, and the Bank Charter Act of 1844.” The Modern Law Review, 83/1: 64-90.

Goodhart, Charles & Hudson, Michael. 2018. “Could/should jubilee debt cancellations be reintroduced today?” Discussion Paper DP12605. London: Centre for Economic Policy Research.

Hockett, Robert C. & Omarova, Saule. 2015. “Public Actors in Private Markets: Toward a Developmental Finance State“. Washington University Law Review, 93: 103-175.

Hockett, Robert C. & Omarova, Saule. 2016. “Challenging the Financial Intermediation Myth“. The CLS Blue Sky Blog, 17 Oct 2016.

Hockett, Robert C. & Omarova, Saule. 2017. “The Finance Franchise“. Cornell Law Review, 102: 1143-1218.

Howells, Peter. 2006. “The Endogeneity of Money: Empirical Evidence“. In: Arestis, Philip, & Malcolm C. Sawyer (Eds.), A Handbook of Alternative Monetary Economics. Cheltenham, UK & Brookfield, USA: Edward Elgar Publishing. 52-68.

Hudson, Michael. 1994. “The Archaeology of Collapse: A 4000 Year Perspective” with Fred Harrison, in A Philosophy for a Fair Society. London: Shepheard-Walwyn, 7-31.

Hudson, Michael. 1998. “Land Monopolization, Fiscal Crises and Clean Slate ‘Jubilee’ Proclamations in Antiquity”. In A Philosophy for a Fair Society: 33-79. Also in Robert C. Hunt and Antonio Gilman, eds., Property in Economic Context. University Press of America, Monographs in Economic Anthropology, 14: 139-169.

Hudson, Michael. 1998. “Land Taxation in Mesopotamia and Classical Antiquity”. In Robert Andelson, ed., Land-Value Taxation Around the World. New York: Robert Schalkenbach, 17-35.

Hudson, Michael. 1999. “The Economic Roots of the Jubilee”. Bible Review (15 Feb 1999): 26-33, 44.

Hudson, Michael. 1999. “Just how did ancient bureaucrats set their interest rates?” Archaeological Odyssey, 2 (July/Aug 1999): 6-7.

Hudson, Michael. 1999. “From Sacred Enclave to Temple to City”. In Hudson, Michael. & Levine, Baruch (Eds.), Urbanization and Land Ownership in the Ancient Near East. Cambridge, MA: Peabody Museum Harvard, 117-191.

Hudson, Michael. 2003. “The Cartalist/Monetarist Debate in Historical Perspective”. In Edward Nell and Stephanie Bell (Eds.). The State, The Market and The Euro. Cheltenham: Edward Elgar, 39-76.

Hudson, Michael. 2004. “The Development of Money-of-Account in Sumer’s Temples”. In Michael Hudson and Cornelia Wunsch, ed., Creating Economic Order: Record-Keeping, Standardization and the Development of Accounting in the Ancient Near East. Bethesda, MD: CDL Press. 303-329.

Hudson, Michael. 2004. “The Archaeology of Money in Light of Mesopotamian Records”. In L. Randall Wray (Ed.). Credit and State Theories of Money: The Contributions of A. Mitchell Innes. Cheltenham: Edward Elgar.

Hudson, Michael. 2009 (1992). Trade, Development and Foreign Debt. Dresden, Germany: ISLET Press.

Hudson, Michael. 2010. America’s Protectionist Takeoff, 1815-1914: The Neglected American School of Political Economy. Dresden, Germany: ISLET Press.

Hudson, Michael. 2012. Finance Capitalism and its Discontents: Interviews and Speeches, 2003-2012. Dresden, Germany: ISLET Press

Hudson, Michael. 2014. The Bubble and Beyond: Fictitious Capital, Debt Deflation and Global Crisis. Dresden, Germany: ISLET Press

Hudson, Michael. 2015. Killing The Host: How Financial Parasites And Debt Bondage Destroy The Global Economy. Dresden, Germany: ISLET Press.

Hudson, Michael. 2017. J Is For Junk Economics: A Guide To Reality In An Age Of Deception. Dresden, Germany: ISLET Press.

Hudson, Michael. 2018. …and forgive them their debts: Lending, Foreclosure and Redemption From Bronze Age Finance to the Jubilee Year. Dresden, Germany: ISLET Press.

Hudson, Michael. & Levine, Baruch (Eds.). 1999. Urbanization and Land Ownership in the Ancient Near East. Cambridge, MS: Peabody Museum Harvard.

Hudson, Michael & Marc Van De Mieroop (Eds.). 2002. Debt and Economic Renewal in the Ancient Near East. Bethesda, MD: CDL Press.

Jackson, T. & Victor, P. 2015. “Credit Creation and the ‘Growth Imperative’ – A Quasistationary Economy with Debt-Based Money“. PASSAGE Working Paper 15/01. Guildford: University of Surrey.

Kelton, Stephanie & Nell, Edward (Eds.). 2003. The State, the Market, and the Euro: Chartalism Versus Metallism in the Theory of Money. Cheltenham: Edward Elgar.

McMillan, Jonathan. 2015. The End of Banking: Money, Credit, and the Digital Revolution. Zurich, Switzerland: Zero/One Economics .

Meikle, Scott. 1994. “Aristotle on Money”. Phronesis, 39/1: 26-44.

Mellor, Mary. 2010. “Could the Money System Be the Basis of a Sufficiency Economy“. Real-World Economics Review, 54: 79-88.

Mellor, Mary. 2015. Debt or Democracy? Public Money for Sustainability and Social Justice. Chicago: University of Chicago Press Economics Books. (See also “Money for the People” based on this book)

Mellor, Mary. 2010. The Future of Money: From Financial Crisis to Public Resource. London & New York: Pluto Press.

Minsky, Hyman P. 1986. Stabilizing an Unstable Economy. New Haven and London: Yale University Press.

Minsky, Hyman P. 1992. “The Financial Instability Hypothesis“. The Jerome Levy Economics Institute of Bard College, Working Paper No. 74.

Pavanelli, Giovanni. 2004. “The Great Depression in Irving Fisher’s Thought“. Political Events and Economic Ideas, 289.

Quignon, Laurent. 2019. “Money Creation: How Does It Work?” BNP Paribas, 19 Feb 2019.

Ricks, Morgan. 2018. “Money as Infrastructure“. Columbia Business Law Review, 3: 757-851.

Robbins, Richard H. 2018. “An Anthropological Contribution to Rethinking the Relationship between Money, Debt, and Economic Growth”. Focaal, 81: 99-120.

Rothbard, Murray Newton. 2002. History of Money and Banking in the United States: The Colonial Era to World War II. Auburn, AL: Ludwig von Mises Institute.

Ryan-Collins, Josh. “Is Monetary Financing Inflationary? A Case Study of the Canadian Economy, 1935-75“. Working Paper, No. 848. Annandale-on-Hudson, NY: Levy Economics Institute of Bard College.

Ryan-Collins, Josh & van Lerven, Frank. 2018. “Bringing the Helicopter to Ground: A Historical Review of Fiscal-Monetary Coordination to Support Economic Growth in the 20th Century“. Institute for Innovation and Public Purpose & New Economics Foundation, Working Paper, No. 2018-08, Aug 2018.

Schularick, Moritz & Taylor, Alan M. 2012. “Credit Booms Gone Bust: Monetary Policy, Leverage Cycles, and Financial Crises, 1870-2008“. American Economic Review, 102/2: 1029-61.

Simons, Henry Calvert.1948. Economic Policy for a Free Society. Chicago: University of Chicago Press.

Sissoko, Carolyn. 2015. “The Bank-Centered View of the Money Market Part I: Why Banks Are Different“. USC Gould School of Law, Center for Law and Social Science (CLASS) Research Papers Series No. CLASS15-4, 20 Jan 2015.

Skidelsky, Robert. 2019. Money and Government: The Past and Future of Economics. New Haven, CT: Yale University Press.

Weber, Beat. 2018. Democratizing Money?: Debating Legitimacy in Monetary Reform Proposals. Cambridge: Cambridge UP

Wray, Randall L. 1999. “An Irreverent Overview of the History of Money from the Beginning of the Beginning through to the Present”. Journal of Post Keynesian Economics, 21/4: 679-687.

Wray, Randall L. 2012. “Introduction to an Alternative History of Money“. Levy Economics Institute, Working Paper 717.

Yamaguchi, Kaoru. 2014. “From Debt Money to Public Money System – Modeling A Transition Process Simplified“. Paper presented at the 32nd International Conference of the System Dynamics Society, Delft, Netherlands, July 20 – 24, 2014. Awaji Island, Japan: Japan Futures Research Center.

Zhu, Yu, and Scott Hendry. 2018. “A Framework for Analyzing Monetary Policy in an Economy with E-money“. Available at SSRN 3318915.

Modern Monetary Theory

Pro

Byrne, Adrian & Hodgson, Graham. 2019. “Modern Monetary Theory and Monetary Reform Considered“. The Money Question, 27 Sep 2019.

Montier, James. 2019. “Why Does Everyone Hate MMT?” GMO.

Veal, Spencer. 2018. “Positive Money Meets Modern Monetary Theory“. Edinburgh, UK: Edinburgh Positive Money.

Wray, L. Randall. 2014. “From the State Theory of Money to Modern Money Theory: An Alternative to Economic Orthodoxy“. Levy Economics Institute, Working Papers Series, 792.

Contra

Henwood, Doug. 2019. “Modern Monetary Theory Isn’t Helping“. Jacobin, 21 Feb 2019.

Palley, Thomas I. 2019. “Macroeconomics vs. Modern Money Theory: Some Unpleasant Keynesian Arithmetic“. Post Keynesian Economics Society, Working Paper, No. 1910.

Advocacy Pamphlets, Reports, Briefings and Books

Hammon, Virginia & Pash, Mark. 2019. How We Pay for a Better World. Portland: Great Democracy Media.

Hammon, Virginia. 2018. US Money: What is it? Why We Must Change. How We Can. Portland: Great Democracy Media.

Hutchinson, Frances & Mary Mellor & Wendy Kay Olsen. 2002. The Politics of Money: Towards Sustainability and Economic Democracy. London: Pluto Press.

Keen, Steve. 2017. Can We Avoid Another Financial Crisis? Hoboken, NJ: John Wiley & Sons.

Mellor, Mary. 2017. “Money for the People“. Great Transition Initiative, Aug 2017.

Jackson, Andrew & Dyson, Ben. 2012. Modernising Money: Why Our Monetary System Is Broken And How It Can Be Fixed. London: Positive Money,.

Supporting Studies

Blyth, Mark. 2013. Austerity: The History of a Dangerous Idea. Oxford : Oxford UP. (Amazon)

Dodd, Nigel. 2016. The Social Life of Money. Princeton, NY: Princeton University Press.

Douthwaite, R 1990. The Growth Illusion. How Economic Growth Enriched the Few, Impoverished the Many and Endangered the Planet. Cambridge: Green Books.

Douthwaite, R. 2006. The Ecology of Money. Cambridge: Green Books.

Courchene, Thomas J. 1976. Money, Inflation, and the Bank of Canada: An Analysis of Canadian Monetary Policy from 1970 to early 1975. Vols. 1 & 2. Toronto: CD Howe Research Institute. (Amazon)

Greider, William. 1987. The Secrets of the Temple: How the Federal Reserve Runs the Country. New York: Simon & Schuster. (Amazon)

Henderson, Hazel. 2014. “Mapping the Global Transition to the Solar Age“.ICAEW and Tomorrow’s Company, UK (2014).

Karimzadi, Shahzavar. 2012. Money and its Origins. London: Routledge. (Amazon)

King, Mervyn. 2016. The End of Alchemy: Money, Banking and the Future of the Global Economy. WW Norton & Company. (Amazon)

Korten, David C. 1995. When Corporations Rule the World. San Francisco: Berrett-Koehler Publishers.

Korten, David C. 1999. The Post-corporate World: Life after Capitalism. San Francisco: Berrett-Koehler Publishers.

Korten, David C. 2007. The Great Turning: From Empire to Earth Community. San Francisco: Berrett-Koehler Publishers.

Korten, David C. 2010. Agenda for a New Economy: From Phantom Wealth to Real Wealth. San Francisco: Berrett-Koehler Publishers. (Excerpt)

Martin, Felix. 2015. Money: The Unauthorized Biography from Coinage to Cryptocurrencies. New York: Vintage. (Amazon)

Nicholas Shaxson. 2018. The Finance Curse: How Global Finance Is Making Us All Poorer. New York & London: Penguin.

Wolf, Martin. 2015. The Shifts and the Shocks: What We’ve Learned–and Have Still to Learn–from the Financial Crisis. New York & London: Penguin. (Amazon)

Wortmann, Edgar. 2019. “Ons Geld, Vollgeld and Positive Money“. Ons Geld, 9 Sept 2019.

Journalistic Articles

Bholat, David & Gutierrez, Karla Martinez. 2019. “The Ownership of Central Banks“. The Money Question, 21 Oct 2019.

Brown, Ellen. 2009. “Revive Lincoln’s Monetary Policy: An Open Letter to President Obama“. Web of Debt, 9 April 2009.

Brown, Ellen. 2013. “What We Could Do with a Postal Savings Bank: Infrastructure that Doesn’t Cost Taxpayers a Dime“. The Web of Debt, 23 Sept 2013.

Brown, Ellen. 2018. “This Radical Plan to Fund the ‘Green New Deal’ Just Might Work“. Web of Debt, 18 Dec 2018.

Di Muzio, Tim. 2019. “The Major Problems with Bank Money Creation“. Alliance For Just Money, 4 June 2019.

Di Muzio, Tim. 2019. “Brief Discussion of Money“. Alliance For Just Money, 21 Mar 2019. (Excerpt from The Tragedy of Human Development).

Graeber, David, 2019. “Against Economics“. Review of Skidelsky’s Money and Government. New York Review of Books, 66/19 (5 Dec 2019).

Keen, Steve & Harvey, Alan. “A Modern Jubilee“. IDEA: Dedicated to the Reform of Economics.

Lavoie, Marc. 2019. “Endorsing the Money-Creation View of Banking“. Rethinking Economics.

Macquarie, Rob. 2018. “A Green Bank of England: Central Banking for a Low-Carbon Economy“. London; Positive Money.

Picchioni, Costanza. 2020. “Lessons From Libra: The Future Of Digital Currency“. The Money Question, 10 Feb 2020.

Roberts, Paul Craig & Kranzler, Dave, Hudson, Michael. “Do Financial Markets Still Exist?“. Institute for Political Economy, 12 Feb 2018.

Robertson, James. 2007. “The History of Money: From Its Origins to Our Time“. Paris: Autrement.

Robbins, Richard H. 2019. “The Tyranny of the Rate of Return“. The Money Question, 9 Sept 2019.

Rudnyckyj, Daromir & Sayeed, Rehan. 2019. “The Money Question in Islamic Finance“. The Money Question, 25 Oct 2019.

Smith, Adam. 2019. “Much Ado About 1974: The Bank of Canada and the 70s“. Understanding Canada Web Site, 23 Nov 2019.

Smith, Adam. 2019. “Making the case for public money creation in Canada“. Understanding Canada Web Site, 23 May 2019.

Tily, Geoff. 2016. “Academics and Civil Society Clash on Money“. Prime Blogs,18 July 2016.

Turner, Adair. 2012. “Monetary and Financial Stability: Lessons from the Crisis and from Classic Economics Texts“. Speech at South African Reserve Bank, 2 Nov 2012.

van Lerven, Frank. 2016. “A Guide to Public Money Creation: Outlining the Alternatives to Quantitative Easing“. London: Positive Money.

van Lerven, Frank. 2018. “A Government is not a Household“. Positive Money, 29 Oct 2018.

van Lerven, Frank. 2018. “The Bank of England and a 1.5°C Green Transition: Reshaping Finance“. Briefing Note, New Economics Foundation, 16 Oct 2018.

van Lerven, Frank. 2018. “Ending the Fiscal-Monetary Tug-o-War“. Positive Money, 29 Aug 2018.

van Lerven, Frank. 2017. “Setting the Record Straight: Sovereign Money is not Full-Reserve Banking“. Positive Money, 27 April 2017.

van Lerven, Frank. 2017. “Two Thirds of Lenders Using Underhand Tactics for Consumer Loans“. Positive Money, 18 April 2018.

van Lerven, Frank. 2017. “Inflation Rises and Living Standards Fall: How Can the Bank of England Respond?” Positive Money, 11 April 2017.

Wortmann, Edgar. 2018. “Design Principles for CBDC“. International Movement for Monetary Reform, 28 June 2018.

Videos

Bongiovanni, Joe. 2013. “Why Monetary Reform Must Become Your Number One Issue“. YouTube, 29 Sep 2013.

Conference videos: The Future of Money – 10 years after Lehman and Nakamoto. November 2018, Frankfurt, Germany. Frankfurt School of Finance and Management.

Conference videos: The Future of Money – Central Bank Digital Currency and Beyond. 15 June 2019, Stockholm, Sweden. Positiva Pengar

Dalio, Ray. 2013. “How The Economic Machine Works“. YouTube, 22 Sept 2013.

Knight, Mae. 2020. On Facebook & Twitter endorsing the NEED Act and The Alliance for Just Money. See also: My Name Is Mae Knight And I am Running For Congress As A Democratic Socialist In Kentucky. YouTube, 26 June 2019.

Mellor, Mary. 2012. “Bringing Economics Down to Earth“. Schumacher College. Video file.

Mellor, Mary. 2012. “Understanding Money”. In four sessions. “What is Money?” / “Money and Banking ” / “Crisis ” / “The Future of Money“. YouTube, 19 Nov 2012.

Oswald, Michael. 2012. “97% Owned – Economic Truth documentary – How is Money Created“. Patreon.

Background Studies

Bair, Sheila. 2013. Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself. New York: Simon and Schuster.

Black, William K. 2013. The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry. Second edition. Austin, TX: University of Texas Press.

Brown, Ellen. 2007. “Thinking Outside The Box: How A Bankrupt Germany Solved Its Infrastructure Problems“. Web of Debt, 9 Aug 2007.

DeCanio, Samuel. 2011. “Populism, Paranoia, and the Politics of Free Silver“. Studies in American Political Development, 25/1: 1-26.

Del Mar, Alexander. 2012 (1899). A History of Monetary Crimes. Whitefish, MT: Literary Licensing, LLC. (Amazon)

Dunning, Nelson A. 2019 (1887). Philosophy of Price, and Its Relation to Domestic Currency. Sydney, Australia: Wentworth Press. (Amazon)

Dupor, William. 2016. “How Does Government Spending Affect Inflation?” On the Economy Blog. FRB of St. Louis. 10 May 2016.

Dupor, William; and Li, Rong. 2015. “The Expected Inflation Channel of Government Spending in the Postwar U.S.“. European Economic Review, 74: 36-56.

Eisler, Riane. 2007.The Real Wealth of Nations. Oakland, CA: Berrett-Koehler Publishers.

Glattfelder, James B. 2012. “Who Controls the World“. TEDxZurich.

Hartley Withers. 2016 (1920). The Meaning of Money. London: Forgotten Books. (Amazon)

Hicks, John. 1961 (1931). The Populist Revolt: A History of the Farmers’ Alliance and the People’s Party. Lincoln, NE: University of Nebraska Press. (Amazon)

Howlett, Jeff. 2012. “Treasury and the Central Bank – A Contingent Institutional Approach“. Pragmatic Capitalism, 29 May 2012.

Kellogg, Edward. 2017 (1861). A New Monetary System: The Only Means of Securing the Respective Rights of Labor and Property, and of Protecting the Public from Financial Revulsions. Andesite Press.

Kelly, Marjorie. 2001.The Divine Right of Capital. Oakland, CA: Berrett-Koehler Publishers.

Lee, R. Alton, 2011. Principle Over Party: The Farmers’ Alliance and Populism in South Dakota, 1880-1900. South Dakota State Historical Society. (Amazon)

Litan, Robert E. 1987. What Should Banks Do? Washington: Brookings Institute Press. (Amazon)

Livingston, James. 1986. Origins of the Federal Reserve System: Money Class and Capitalism 1890-1913. Ithaca & London: Cornell University Press. (Amazon)

Loucks, Henry. 2019 (1893). The New Monetary System as Advocated by the National Farmers’ Alliance and Industrial Union. (Amazon)

Loucks, Henry. 2019 (1916). The Great Conspiracy of the House of Morgan Exposed, and how to Defeat It. Sydney, Australia: Wentworth Press. (Amazon)

Marron, Donald. 2013. “Is the Trillion-Dollar Platinum Coin Clever or Insane?“. Washington, DC: The Urban Institute.

Mehrling, Perry. 2011. The New Lombard Street: How the Fed Became the Dealer of Last Resort. Princeton, N.J.: Princeton University Press.

Mellor, Mary. 1997. “Women, Nature and the Social Construction of ‘Economic Man’”. Ecological Economics, 20/2: 129-140.

O’Connor, James. 1979. The Fiscal Crisis of the State. Transaction Publishers. (Amazon)

Phillips, Kevin. 2008. Bad Money: Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism. New York: Viking Penguin.

Rothbard, Murray Newton. 1983. The Mystery of Banking. Ludwig von Mises Institute. (Amazon)

Schulte, Francis. 2015 (1895). The Little Statesman. N.P.: Palala Press. (Amazon)

Sinclair, Timothy J. 2014. The New Masters of Capital: American Bond Rating Agencies and the Politics of Creditworthiness. Cornell University Press. (Amazon)

Smith, Yves. 2010. ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism. New York: St Martin’s Press. (Amazon)

Stavrianos, Leften. 1981. Global Rift: The Third World Comes of Age. New York: William Morrow. (Amazon)

Tahyar, Margaret E., et al. 2019. “Cryptocurrency“. Harvard Law School, The Case Studies, CSP045, January 2019.

Vitali, Stefania, James B. Glattfelder, and Stefano Battiston. 2011. “The Network of Global Corporate Control“. PloS one, 6/10: e25995.

Wilkin, Carl. 1942. Prosperity Is Within Our Grasp. No place: No publisher.

President Trump should be submitted for a Psychiatric Evaluation

 

The assassination of the Iranian general Soleimani is almost certainly not because of some geopolitical strategic calculus by Trump. Two reasons will back up this observation. One, Trump is according to many mental health professionals not capable of such reasoning anymore and, two, according to many geopolitical analysts the risks far outweigh the advantages for the assassination to be a rational act.

The more plausible explanation is that the assassination satisfies a narrow set of Trump’s political and psychological needs which have to do with his impeachment for abuse of power and obstruction of congress. Both charges are increasingly backed up by daily revelations and pressure is building on the Senate to conduct a fair trial, which will mean even more revelations.

And for good measure, put on top of that the recent reporting that Deutsche Bank bailed out Trump because its massive loans were guaranteed by a Russian bank with links to the Kremlin. This happened when no other bank would extend Trump any credit anymore because of his serial bankruptcies. 

So, Trump is cornered and understandably feels frustrated and angry because the gig is maybe soon up. Killing an important and easy target to blow of steam and regain some feeling of power then makes sense and at the same time it will divert conveniently everybody’s attention away from the impeachment trial to the more dramatic confrontation with Iran. If that is the pathetic level of his strategic thinking we are in deep trouble as there is no other more sane strategy in place to direct the coming escalatory process towards a reasonable strategic result. 

The above line of reasoning is suggested again by the mental health professionals who have had the skill and courage to publicly share their insights to warn the world of the present and acute danger of Trump’s warped mental capacity. At this moment their most outspoken member, Dr. Brandy Lee, is actually pleading for  people in Trump’s political vicinity, like speaker Pelosi, to demand a “mental health hold” on Trump to have him psychologically evaluated.

Dr. Lee stated in an interview that “As a co-worker, she [Pelosi] has the right to have him submit to an involuntary evaluation, but she has not. I am beginning to believe that a mental health hold, which we have tried to avoid, will become inevitable.”

This of course is unprecedented and extraordinary to ask for a sitting president to be submitted to, but, if you have paid attention to the question regarding Trump’s mental health, this is what a sane community would do to take care of one of its less sane members, especially when that person poses a clear threat and has extraordinary powers to do harm through, what experts call, Trump’s “narcissistic rage”.  

 

https://www.salon.com/2020/01/04/yale-psychiatrist-urges-pelosi-request-72-hour-mental-health-hold-on-trump-after-iran-attack/

https://www.vox.com/science-and-health/2018/1/5/16770060/trump-mental-health-psychiatrist-25th-amendment

https://www.newsweek.com/trump-general-soleimani-obama-benghazi-iran-1480389

https://www.cnn.com/middleeast/live-news/us-iran-soleimani-tensions-live-intl-01-05-20/

https://www.npr.org/2020/01/05/793746580/iraqi-parliament-votes-to-expel-u-s-troops-from-country-in-wake-of-soleimani-str

Global Rift: The Third World Comes of Age (Review)

Last summer I read with pleasure Dr. Stravianos’ historical narrative of the genesis of the Third World during the 400 year expansion of capitalism throughout the world.

The dean of ‘world systems analysis’ Immanuel Wallerstein [3] stated about the book:

“There is no comparable work that covers the whole Third World over a four-century period. It is readable and comprehensive . . . In short, it is excellent”.

Though it is almost 40 years old, I think the book is a classic in its field and very affordable.

Find below a very incisive review of the book and its main theses found on Good Reads [1]. The original article [2], from which the review is lifted, provides a critical overview of the field of International Political Economics (IPE) and defends a more heterodox and holistic view against the orthodox view allied with mainstream neoclassical economics.

The relevance of heterodox IPE in the vein of ‘world system analysis’ for our endeavor of monetary reform is that it is important to understand the history and genesis of the current global system in order to get a better grip on how it could and should be reformed if we want to take a truly global perspective.

[1]. www.goodreads.com/book/show/271171.Global_Rift
[2].www.academia.edu/34494374/Units_Markets_Relations_and_Flow
[3] https://en.wikipedia.org/wiki/World-systems_theory

Stavrianos’ Global Rift: The Third World Comes of Age (1980)

Global Rift presents a systematic and relational history of the First and Third Worlds, in which both are constituted by the “structure and dynamics of the whole” (23). Stavrianos stresses the unique dynamism of European capitalism as it incorporates all other regions of the world as part of its own logic, so that the wealth of Europe and poverty in most of the regions of the rest of the world are interconnected. While Stavrianos invariably explores internal political, economic, and cultural aspects of particular societies, his aim, like Wolf’s, is to highlight the neglected “indivisible whole” – the external, interactive, and systemic ways that both wealth and poverty are produced in a global political economy. Other theorists and other books, including Wolf’s, present similar accounts of the “great stream” of “social process,” but none have quite the range and depth of detail of Global Rift.

Stavrianos demarcates capitalism both temporally and spatially, according to criteria similar to Chaudhuri’s. Temporally, he locates four periods of European capitalist expansion: (1) 1400-1770, in which the European “center” or “core” is engaged in commercial capitalism and colonialism is largely confined to the Americas; (2) 1770-1870, in which the center, primarily Britain, is engaged in industrial capitalism and there is a “waning colonialism” in the periphery; (3) 1870-1914, which he describes as the era of “monopoly capitalism” and world-wide colonialism; and (4) 1914-1980 (when the book was published), in the core must actively defend monopoly capitalism in the face of “revolution and decolonization,” which when subdued produces “neocolonialism” (41). These periods correspond to spatial delineations produced by and within spreading capitalist relations: the space which initiates and sustains capitalism (the core); that which the core has incorporated into its own dynamics (the Third World); that which begins to encounter European Capitalism but is not yet integrated (the periphery); and spaces that remain external to global capitalism. In short, as capitalism develops and intensifies, more and more of the peripheral and external spaces become internalized as the Third World. It is this dynamic social process and the spatial striations and inequalities it produces that Stavrianos wishes to reveal. By identifying these broad systemic patterns, he allows readers to see how particular spaces or societies in a particular time fit into the contours of capitalism as a global phenomenon.

For example, in the initial period of the emergence of West European capitalism, he shows how the Third World originated in the incorporation of the somewhat distinctive Eastern European region into the trade, investment, and production circuits of Western Europe (Chapter 3), extended quickly into Latin America (chapter 4). Some spaces remain “peripheral” at this stage: Africa, despite the centrality of the slave trade, and the Middle East, meaning the Ottoman empire, remain not yet penetrated by European capitalism (chapters 5 and 6). Asia, primarily India and China here, largely spared capitalist penetration and remained an “external area” (chapter 7). Stavrianos performs three more tours of the world – each exploring the relation of core and periphery in successive periods of capitalist development.

The key and consistent point for Stavrianos, then, is that the First and Third Worlds are not simply products of separable and uneven internal developments. Rather, they are relationally co-constituted within an “indivisible whole,” with wealth on one side and poverty on the other. Indeed, “the phrase ‘Third World’ connotes those countries or regions that participated on unequal terms in what eventually became the global market economy” (31-2, emphasis added). For Stravrianos, the co-constituted structural inequalities central to capitalism profoundly distort human development as a whole, though the effects fall most fatally on the Third World, challenging claims of market-induced harmony. Though Stavrianos’ recognizes capitalism’s transformative role, including the expanding human productivity released by the restless pursuit of profit, he places greater ethical weight on the devastation wreaked on the economics, politics, and culture of the conquered societies (35-7). Capitalism utterly reshapes them: “This was a total and all-encompassing process, for the culture as well as the economies of those societies were profoundly distorted and remodeled in order to satisfy the demands of the global market” (37, emphasis added).

The burden of the text, and picking up the story of European expansion where Chaudhuri ends, is to show how the encounter between European capitalist expansion and the Third World imposes new relationships that incorporate the latter. Here Stavrianos relies, interestingly, on Joseph Schumpeter’s distinction between economic development and economic growth (1961, 63): Economic development “calls forth…qualitatively new phenomena” that “are not forced upon it from without but arise by its own initiative, from within,” whereas “mere economic growth” involves “processes of adaption… [of] the same kind as changes in the natural data.” Though Schumpeter’s major concern is not global dynamics but to challenge the static character of equilibrium analysis (McNulty 1968; Legrand and Hagemann 2017), Stavrianos pounces on this distinction between internally created qualitative economic changes (development) versus economic changes that follow from externally initiated and generated processes (economic growth) to organize his narrative.
The distinguishing feature of Third World status besides low incomes, Stavrianos insists, is “growth determined by foreign capital and foreign markets rather than by local needs” (4).

Externally determined growth fosters “vertical economic linkages” that tie raw material extraction and agricultural production in the Third World to demands in the “metropolitan centers.” By contrast, “horizontal economic linkages” more fully integrate local production and local needs and support local employment and incomes (39-40; emphasis added). Though the development of the “indivisible whole” of global capitalism may foster some “trickle down” for the First World working classes (267, 270, 439, 794), the dependence of Third World economies on growth via vertical economic ties means that incomes and wealth tend to “trickle up” (794):
The people of the Third World experienced no corresponding improvement in living standards. For them the impact of the West was a wrenching experience, in which everything was turned upside down and inside out. This was inevitable, for all Third World societies, by definition, were integrated into the world market economy, with unavoidable disruptions and distortion of their traditional institutions. (267)

Thus, Stavrianos arrives at an elegant relational definition of the Third World: “the Third World is not a set of countries or a set of statistical criteria but rather a set of relationships—unequal relationships between controlling metropolitan centers and dependent peripheral regions, whether colonies as in the past or neocolonial “independent” states as today” (40).
In all of this, Stavrianos asserts, the “interests of the colonies were automatically subordinated to those of the mother country” (55). After all, “the purpose of the colonies was to provide markets for manufactures, to supply raw materials that could not be produced at home, to support a merchant marine that would be valuable in wartime and to engender a large colonial population with manpower” (55-6). Colonial underdevelopment appears a natural and automatic corollary of the expansion of capitalism.

But can we be so certain that this subordination is natural and automatic? Why do the capitalism’s systemic inequalities map largely, if not always neatly, onto a European and North American Core and a Latin American, African and Asian Third World. Creating and sustaining vertical ties with the colony follows an economic logic, certainly, but that seems insufficient. Stavrianos’ explanation seems to rely on the additional factors of political competition/chauvinism and practices informed by doctrines of white supremacy. Western Europeans did not imagine their colonies as part of the home nation, territory, or culture. Nor did they consider the peoples of these areas as necessarily equally human. In either case, the peoples of Africa, Asia, and the Americas are thought of as something apart and, thereby unworthy of full ethical or legal consideration. Stavrianos’s narrative makes explicit the role of multiple logics – the logic of capitalism but also that of the Westphalian state-system and perhaps that of white supremacy – near the end of the book where he highlights the limits of worker internationalism. It is not true that “working men have no country;” “Far from a world dividing along class lines, it is state frontiers that are decisive and meaningful” (631). Indeed, the “evolving world system is dominated not by class interests but by nationalist considerations” (631). Thus, changing our world is not merely a matter of restructuring the global economy. It requires “a comparable restructuring of national units” (812).

This last comment hints at an important narrative shift: Stavrianos, more so than Wolf, begins to show that European capitalism’s expansive dynamism is met head-on by Third World resistance and rebellion. Though initial rebellions and wars of resistance against European invasions and colonization across the Third World were largely unsuccessful, appearing only as a “gestation phase” of “uncoordinated resistance” (432), these events were not isolated. They all reacted to the same cause – capitalism’s logic of incorporating each space into its own logic and dynamics (424). And yet, these events were separated from each other and the failure, apart from Japan (chapter 17), to resist “imperialist onslaught” resulted directly from lack of “any international mutual support,” while “the imperialist powers aided each other all over the globe.” The Twentieth Century brought a change, where, slowly but surely, these movements overcame their isolation as mutually supportive struggles for national independence and liberation. These struggles’ efforts to “break with” a “trauma” created by 500 years of history became the “center of global revolutionary initiative” (431-2).

Of course, capitalist counter-revolutionary forces were not idle. They responded with mobilizations of their own political, economic, cultural counterrevolutionary strategies, as Stavrianos labels them (pp. 433-483). He announces that the future of our world depends on the “nature, strength, and interaction of global revolutionary and counterrevolutionary forces” (432) and his less hopeful prognosis has been vindicated by events already unfolding as he writes the final sections of Global Rift. Skyrocketing oil prices, Third world debt, stagflation in the core, and draconian monetary policy combined with assassinations, support of dictators tied to the interests of capital, and intensified counter-insurgency to weaken and fracture the Third World movement and its demands for an international order serving and reflecting national needs, ideals, and goals. As reactionary forces gained the geopolitical-economic upper hand, theories diagnosing and protesting global inequality were gradually marginalized in respectable academic discussion in the US (Blaney and Inayatullah 2008), just as neoclassical economics reasserted its predominance, erasing nearly any other voice. It is at this moment that liberal institutionalist IPE assumed a dominant position in the academy of the US imperial core, obscuring attention to the “indivisible whole” with its privileging of unit-level explanations. Yet, the struggle continues because, according to Stavrianos and as theorized by others (Escobar 1995; Santos 2007), the “problem of how to attain autonomous economic development remains unresolved, both in theory and practice” (796).

Theosophy and Krishnamurti: Harmonies and Tensions

 

The leading questions of this presentation are: How do Theosophy and Krishnamurti perceive each other? How are their teachings related? Based on primary sources and notes from discussions, I will present a wide spectrum of possible answers as a contribution to an ongoing discussion.

CONTENT

Introduction

Theosophical Perceptions on Krishnamurti

Perceptions of World Teacher Project with K

Perceptions of K’s teachings

Krishnamurti on Theosophy and the Theosophical Society

Comparison between Theosophy and Krishnamurti

Dealing with the Differences

Further lines of investigation

Conclusion

Bibliography

Endnotes

=========

Introduction

What I intend to do in this presentation is to develop certain matrices or certain structural insights into a spectrum of possibilities of how a very complex subject can be made more transparent. I do have my personal views on the subject matter, but I will try to keep them out, though that is not always possible. For clarity’s sake, I will follow five major lines of investigation.

The first one is about the possible Theosophical perceptions of the metaphysical status of Krishnamurti. What kind of person was he that he went around the world giving very profound insights? Where did he come from, what is his background?

The next part will be about the possible Theosophical perceptions of Krishnamurti’s teachings. How can we evaluate them, how are they connected with Theosophy, how can we get a grip on that complex subject?

The third part is not about the Theosophical perceptions of Krishnamurti, but Krishnamurti’s perceptions of Theosophy and the Theosophical Society, which are of course historically connected.

The fourth part will be a comparison between Theosophy and Krishnamurti on certain very specific subjects.

The fifth and last part will be an overview of the many ways that I have encountered, and have also experimented with, in how to deal with these differences. Sometimes the differences are big or very enigmatic or puzzling to the point of even disturbing.

The article will finish with an overview of possible further investigations of K as a person and his teachings.

To dispel the fears from people who are very sympathetic to Krishnamurti and who might think that this is a completely wasted exercise, Krishnamurti himself said in 1932 “to find out whether I agree with theosophy or not, you will have to study what theosophy teaches and what I say and examine them impersonally”.i With that guidance we will do that. But again, this is more giving pointers for your own research than that I would like you to attain certain conclusions. Therefore this exercise falls under the second object of the Theosophical Society, which is “to encourage the comparative study of religion, philosophy and science”.

Let us start with a bare-bones background information about Theosophy and Krishnamurti.

The Theosophical Society

Helena Blavatsky and Henry Steel Olcott founded the Theosophical Society in 1875. Its stated aims were and still are:

1. To form a nucleus of the Universal Brotherhood of Humanity, without distinction of race, creed, sex, caste or color.

2. To encourage the study of comparative religion, philosophy and science.

3. To investigate unexplained laws of Nature and the powers latent in man.ii

In addition it can be argued that the aims or the agenda of the Theosophical Society were the following few:

One is to disseminate the doctrines of Theosophy. This is a basic overview of what I think that it is. Our lives are a part of a spiritually evolutionary scheme. We incarnate many times to learn the lessons of life and to evolve into selfless loving, understanding beings. Karma is the great law of cause and effect ordering this evolutionary process and giving us feedback on where we stand. As there are different levels of attainment in this process there are some enlightened souls ahead of us. Here I am referring to the existence of so-called enlightened beings named variously as Mahatmas, Masters, and Elder Brothers. These Masters are the guardians of a primordial Wisdom Religion or Wisdom Tradition. And this is one of the core aspects of Theosophy. This Wisdom Religion is very old, had been developed by these Masters, by Adepts and others with occult skills. This Wisdom Religion is by itself the essence and origin of all other religions and philosophies and sciences. Collectively, these Masters are sometimes called the Hierarchy or the White Lodge and at regular intervals they will send emissaries, they will sponsor deserving individuals and, for our story very important, they will prepare the way for a great spiritual teacher with the aim to re-instruct mankind about its high calling.

Another point on their agenda was to promote the cultural and intellectual revival of India and also its political independence from the British Empire.

The last point on the agenda of the Theosophical Society was to prepare for the coming of a “torchbearer of truth” or Avatar or World Teacher. Blavatsky at the close of her life, in her classic The Key to Theosophy, announced the coming of this “torchbearer of truth” for the later part of the 20th century. The mission of the Theosophical Society, according to Blavatsky, was to prepare the way for this new leader.

He will find the minds of men prepared for his message, a language ready for him in which to clothe the new truths he brings, an organization awaiting his arrival, which would remove the merely material mechanical obstacles and difficulties from his path.iii

Then she painted the possibility of a glorious, long-term goal of this plan and wrote that “if the theosophical society survives and lives true to its mission . . . earth will be a heaven in the twenty-first century”. We are now about a decade into that century. And this is the good thing of having a certain temporal distance to the subject to evaluate.

Krishnamurti

Krishnamurti was the son of a Theosophist who lived close by the international headquarter of the Theosophical Society in Adyar, India. The clairvoyant Charles Webster Leadbeater found him in 1909. Leadbeater noticed the teenager and saw a very selfless, spiritual aura and thought he was a very special young teenager. Leadbeater and Annie Besant were in those days the leaders of the Theosophical Society and Leadbeater, allegedly, was in contact with the Masters. And he was then allegedly informed by the Masters that he had to prepare this teenager as the possible vehicle for a very advanced other Master, the Lord Maitreya.

The plan was that Maitreya–as he had done 2000 years before with Jesus according to Leadbeater–that he would overshadow Krishnamurti, and that both having their consciousness blended in a very intimate spiritual cooperation would bring out a new teaching to humanity. The plan was to do this again, but then with this teenager Krishnamurti as the vehicle. I named this plan the World Teacher Project, because that term was used a lot, though the plan was also very often referred to as the Second Coming because of its connection with Jesus Christ. In 1911 the Order of the Star in the East was founded around Krishnamurti and the Project. Interestingly, and this goes back to the prophecy by Blavatsky, when Annie Besant was challenged about her involvement with this organization by other Theosophists who might have thought the Project was not genuine or it was not proper for her to get involved with it, she defended herself by referring explicitly to the view which Blavatsky had about the future mission of the Theosophical Society. Annie Besant said: “My crime is that I share it, and do what my poor powers permit in preparing the minds of men for that coming”.iv The only difference between her and Blavatsky is that Blavatsky put that event in the later part of the 20th century and Besant advanced that agenda by half a century. Because of the distance in time we can see who might be right. Besant actually said: “Which of us is right only time can show.”

Anyway, everything goes relatively well with the Project and Krishnamurti comes under the tutelage of a Master named Kuthumi. And he gets initiated into the White Lodge, which means that there is an inner occult connection being made between Krishnamurti and the Master so they can be on speaking terms. The high point of the Project was in the period between 1925 and 1927, when Krishnamurti was many times overshadowed by Maitreya. This claim was according to himself and according to some other clairvoyants like Leadbeater and Geoffrey Hodson, who wrote some beautiful descriptions of those occurrences.v But somehow in 1927, Krishnamurti starts having doubts about the Project. These doubts built up to such an extent that in 1929 he decides to go his own way, dissolves the Order of the Star of the East, and distances himself quite radically from Theosophy and the Theosophical Society. He then went solo and kept on meeting, teaching and talking to people for the rest of his. In his now famous 1929 speech when he dissolved the Order of the Star, he formulated his basic spiritual philosophy.

I maintain that truth is a pathless land and that you cannot approach it by any path whatsoever, by any religion, by any sect. Truth being limitless, unconditioned, unapproachable by any path whatsoever cannot be organized, nor should any organizations be formed to lead to or coerce people along any particular path.vi

This is the base line of his philosophy, which he expounded upon in many variations for the rest of his life.

The big question for many Theosophists was: How far away did Krishnamurti go from Theosophy? Here we wade into the issue of the many ways K was perceived by Theosophists.

Theosophical perceptions of Krishnamurti

I did some serious research on this and my basic thesis was that–given all the different Theosophical thoughts on Krishnamurti–that all these views can be differentiated according to how people answer two basic questions about Krishnamurti: vii

1. Was the project genuine or not?

2. Was the outcome of the project successful or not?

The possible answers to these two questions generated the four following positions:

1) The project was perceived as genuine and successful;

2) The project was perceived as genuine, but failed;

3) The project was perceived as not genuine and failed (of course); and

4) The project was perceived as not genuine, but succeeded!

And for all the four possible positions there were Theosophists or allied thinkers taking the different positions. The most important among them I discussed in my paper, but here they are placed in their proper quadrant:

Fig. 1. Theosophical Perceptions
of the World Teacher Project

1. The project was perceived as genuine and successful

In the first quadrant we find Annie Besant, Krishnamurti, Radha Burnier, Jane Overton-Fuller and Ariel Sannat. Some quotes from these people will provide an idea of what their thinking was.

Annie Besant was reported to say in 1928 that “The Lord has spoken. I am now satisfied. This is the beginning of all that I have foreseen and worked for”.

Radha Burnier, who is the current president of the Theosophical Society, wrote in 1986 that the Theosophists “were not ready to listen to a profound message” coming from Krishnamurti. And she explicitly compares the situation between Krishnamurti and the Theosophical Society as similar to the Jews and Christ and the Hindus and Buddha. The Jews did not accept Christ. They did not understand him and couldn’t follow him. The same with the Hindus, when Buddha came around. They just didn’t get it. So, in the same way, the Theosophists just didn’t get it. It was a genuine project. Here you have a new World Teacher, but they just didn’t get it.

Jane Overton-Fuller is a Theosophical scholar and wrote some really interesting books. Her position was that Leadbeater and Besant were basically right with finding Krishnamurti, but everything else they did, they were wrong. It was not necessary to build up an organization around Krishnamurti; that, because it was the Second Coming, he would have apostles; and that there would be a church. There were a lot of things around the Project which were peripheral, and according to Jean Overton-Fuller most of it was wrong and unnecessary. And because how everything happened, it became understandable that eventually Krishnamurti had to distance himself from all that buildup and that he had to disassociate himself from the Theosophical Society.

Many years later K himself reinforced this view. In 1980 he said “the boy was found, conditioning took no hold–neither the Theosophy, nor the adulation, nor the World Teacher, the property, the enormous sums of money–none of it affected him.” Apparently he is saying that he came into Theosophy, breezed out of it and nothing kept him there. Problem with this is that it can be refuted by his own words from the earlier days. In those days, and I’m talking about 1909 when he was found and 1925 when the Project came to its fulfillment, it is very clear that he was a convinced Theosophist. He would lecture eloquently about the basic ideas of Theosophy. And that was not just for show, or because he was coerced to do that, or because it was expected from him. If you read these reports, the impression is that it came from really deep down and was very authentic. So there is something not jiving with his later view and his earlier view.

What did he otherwise think about himself as a World Teacher? In 1931, he wrote to someone very close to him “You know, mum, I have never denied it, I have only said it does not matter who or what I am but that they should examine what I say which does not mean that I have denied being the W.T.” So there is some admittance and he seems to say: “I’m the guy, but that’s not important. Forget about it; forget about my status. What I say, that’s important.” Something similar can be found in his book Truth and Actuality when he discussed with some people in England the subject of the upcoming biography of his life by Mary Lutyens. Much of his history would come out into the open in a well-researched book and much information would be new to people who were into Krishnamurti or even new for Theosophists. In these talks he is reported as saying

There is a very ancient tradition about the Bodhisattva that there is a state of consciousness, let me put it that way, which is the essence of compassion. And when the world is in chaos that essence of compassion manifests itself. That is the whole idea behind the Avatar and the Bodhisattva. And there are various gradations, initiations, various Masters and so on… viii

Of course this is a part of a larger quote, and if you read the whole quote it is quite clear that he is referring to himself. But in a way he used to do very much later, he would talk about – he would speak but he would not refer to himself in the first person, but in the third person and say “the speaker.” But he then clearly is referring to himself in an objectifying way. The point is that if you get used to that, you can interpret the quotes as referring to himself.

2. The project was genuine but failed.

First Leadbeater. What he thought was initially not easy to find out, because Leadbeater had an understanding with Annie Besant that he would not contradict whatever she would say in public. And as Annie Besant took the position ‘here is the World Teacher Krishnamurti; the Project is fulfilled’, Leadbeater would not say anything contrary to that. But, privately, we now know–and this came out in the 1960s–he had a different point of view. In 1930 he stated in an article

This is He who should come, and there is no need to look elsewhere; as I have said, I know that the World-Teacher often speaks through Krishnaji.

Here he backed up Annie Besant. But in private we now know he said, “The Coming had gone wrong”.

The second person in this box is Geoffrey Hodson, the other clairvoyant Theosophist next to Leadbeater. As I just referred to, by clairvoyant seeing, Hodson gave a beautiful description of the overshadowing of Krishnamurti by Lord Maitreya. Later Hodson believed the Project had failed and for three reasons. First of all Krishnamurti had a hard time dealing with the spiritual energies that were going through him. There was something going on in him that is called the “rising kundalini energies”. It was a part of his preparation, but it was very painful. In the period between 1921 and 1927 he had many weeklong periods experiencing excruciating pains, even to the point that he would faint. According to Hodson his body might have been too frail for these enormous energies to deal with.

Another reason that Hodson thought Krishnamurti did not fulfill his plan was the death of Krishnamurti’s brother Nityananda in 1925. These two brothers were very close. Nityananda developed a very grave health condition. Krishnamurti is said to have asked the Masters a request to spare his brother’s life. He thought that the request would be fulfilled. When his brother actually died, he was absolutely devastated. This is a frequently proposed reason why Krishnamurti had a change of heart. Hodson also said that Krishnamurti was very hurt by what other Theosophists did and say. There were some little scandals and strange episodes in the 1920s. They were so bizarre that Krishnamurti did not want to have anything to do with them. One issue was the announcement in the summer of 1925 by Annie Besant that there would be twelve apostles connected to his mission as a World Teacher. Krishnamurti had no appetite for that. He didn’t see that that would be genuine or necessary and he felt very uncomfortable being put in that position of people expecting a whole “Jesus show” including apostles. Anyway, all this contributed to Krishnamurti’s “decision to withdraw from the role that might have been his”. And this quote is from Hodson.

At this point I like to address the views of the British composer and Theosophist Cyril Scott. Because there are many quotes ascribed to certain Masters in this story I like to present such quotes in a neutral format so you can decide for yourself about the source and its veracity. The formula I will use is: “Master X per y in source z”. For example “Master Kuthumi said per Krishnamurti in At the Feet of the Masters” or “Master El Morya stated per Mrs. Prophet in The Chelah and the Path”. I am adopting this format because I want to suspend the question of the reality of the Masters as I am reporting them here and also bracket the truth of their pronouncements. I like to keep that neutral. It is up to ourselves to establish if these sources are legitimate or not.

Anyway, Scott wrote anonymously in the early 1930s the book The Initiate in the Dark Cycle, which contains two elaborate chapters dedicated to Krishnamurti. The book reads like a novel because it is written in a conversational style. Its main characters are the protagonist and his spiritual teacher Justin Moreward Haig. Interestingly there are people looking for who this person really was, because all the characters in the book are presented as real life characters. We do know who certain persons were and there is something of a sub-culture of Theosophists and non-Theosophists looking for Justin Moreward Haig.1 Then there is also a character named “Sir Thomas” presented as a full-fledged English Master. During an after dinner conversation ‘Sir Thomas’ stated that the project with Krishnamurti was a “success while still overshadowed by the World-Teacher, . . . a failure afterwards”.

The most sustained effort to identify the characters was done in Fuller, 1998. One of the real-life characters speculated to be one of Scott’s Initiates in his The Initiate in the New World book was Dr. Pierre Bernard, who ran an ashram in Nyack, New York. Scott visited the ashram on his US tour. Bernard and the happenings at his place were colorful and influential enough to deserve his own biography. See Love, 2010.

Teaming up with Scott in the 1030s was his friend, the British astrologer and Theosophist Brian Ross, who wrote under the pseudonym David Anrias. He also was allegedly connected with the Masters and in 1932 published the book Through the Eyes of the Masters with nine messages from different Masters accompanied by pencil drawings of them. Maitreya was one of these Masters and he stated through Anrias that because Krishnamurti had taken initiations along the line of the Deva-evolutions “it became all but impossible for him to be used any longer as my medium”.ix So Maitreya was saying that Krishnamurti took a specific initiation, therefore could not be used as his vehicle anymore, and therefore the the Project had to be called off.

Alice Bailey was also a Theosophist and prolific author. She was allegedly in communication with a Master called Djwal Kul. Djwal Kul per Alice Bailey in Discipleship in the New Age said that the Project was experimental and for various reasons “… the experiment was brought to an end.”

The last one in this list is Elizabeth Clair Prophet, leader of the American New Age organization The Summit Lighthouse. Here we meet Kuthumi again, who was allegedly Krishnamurti’s own former guru. He stated in 1975 per Mrs. Prophet in “An Exposé of False Teachings” that Krishnamurti was “selected to take the training for the calling of representing the World Teachers and the coming Buddha, Lord Maitreya,” but he “failed the test of the intellect and of the subtleties of spiritual pride”.x In short, it was a genuine Project but it failed because of K’s psychological shortcomings.

3) The project was perceived as not genuine and failed (of course)

There were a lot of Theosophists who said that the Project from the beginning was not genuine. From an historical point of view, one of the most important ones was the German clairvoyant and author Rudolph Steiner. His position is an interesting one because it involves spiritual geopolitics. According to Steiner impostor Masters had hijacked the Theosophical Society and used Besant, Leadbeater and Krishnamurti as unwitting instruments in a occult power game directed against humanity in general and the West in particular. The founding of the Anthroposophical Society by Steiner was a direct consequence of the view he had about Krishnamurti. When the Order of the Star was founded in 1911, the Council of the German Section of the Theosophical Society, of which Steiner was then general secretary, declared that no one could be simultaneously a member of the Order of the Star and the German TS. You had to choose, you couldn’t be member of both organizations. This went against the official policy of the Theosophical Society. If you want to be a member of anything else, the Theosophical Society cannot tell you what to do there. The logical reaction from the TS headquarters in India was to revoke the charter of the German section. Though that happened in 1913, Steiner had already in 1912 founded his own Anthroposophical Society and brought most of the German Theosophists with him in that big split off.

Another person that did not think it was all genuine was Mr. Albert E.S. Smythe, a well-regarded Canadian Theosophist. He denounced the Project and called it an “extraordinary delusion” and “absolutely contrary” to the literature of the Theosophical Society of Blavatsky’s days. And this ties into a discussion that a lot of what Leadbeater and Besant were bringing out as Theosophy was seen by other Theosophists as not in accordance with what Blavatsky was saying. They called it neo-Theosophy or even pseudo-Theosophy.

Edward Gardner, an influential English Theosophist, came out in 1963 with quite a controversial view. Gregory Tillett, Leadbeater’s biographer, said the following about his idea:

Leadbeater unconsciously created an entire artificial system, based upon his own strongly held views, and, again unconsciously, used his own occult power to vitalize this system into a state where it had the appearance of reality, and appeared as an objective reality to him when he viewed it clairvoyantly. xi

That is a fascinating thought. So, Leadbeater’s conversations with the Masters, his clairvoyant witnessing of initiations and whatever else was experienced by him as genuine, was nothing but a stage unconsciously created by himself. This is something for psychologists to look into and see if there are other examples of this kind of self-deception.

4) The project was perceived as not genuine, but succeeded!

Now we arrive at the interesting part where there are some people saying that the Project was successful but it had no genuine starting point at all.

This comes from Rom Landau, a writer on spiritual subjects who traveled in the 1930s interviewing people like Steiner and Krishnamurti. He heard the allegation that the Project was a bold invention. Make a person believe he will be a messiah, create a mass movement around the idea, and maybe it will come to fruition. How about that, not? Just a little mass manipulation. Rom Landau wrote that “it appears that Leadbeater and Annie Besant believed to the very end that Krishnamurti was thus developing naturally into the personality of the `World Teacher'”.xii So, if great lies can justify great ends, that is wonderful.

Theosophical perceptions of the status of Krishnamurti’s teachings

The next big part after addressing the Theosophical perceptions of Krishnamurti as a World Teacher is to look at the perceptions of the status of Krishnamurti’s teachings. First suggested by someone we will talk about, I came up with this structure of the perceptions of the relationship of Krishnamurti and Theosophy. in four variations.

Fig. 2. Perceptions of the Relationship
of the Teachings of Krishnamurti and Theosophy

K & T stand for Krishnamurti and Theosophy and the circles represent their teachings. If K and T are in the same circle this means their essence is very close and if in different circles their essence is not close. How much the circles overlap indicates the extent to which they agree. The matrix is determined by two basic questions. Do K and T share the same essential teachings? And how much overlap is there on secondary issues? This generated the following possibilities:

1. Essentially the same, and hardly diverging on secondary issues.

2. Essentially the same, but diverging on secondary issues.

3. Essentially different, but overlapping on secondary issues.

4. Essentially different, and without any overlap.

Essentially the Same or the ‘K teaches Theosophy Hypothesis’

I found nobody taking position 1, but it is a possibility. Somebody might come up with it and might say “You don’t get it, they are the same essentially.” This would amount to saying that what Krishnamurti is teaching is part and parcel of Theosophy and would name this the K teaches Theosophy Hypothesis.

Only Diverging on Secondary Issues or the Revisionist Hypothesis

At position 2 we have TS presidents Annie Besant and Radha Burnier taking the position that, though their teachings are essentially the same, they do diverge on many secondary issues.

Before addressing that, I want to get back to Hans and Radhika Herzberger. Both are Krishnamurti scholars and edited a very useful paper titled “Krishnamurti on Theosophy: A collection of reference materials”. te paper was online for a while on the Krishnamurti Foundation web site, but has now been withdrawn. They name position 2 the Revisionist Hypothesis and think it was held by certain Theosophists who would make the claim that, despite the quite radical anti-Theosophical statements by Krishnamurti, there is still this very intimate connection between the two.

Revisionists hold that, while he may have disagreed with Theosophy on certain issues, he continued to teach its ‘central’ doctrines.xiii

So, we have Radha Burnier and Annie Besant in that position. To be more precise, Annie Besant’s position on Krishnamurti’s teachings and work is as follows:

Say, if you like, that we are two sides of one work. Dr. Besant is at the head of one side and Krishnaji of the other. One is the work of the Manu, the other the work of the Bodhisattva.xiv

The Manu is another important Master in the Theosophical pantheon with a certain role in occult and spiritual affairs. Interestingly, in 1949, Krishnamurti had a response to this idea.

You may deceive yourself by saying, “What you say and what I believe are the same. They’re the two sides of the coin”. You may say what you like, but that is mere self-deception.xv

So, K is blocking the possibility that there would be something essential in common. He is actually more radical than that and I will share later on some quotes to that effect. Radha Burnier said that

To every ancient truth found in cryptic form in the teachings of the religions of the world, he gave a new dimension.xvi

Here we have to interpret “ancient truth” as meaning Theosophy, being a repository of ancient truths. And in that way the sentence would read: “To every Theosophical truth Krishnamurti gave a new expression.” In short, teaching-wise they are essentially the same, but K gave it a new expression.

Only Overlapping on Secondary Issues or the Deviation Hypothesis

Following Herzberger’s lead, I propose to call position 3, the Deviation Hypothesis. Deviationists would hold that while Krishnamurti deviated from the essential teachings of Theosophy, there is still overlap. Geoffrey Hodson can be seen as taking that position. According to Hodson the teachings of Krishnamurti were

. . . an extraordinary blend of rare flashes of transcendental wisdom, penetrating intelligence, incomprehensibility, prejudice, intolerance and vituperation.xvii

And he gave many an examples and expressed how he felt. He was a very convinced Theosophist who said at a certain moment “we are getting beaten up here by Krishnamurti by what he is saying about Theosophy and it’s time to say something back.” Most Theosophists seemed to be a bit numb in the 1930s about what Krishnamurti was saying. Hodson was one of the rare ones coming out saying “hey, the guy is going a little bit too far, we have to give a little bit of push back here.” About 25 years later he expressed a milder view. He said that the

. . . the splendid teachings, verbal and written, demonstrate that he is indeed, in his own right, an advanced Soul with an aspiring message to deliver to mankind.xviii

Hodson was a very nice person and was not someone who wanted to kick up too much dust and be controversial. In another statement from 1939, he said “everything which is comprehensible and rings true in Krishnamurti’s utterances is recognizable as part of the Ancient Wisdom.” Here again you have to read Ancient Wisdom as Theosophy. He is saying that there are a lot of things Krishnamurti is saying, which are true and are in accord with Theosophy and the Ancient Wisdom. At the same time Hodson said that there is plenty that is not.

Another elaborate expression of this position, where there is overlap but no essential coming together, comes through Cyril Scott. This time it is his teacher, Justin M. Haig, who stated

. . . instead of giving forth the new Teaching so badly needed, he [Krishnamurti] escaped from the responsibilities of his office as prophet and teacher by reverting to a past incarnation, and an ancient philosophy.xix

Haig then stated that Krishnamurti is teaching a variant of the Advaita, monist version of Vedanta philosophy. If you know Vedanta, and Shankaracharia is the great philosopher in Vedanta, you will find a lot of congruencies between what Krishnamurti is saying and what Vedanta is saying. To this, added ‘Sir Thomas’, that Adviata Vedanta is a “philosophy for chelas, and one of the most easily misunderstood paths to Liberation”.xx And that might be because it is a very complex, subtle and deep philosophy, which can be easily misinterpreted in a simplistic way.

There is some interesting research to be done about these statements. For example, the reincarnation referred to is maybe the one according to Leadbeater in which Krishnamurti was a disciple of Aryasanga, a Buddhist teacher and the founder of the Yogacarya school and identified by Leadbeater as a former incarnation of Master Djwal-kul.xxi Leadbeater, with his clairvoyant capacities, investigated 48 lives of Krishnamurti, which were published in 1925 as The lives of Alcyone, and this live as a Buddhist scholar was number forty-seven.xxii But the ancient philosophy referred to, you would expect that to be a form of Buddhism that Krishnamurti fell back into, because he was in that incarnation a Buddhist scholar. But the ancient philosophy, according to Scott’s characters, is Adviata Vedanta, a major school in Hindu philosophy. Though this might not add up entirely, according to Blavatsky

The Vedanta system is but transcendental or so to say spiritualized Buddhism, while the latter is rational or even radical Vedantism.xxiii

This same point she makes at different places, i.e. that at a deeper esoteric level the deepest teachings within Hinduism and Buddhism are the same. In that way it might add up, Krishnamurti had an incarnation as a Buddhist scholar, but then fell back in his last life into a Hindu philosophy.

Back to Scott’s friend Anrias again. The following is quite a quote, which goes to the essence where Krishnamurti and Theosophy differ. It is Maitreya per Anrias in Through the Eyes of the Masters:

Thus although Krishnamurti was right to emphasize the necessity for independent thought, he was wrong in assuming that everyone else, regardless of past Karma and present limitations, could instantly reach that point which he himself had only reached through lives of effort, and by the aid of those Cosmic Forces apportioned to him solely for his office as Herald of the New Age.xxiv

The big question with Krishnamurti is that he presents a spiritual view in which he asks people to go through an instantaneous, non-methodical transformation. In K’s kind of Enlightenment, there is no method to it and there is no guru to help you in that process. Nothing, it is instantaneous. On the other side you have Theosophy saying that this is a regular process, which takes quite a while and you have to work at it. There are rules involved, initiations etc. What Maitreya is pointing out is that Krishnamurti is making a mistake. Krishnamurti achieved a certain level of spiritual attainment and then says everybody can get up there, just like that. And he has an issue with that.

Essentially Different without Overlap or the ‘Total Split Hypothesis’

And now we get to, and this was a surprise, to box number 4, which is the position that both are essentially different and without any overlap. Again I want to follow Herzberger because he suggested this kind of structural organization. I will call this the Total Split Hypothesis. This hypothesis holds that Krishnamurti and Theosophy hold nothing in common and therefore there is no overlap. And if there is any overlap, it is insignificant. I found two persons holding this position: Krishnamurti himself and allegedly his former guru, Master Kuthumi.

For example Krishnamurti stated in1935 that “I am not a Theosophist nor a Theosophical missionary”xxv and in 1949 “What I say is diametrically opposite to your beliefs”. xxvi And at a Theosophical convention at the headquarters of the Theosophical Society in Adyar to which he was invited to speak he said:

Sirs, these two things are wholly different: what you are thinking and doing, and what I am talking and doing. The two cannot combine. Your whole system is based on exploitation, on following authority, on belief and faith.xxvii

This is quite clear and strong language. And there are many more similar quotes that you might find in this paper by Herzberger or scattered throughout K’s Collected Works.

The other person we find in this position is Elizabeth Clare Prophet or allegedly Master Kuthumi who stated per Mrs. Prophet in one of the series of Pearls of Wisdom in 1975 the following:

Today Krishnamurti, denounced by the Brotherhood, denounces the true teachers and the path of initiation, proclaiming that the individual needs only himself and that this is the only God there is. Leading thousands of youth in the direction of sophisticated disobedience to the God within, to Christ the inner mentor, and to the masters of the Brotherhood, this fallen one has been the instrument of a philosophy that is not and does not in any way represent the true teachings of the Great White Brotherhood.xxviii

This quote posits quite clearly the incompatibility of K’s teachings with Theosophy and is covered therefore, like K’s own position, by the Total Split Hypothesis. And the split duplicates the earlier mentioned agreement of Maitreya per Anrias and K himself about their incompatibility as far as K’s metaphysical status is concerned.

In finishing this overview I would like to repeat my position regarding the veracity of these quotes. I am merely reporting what can be found in print. And I am neutral regarding the ontological status of these Masters and the status of the veracity of their words. Figuring out those questions is all up your own research and thinking.

Krishnamurti on Theosophy and the Theosophical Society

Let us continue with the third big block, Krishnamurti on Theosophy and the Theosophical Society. Here I let him do most of the speaking, because it is quite clear what he is saying. There is a best case and a worst case quote from him, so we have a nice contrast. These are medium long quotes. Best case, he is talking here to Theosophists:

If you are really a social body, not a religious body, not an ethical body, then there is some hope for it in the world. If you are really a body of people who are discovering, not who have found, if you are a body of people who are giving information, not giving spiritual distinctions, if you are a body of people that have a really open platform, not for me or for someone special, if you are a body of people among whom there are neither leaders nor followers, then there is some hope. . . .

Don’t you see, if you really thought about these things and were honest, you could be an extraordinarily useful body in the world. You could then really work for the intrinsic merit of its ideas – not for some fantasy and emotionalism of your leaders. Then you would examine any idea, and find out its true significance and work it out, and not depend on the honors conferred for your services, on the enticement to work.

But, here comes the but:

But I am afraid you are followers, and therefore you all have leaders. And such a society, whether it is this or another, is useless. You are merely followers or merely leaders. In true spirituality there is no distinction of the teacher and the pupil, of the man who has knowledge and the man who has not.xxix

Now, we go to the worst case. These all come in a question and answer format from between 1929 and 1936.

Q: How can you say spiritual societies are a hindrance to man’s understanding? Or does this not apply to the Theosophical Society?

JK: [Every society which] stands on any authority, whether of the Buddha, Christ, or the Masters, has no significance. It merely becomes the means of exploiting people through their fears.xxx

Another good question, well not a good question actually, because people knew the answer actually, I think:

Q: Are you or are you not a member of the Theosophical Society?

JK: I do not belong to any religion, for organized belief is a great impediment, dividing man against man and destroying his intelligence. These societies and religions are fundamentally based on vested interests and exploitation.xxxi

That I thought was the worst-case statement by K on the Theosophical Society and any other spiritual society. To round this off there are two short quotes on the teachings of Theosophy itself.

Q: I have studied Theosophy very deeply and . . . I say that your wisdom is essentially the truth of Theosophy.

JK: You may study profoundly all the Theosophical books, but your conception of wisdom is utterly false. You gather dust from books and call it wisdom. I speak of a natural wisdom, beyond all books. To me your theories are utterly valueless.xxxii

Or in 1934, he said, as quoted before:

Sirs, these two things are wholly different: what you are thinking and doing, and what I am talking and doing. The two cannot combine. Your whole system is based on exploitation, on following authority, on belief and faith.

So far on Krishnamurti and Theosophy.

Comparison between Theosophy and Krishnamurti

I would like to direct your attention to the triple column comparison. The first column is the subject matter, the second contains what Theosophy would say about it, and the third is what Krishnamurti would say. Many of these categories were suggested by the aforementioned paper “Krishnamurti on Theosophy” by the Herzbergers, who looked into the conversions or diversions between the two, though they did not present it in this manner. In this way we can find out if there is overlap or not. The footnoted version you can find here. And I put them on-line so you can do research for yourself and see if these quotes are taken out of context or otherwise inappropriately used. Of course, there is also the question about what in their respective teachings is essential and what is not. Problem with that is that there might be different definitions of what is essential in Krishnamurti and what is essential in Theosophy. Nevertheless, we can go through some of these.

Fig. 2. Comparison between Theosophy and Krishnamurti
(A clearer on-line version here)

The fourth one is right away interesting because it is about comparison itself and therefore addresses the methodology followed itself. What Blavatsky is saying about comparing, and I have a quote here from Blavatsky. And this is a quote, which I have found many times as the heading on a certain article.

Contrast alone can enable us to appreciate things at their right value, and unless a judge compares notes and hears both sides he can hardly come to a correct conclusion.xxxiii

Opposite this pro-comparison statement from Blavatsky is Krishnamurti saying that comparison is not understanding. If you compare two items, you destroy both. You have to see one item for what it is and you have to see the other item for what it is, but if you start comparing, everything is lost. In that sense, he says again, it is competition. Because that is based on comparison. There is a way where you can differentiate where he would allow comparison because say in science you have to make comparisons. He would not object against that. So there are ways that thought can use comparison in legitimate ways. Although Krishnamurti is very often making very generalized statements about something. So, you might think that well, any comparison is out of the question, dangerous, don’t do it, stay away from it. But you can make differentiations, where, for example, where he is taking many examples he is taking is that people compare themselves where they are. Either socially or financially or psychologically, or whatever. If you start comparing that is something destructive. Because that breeds competition, that breeds fear, fear breeds conflict and there you go down the path into trouble.

Anyway, there are some subjects about which it is very clear what Krishnamurti and Theosophy are thinking.

Higher and lower selves. Theosophy is positing that there is a three fold nature of the self. Actually at the bottom comparison you will see, in all the teachings from Blavatsky it is called the Atman, Buddhi, Manas. Leadbeater called it the monad, ego and the self. Krishnamurti said such ideas are merely that, just idea, not facts, so forget about it.

Reincarnation. This idea is a pivotal doctrine of Theosophy, but for Krishnamurti it is immaterial.

Spiritual paths. It is not completely clear what Theosophy might say about it. There might be many or there is only one. For Krishnamurti “Truth is a pathless land” and there is no Way you can get there. There are no paths to, from or in that ‘space’.

Spiritual evolution. This is a core concept in Theosophy, being the perpetual progress for each incarnating ego. We keep going and going until we get off the ladder of reincarnation and then there is even more evolving to do. Krishnamurti states that spiritual evolution doesn’t exist, that life cannot have a plan. The thing about ladders is that it implies a gradual process. “No single rung of the ladder can be skipped” says Blavatsky, while Krishnamurti counters with the idea that the ladder of hierarchical achievement is utterly false.

Masters. For Theosophists they have an undeniable existence and a lot of them will testify to that, even Krishnamurti himself. You can go back to his own writings in the period between 1911 and 1929 where he reports on his interactions with the Masters. But the later Krishnamurti says that they are products of your own projections.

Mediators. According to Theosophy spiritual emissaries are sent out periodically and Krishnamurti was meant to be one of them. K said they are all exploiters.

Nationalism / patriotism. This is a sensitive matter for many. For many Theosophists the sentiment is positive and to be awakened, like ones love for family and community. This idea has to be seen also in the context of Theosophists contributing to India’s struggle for cultural and political independence. Early Theosophists promoted the idea of Indians becoming more loving of their own religions, culture and country and not become weighted down by a negative self-image put upon them by the British Imperialists. For Krishnamurti nationalism is an absurd and cruel obstacle to world unity and used by exploiters for their own ends.

Ceremonies. They “have their place, they have their use” and should be respected “for the sake of those good souls to whom they are still important”. This quote came from Krishnamurti’s At the Feet of the Master, which was allegedly dictated by his former teacher Kuthumi (or was written by Leadbeater), so I put it in on the side of Theosophy. For the later Krishnamurti ceremonies are illusions and “to no avail”.

Religions. In Theosophy they are complimentary. All religions carry an aspect of truth; they all blend altogether; and they originate from the same transcendental source. Krishnamurti states quite clear and repeatedly that they divide and destroy.

Brahman and Atman. Brahman is the impersonal, supreme and un-cognizable principle of the universe. For Krishnamurti the concept is an invention of thought, which also applies to the concept of Atman.

Now we arrive at some agreements, and those are interesting. And if you think that these points of agreement are the essential teachings of both Krishnamurti and Theosophy, then you are in that position where Theosophy and Krishnamurti are basically the same.

Personal God. He is a “gigantic shadow of man”, a bundle of contradictions and a logical impossibility. Krishnamurti more or less agrees: Thought has created God.

The oneness of consciousness. This is an important issue. Theosophy is saying that consciousness is one, i.e. that our experience in daily life of being separate individuals is in the last analysis an illusion. We are all one, or we are all aspects of something which is larger than ourselves and we all are an integral part of that. The experience of separateness is illusory. Krishnamurti has the same idea. “Consciousness is the consciousness of the rest of mankind”, he states. Your consciousness is mankind’s consciousness. We are all going through the same thing. We do not know where we are and we are all groping for a way out. We are all in the same boat, but not as individuals, but as one undivided movement. There’s no inside, there’s no outside, there’s no me, there’s no you, and there is even no my ego and there is no your ego.

The personal self, the ego, the me. And still, somehow there is a way out. And the way out might be very similar in Theosophy and K, even an essential part in both teachings. In Theosophy the ego is to be renunciated and we are encouraged to engage in a self-less life in service to mankind. For Krishnamurti, the ego has to be dissolved through a transformative insight of the mind into itself.

Differentiation within consciousness. The last topic is still tentatively in the process of development. The case could be made that there is a congruence between the Theosophical trinity of Atman – Buddhi – Manas and Krishnamurti’s concepts of intelligence – individuality – mind. This calls for a creative, interpretive reading of Krishnamurti’s basic terms, but it is feasible. Atman is the divine self which, because it can be equated with Brahman, is a transpersonal force which can manifest in one’s life. In a parallel manner K thinks that intelligence is something far beyond the personal mind, but can act upon it. Buddhi would be your higher self in which resides a sense of individuality. Krishnamurti defines individuality as a person who is whole, who is non-divided. He says we are in a state of being divided, we are in inner conflict, and this state can be overcome. And there is Manas, which is the thinking part in Theosophical psychology. It is very clear in Krishnamurti’s teaching that intelligence can work on the mind if the process is not interfered with by the ego, or the ‘me’. Inspired thinking is possible. One could also add the parallel between Theosophy’s notion of Kama-Manas (literally the desire-mind or ‘everyday self’) and K’s notion of ego. In short, one could argue for a parallel between a set of basic terms.

Dealing with the Differences

Now we are coming to the last part of this article, that is, how are we dealing with the differences?

Again, and wonderfully so, the Herzbergers come up with the Convergence Theory, which claims that all the criticisms lobbed at Theosophy by Krishnamurti have been taken serious and incorporated. I would counter that that position is stretching it. But it is a hypothesis and can be tested against the evidence. The evidence he finds is in two examples: The disappearance of both nationalism and ceremonies from Theosophy. There is something to that observation but it is a long way to say that Krishnamurti’s criticisms of Theosophy have now been disarmed by relevant changes in Theosophical doctrines and practices.

On the other side, why not have an alternate Convergence Theory? And I can think of two. Alternate convergence theory # 1: The previous theory is a one-way transformation of changing Theosophy and the Theosophical Society in such a way that it would be acceptable to Krishnamurti and to what he is teaching. But how about the other way around? How about we interpret Krishnamurti’s teachings within an esoteric framework as developed by Theosophy and making certain corrections here and there. For example what I tried to do in the Consciousness category above comes down to a creative playing around with Krishnamurti’s teachings such that you will find some congruence. Such a strategy is quite legitimate and actually the study by Hodson titled Krishnamurti and the Search for Light can be seen as an attempt towards that end. If you read it you will find it is a fair reinterpretation of what Krishnamurti is saying about Theosophy.

Now there is an alternate convergence theory # 2. This is basically coming from Aryel Sanat, who in 1999 published the book The Inner Life of Krishnamurti. He is reinterpreting all the mystical, esoteric aspects of Krishnamurti’s life in such a way that the distance between Krishnamurti and Theosophy is drastically diminished. He focuses on Krishnamurti’s clairvoyant experiences, his mystical experiences, the so-called Process of the kundalini, and K’s use of language. A lot of facts are now in the public domain about Krishnamurti’s hidden, esoteric life, which form and content any Theosophist will understand.

So, you can restructure Krishnamurti’s life as being completely understandable in Theosophical terms. Sanat, I think, goes a little bit far in this reconstruction. For example, one of his assertions is that Krishnamurti had a “lifelong relationship with the Masters and the Lord Maitreya”xxxiv and the way he uses evidence for that is problematic to say the least. His book needs a very critical reading, because it contains many interesting but also problematic parts.

Another way to deal with this difference between Krishnamurti and Theosophy is to see it as a part of a so-called Hegelian dialectic. Hegel, a great philosopher of the early 19th century, developed the idea of dialectics. It is the process of thesis, antithesis and synthesis. Theosophy would be the thesis: Masters, initiations, gradual development, occult powers and manifestations, etc. This system was bound to attract an antithesis. And that came with Krishnamurti: no Masters, no initiations, revolutionary one time transformation etc.

Now the logic of dialectic will call for a synthesis of both positions, where both positions would be ‘aufgehoben‘, which is a German term meaning three things: 1) both positions are overcome, 2) both positions, in that overcoming, are transformed, and 3) both positions are preserved in the new synthesis. And of course this synthesis by itself and in time will attract its own antithesis again. And so it goes on and on. And we are just at a particular stage of this development. It must be noted here that the new position, if it is ever being worked out, might be so radically different from both Theosophy and Krishnamurti that both will probably have a hard time recognizing it. And even if they recognize it, then to accept it. But, you never know how thought develops. Anyway, Krishnamurti again has something interesting to say about this possibility. In 1933 he stated:

Please do not think that in the combination of your ideas and mine, you are going to realize a unified whole.xxxv

So, he says, forget about it. “You cannot take what I say and add it to your own. You cannot mix oil and water.”

The fifth and last manner to deal with these differences is to see them as complementary, archetypal modes of spirituality. They are both legitimate ways between which one can alternate during different phases of one’s life. During one phase it might be legitimate to seek out the Masters, try to qualify for initiations and accept a gradual process. And at another time it might be legitimate to toss that all out, just go solo and aim at a complete transformation. You can switch between the two according to what feels right. A question here might be that, if you make these switches, you might lose everything you have gained in one mode. You might keep merely switching around and go nowhere.

Further lines of investigation

There are further lines of investigation to be engaged in. First of all it would be interesting to investigate how Theosophical perceptions of Krishnamurti’s metaphysical status line up with specific evaluations of his teachings. Do all those who see K as the World Teacher also agree with his teachings? And do all those who do not see K as the World Teacher also disagree with his teachings? Overall that is the case, but there are intriguing exceptions.

Secondly, one could look at Krishnamurti and everything he put into motion as the emergence of a new civilization. The structure of that civilization would be as follows: in the middle you have Krishnamurti as remembered, i.e. the enigmatic and charismatic person himself. Around that, his teachings as they are preserved in books and videos. Around that, an organizational circle of the Krishnamurti foundations and the Krishnamurti schools where you will find a first circle of social structurization. And then, in a larger circle, all the institutions and habits of society at large which can become increasingly restructured by the inspirations coming from the first three parts. I propose to name the organized spiritual aspect of this civilization Krishnamurtianity and the wider culture the Krishnamurtian Civilization. Such terminology is purely descriptive and does not entail any valuation. It is my hope that academic disciplines like religious studies, psychology, sociology and history will take notice of that because it might be a unique phenomenon to investigate, i.e. the emergence of a whole new civilization.xxxvi Of course, on the other side, other academics might say it is merely a sect and not interesting.

Another aspect which has to be further investigated–and here I am very much with the philosopher Aryel Sanat–is looking at Krishnamurti’s teachings with the analytical tools developed by the philosophical movement of phenomenology.xxxvii Certain studies have already been undertaken like comparing Krishnamurti and Edmund Husserl, the founder of that movement.xxxviii There are also some studies comparing Krishnamurti with the early works of the French existentialist Jean-Paul Sartre, who was a phenomenologist.xxxix I made a list of reasons why phenomenology, Krishnamurti and Theosophy are relevant to each other.xl

Another investigation would be, and I call this the “micro investigation of the changes of vocabulary” of Krishnamurti around the crucial period of 1925 – 1929, i.e. the period before 1925 when he was still a convinced Theosophist, then the days when everything was changing because of his own deep mystical experiences, and then after 1929 when he went solo and distanced himself from anything esoteric. What were the gradual changes in his vocabulary?

Another project would be to put the Krishnamurti narrative within a grand Theosophical narrative. Blavatsky in The Key to Theosophy, the same book that I quoted from and in the very same chapter where she talks about a coming torch-bearer of truth, made a suggestion to look for outbursts of spirituality in the west during the last quarter of every century.xli She stated that there are certain teachers showing up and certain spiritual things happening in those twenty-five years which will shape the century to come. I took her idea serious and was indeed able to develop an alternate, esoteric history of the west, including identifying some of its main cycles.xlii

Then there are some critical readings to be done of some of the major studies of Krishnamurti. Aryel Sanat’s The Inner Life of Krishnamurti is one as well as the article “Realization or Revelation” by Dutch Theosophist J.J. van der Leeuw, who puts Krishnamurti and Theosophy against each other. And a paper titled “Was K Simplistic In His Approach To The Psyche?” by Carol Brandt, which was published in the magazine The Link, which I found very interesting. She compared some of the latest research on consciousness with what Krishnamurti was saying.

Then there is K’s possible early exposure to Advaita Vedanta through one of his teachers, the Theosophist Ernest Wood. He wrote The Pinnacle of Indian Thought, which is a translation with commentaries of The Crest Jewel of Discrimination allegedly by Advaita’s founding father Shankaracharya. The lead question would be, if K picked up already early in his life some basic Advaita concepts which then worked their way into his mature philosophy.

A last item to look into is K’s friendship with Vimala Thakar, the possibly one and only person having gone through K’s proposed radical transformation of consciousness. She lived a fascinating life and was considered by the What Is Enlightenment? magazine as the “most enlightened person in the world”.xliii She wrote a small, charming autobiography about her encounter with K and some see her as a female version of K.xliv

In short, there is still lots to investigate and the above is only a small contribution to an ongoing research agenda.

Bibliography

The Theosophist 107/6 (March 1986) & The Theosophist 116/8 (May 1995). Special Krishnamurti issues.

Alcyone (Krishnamurti). 1911 (2000). At the Feet of the Masters. Wheaton, IL: Theosophical Publishing House.

Algeo, John. 1995. “Review of Krishnamurti–Love and Freedom by Peter Michel”. Quest, 8/3: 86-87.

*Anonymous Master. 1926. “A Message to the Members of the Theosophical Society from an Elder Brother”. The Theosophist 47/4 (January 1926), Supplement: 1-7.

*Anrias, David. 1932. Through the Eyes of the Masters: Meditations and Portraits. London: Routledge.

Agrawal, M. M. 1991a. Consciousness and the Integrated Being: Sartre and Krishnamurti. Shimla, India: Indian Institute of Advanced Studies.

——-. 1991b. “Nothingness and Freedom: Sartre and Krishnamurti”. Journal of Indian Council of Philosophical Research, 9/1: 45-58.

Bailey, Alice. 1955. Discipleship in the New Age, vol.2. New York: Lucis Trust.

Besant, Annie. 1912. “Freedom of Opinion in the T.S.” Letter to The Vâhan 21\8 (March 1912): 153.

——-. 1930. “To Members of the Theosophical Society”. The Theosophist, 51\6 (March 1930).

Blavatsky, H.P. 1968. H.P. Blavatsky: Collected Writings. Vol. 3. Wheaton, IL: Theosophical Publishing House.

——-. 1995 (1889). The Key to Theosophy. Pasadena, CA: Theosophical University Press.

Brandt, Carol. 2003. “Was K Simplistic In His Approach To The Psyche?” The Link, 22.

Burnier, Radha. “J. Krishnamurti”. The Theosophist, 107/6 (March 1986). See also The Theosophist, 116/8 (May 1995).

Fouéré, René. n.d. “Krishnamurti et l’Existentialisme”. In: Linsen, Robert (Ed.), Krishnamurti et la Pensée Occidentale. Brussles: Editions Être Libre.

Fuller, Jean Overton. 1986. “Krishnamurti”. Theosophical History, 1/6 (April 1986): 140-142.

——-. 1998. Cyril Scott and a Hidden School: Towards the Peeling of an Onion. Theosophical History Journal, Occasional Paper VII.

Gunturu, Vanamali. 1998. Jiddu Krishnamurti’s Gedanken auser der Phaenomenologischen Perspective Edmund Husserl’s. Ph.D. Thesis. Frankfurt: Peter Lang.

Herzberger, Hans and Radhika (Eds.). 1995. “Krishnamurti on Theosophy: A Collection of Reference Materials”. Working Paper #4. Rishi Valley Study Centre, May 1995, Revised October 1996.

*Hodson, Geoffrey. ca. 1939. Krishnamurti and the Search for Light. Sydney: St. Alban Press.

Hodson, Geoffrey. 1929. Thus Have I Heard: A Book of Spiritual and Occult Gleanings from the Teachings of the Great. Adyar, India: Theosophical Publishing House.

*Hodson, Geoffrey. 1929. “Camp-fire Gleams” in Thus Have I Heard, 101-115.

*Keidan, Bill. 2000. “What really happened to J. Krishnamurti?” Alpheus, January, 2000.

Krishnamurti, Jiddu. 1929. “The Dissolution of the Order of the Star”. International Star Bulletin, (September 1929): 28-34. Also titled “Truth is a Pathless Land”.

—–. 1977. Truth and Actuality. London: Victor Gollancz.

—–. 2014. The Collected Works of J.Krishnamurti. Vols. I – XVIII. Delhi: Motalil Banarsidass.

Landau, Rom. 1935. God is my Adventure. London: Nicholson & Watson.

Leadbeater, Charles Webster. 1925. The Lives of Alcyone. Two volumes. Adyar, India: Theosophical Publishing House.

—–. 1930. “Art Thou He That Should Come?” The Theosophist, 51/9 (June 1930): 470-479.

*Leeuw, J.J. van der. 1930. “Revelation or Realization: The Conflict in Theosophy”. Amsterdam: TS?

Love, Robert. 2010. The Great Oom: The Improbable Birth of Yoga in America. New York; Viking.

Michel, Peter. 1995. Krishnamurti: Love and Freedom. Woodside, CA: Bluestar Communications.

Prophet, Elizabeth Claire. 1975. The Chela and the Path. Malibu, CA: Summit University Press.

*——-. 1976. “An Exposé of False Teachings”. Messsage from Kuthumi. Pearls of Wisdom, 19/5: 25-30.

Quigley, Carroll. 1979 (1961). The Evolution of Civilizations: An Introduction to Historical Analysis. Indianapolis, IN: Liberty Fund,.

Ransom, Josephine. 1938. A Short History of The Theosophical Society, 1875-1937. Adyar, Madras, India: Theosophical Publishing House.

Robertson, John K. 1971. “Aquarian Occultist: The Life and Teachings of Geoffrey Hodson”. Unpublished MS.

Sanat, Aryel. 1988. “The Secret Doctrine, Krishnamurti & Transformation”. The American Theosophist, 76/5 (May 1988): 133-143.

——-. 1999. The Inner Life of Krishnamurti: Private Passion and Perennial Wisdom. Wheaton, IL: Theosophical Publishing House.

Sanderson, Stephen K. 1999. Social Transformations: A General Theory of Historical Development. Lanham, MD: Rowman & Littlefield.

Schuller, Govert. 1997a. Krishnamurti and the World Teacher Project: Some Theosophical Perceptions. Theosophical History Journal, Occasional Paper V.

——-. 1997b. “Krishnamurti: An Esoteric View of his Teachings“. Alpheus, 1997.

——-. 1997c. “The Masters and Their Emissaries: From H.P.B. to Guru Ma and Beyond”. Alpheus, 1997, 2nd edition 1999.

——-. 2005a. “Comparison between Theosophy and Krishnamurti“. Double Column Comparison with Footnotes. Alpheus, 2005. Updated in 2019.

——-. 2005b. “The Relevance of Phenomenology for Theosophy“. Alpheus, 16 April 2005.

——-. 2006. “Centennial Efforts and Counter-Efforts of the Millennium“. Alpheus, March, 2006.

——-. 2009. “Rhythms of Spiritual Enlightenments and Counter-Enlightenments”. Diagram in Reader, 2009: 136.

Scott, Cyril [His Pupil]. 1927. The Initiate in the New World. London: Routledge.

*Scott, Cyril [His Pupil]. 1932. The Initiate in the Dark Cycle. London: Routledge.

Thakar, Vimala. 1966. On an Eternal Voyage. Hilversum, Netherlands: E.A.M. Frankena-Geraets.

——-. 2006. “Awakening to Total Revolution: Enlightenment and the World Crisis“. What Is Enlightenment? Issue 15.

Tillett, Gregory. 1982. The Elder Brother: A Biography of Charles Webster Leadbeater. London: Routledge & Kegan Paul.

Toynbee, Arnold J. 1947. A Study of History: Abridgement of. 2 volumes. Oxford: Oxford University Press.

Vedaparayana, Gandikota. 2005. Jean-Paul Sartre and Jiddu Krishnamurti on Consciousness and Freedom. Tirupati: Sri Venkateswara University.

——-. 2009. Collected Essays on J.P. Sartre and J. Krishnamurti. Tirupati: Sri Venkateswara University.

Wood, Ernest. 1967. The Pinnacle of Indian Thought. Wheaton, IL: Theosophical Publishing House.

*Article partially or integrally posted on www.alpheus.org

Larger annotated bibliography at http://www.alpheus.org/html/bibliography/k_bibliography.html1

New, categorized bibliography at

https://www.alpheus.org/krishnamurti-bibliography/

This article is based on the text of a lecture by the same title given at the Theosophical Society in America in 2004. The text is slightly expanded and references to sources have been added. Apologies for the dysfunctional endnote apparatus. I have not yet figured out how to make OpenOffice and WordPress compatible.

Endnotes

i Krishnamurti, Ojai, 24 Jan 1932.

ii Ransom, 5.

iii Blavatsky, 1995: 307.

iv Besant, 1912: 53.

v Hodson, 1929:101-115

vi Krishnamurti, 1929.

vii Schuller, 1997. All subsequent quotes from same.

viii Krishnamurti, 1977: 88.

ix Anrias, 1932: 66.

x Prophet, 1976: 29.

xi Tillett, 1982: 276.

xii Landau, 1933: 100.

xiii Herzberger, 1995: 2.

xiv Besant, 1930: 535.

xv Krishnamurti, Vol. V, 2014: 354. Third Talk, London, England, October 16, 1949.

xvi Burnier, 1986.

xvii Hodson, 1939: 9.

xviii Quoted in Robertson, 1971: 190-191.

xix Scott, 1932: 136.

xx Ibid.

xxi Leadbeater, 1925, Vol. II: 266.

xxii Leadbeater, 1925, Vol. II: 293.

xxiii Blavatsky, 1968, Vol. III: 241. Italics in original.

xxiv Anrias, 1932: 67.

xxv Krishnamurti, Vol. II, 2014: 127. First Talk, Rio de Janeiro, Brazil, April 13, 1935

xxvi Ommen, Netherlands, July 29, 1931; International Star Bulletin, September 1931

xxvii Krishnamurti, Vol. I, 2014: 172. Third Talk, Adyar, India, January 1, 1934.

xxviii Prophet, 1976: 29.

xxix Krishnamurti, Vol. II, 2014: 26. “Talk to Theosophists”, Auckland, New Zealand, March 31, 1934.

xxx Krishnamurti, Vol. III, 2014: 25. Sixth Talk, Ojai , USA, May 10, 1936.

xxxi Krishnamurti, Vol. II, 2014: 225-6. Second Talk, Mexico City, Mexico, October 27, 1935.

xxxii Adyar, India, December 29, 1932. Star Bulletin, May 1933.

xxxiii H.P. Blavatsky. The Theosophist, July, 1881, p. 218

xxxiv Sanat, 1999: 137.

xxxv Krishnamurti, Vol. I, 2014: 31. First Talk, Ommen, Netherlands, July 1927, 1933.

xxxvi Very helpful will be Toynbee, 1947; Quigley, 1979; and Sanderson, 1999.

xxxvii Sanat, 1999: 144 & 246.

xxxviii See Gunturu, 1998.

xxxix See Fouéré; Agrawal 1991a & 1991b; and Vedaparayana 2005 & 2009.

xl See Schuller, 2005b.

xli Blavatsky, 1995: 306.

xlii See Schuller, 2006 & 2009.

xliii Introduction to Thakar, 2006.

xliv Thakar, 1966.

Two Theosophical Views on Krishnamurti: One Sympathetic, One Critical

 

CONTENTS                                [Article in pdf]

Introduction

Context of Discovery

Analysis I: The Sympathetic Theosophical View

Analysis II: The Critical Theosophical View

The Sympathetic and Critical Views Interpreting Each Other

First strategy

Second Strategy

Specific Questions and Answers

What was K’s experience of Benediction?

Was K enlightened or not?

What is true and what is false in K’s teachings?

Was K living his own teachings?

Postscript

Bibliography

Endnotes

INTRODUCTION

This article focuses on a few aspects of the Theosophy-Krishnamurti nexus and probably will only be of interest for those who like to think through the relationship between the very successful New Age movement of Theosophy and one of the most intriguing persons coming out of that movement, the Indian spiritual philosopher Jiddu Krishnamurti (from here on named K).

The article is based on an exchange of e-mails between a then anonymous writer and myself in November 2005, which I later posted as “Krishnamurti Discussion“. Because we both expressed an ambiguous relationship to K and his teachings, the exchange became a vessel to explore these in depth. What I added are some more autobiographical and narative elements inspired by my recent engagement with narrative identity theory and I expanded some arguments for the sake of clarity. I am also leaving intact some very stark statements I made about K with which I do not agree anymore, but were justified within the framework they were made.

Before diving into the intricacies of the exchange, a little introduction to the larger framework which this discussion took into account might be helpful.

Little did I know that, when I made a clarifying matrix of possible Theosophical perceptions of Krishnamurti’s metaphysical status, that the contradictory position I included in that matrix, i.e. the Project was Not Genuine & Successful, would develop into the one I now find most likely.i

The logic of this matrix was based on the possible combinations to the answer to two questions: Was the World Teacher Project with Krishnamurti perceived as genuine? And was it perceived as successful? The Project, as I will call it from here on, was the expectation of, and preparation for, the return of a great teacher in the form of the Christ overshadowing again a chosen vehicle like he had done with Jesus of Nazareth, but now through the young boy Jiddu Krishnamurti. With ‘genuine’ was meant that the initiative of the Project lay in some transcendental source of supreme intelligence and with ‘successful’ was meant whether the original intention of the transcendental source of intelligence had come to fruition.

The possible answers to these two questions generated the four following positions:

1) The project was perceived as genuine and successful;

2) The project was perceived as genuine, but failed;

3) The project was perceived as not genuine and failed (of course); and

4) The project was perceived as not genuine, but succeeded!

And for all the four possible positions there were Theosophists or allied thinkers taking the different positions. The most important among them I discussed in a previous paper, but here they are placed in their proper quadrant:

Fig. 1. Theosophical Perceptions of the World Teacher Project

The contradictory position is the Not Genuine & Successful one, which was thought to be plausible by the polish-British author Rom Landau and the Russian esotericist Pyotr Ouspensky, whose views Landau reported on. Their reasoning was that the Theosophical leaders Annie Besant and Charles Leadbeater just experimented with a sensitive boy to make him believe he could become the next great Christ-like teacher and that–low and behold!–the experiment produced a spiritual teacher of very great charisma and high caliber. Therefore the project was not genuine, but still successful.

When I did this research I was convinced of a quite different position. I thought that the Masters, i.e. a group of allegedly superhuman beings working in the deep background, had really directed the Theosophical luminaries Blavatsky, Besant and Leadbeater to prepare the way for a new Avatar, but that K was not up to the task and exited the Project. This was not as most Theosophists had expected. Though Leadbeater was initially sympathetic to K’s claims of transformation, in the end he didn’t buy it, while Besant went along with the idea that K was being overshadowed and then tried to harmonize the different factions developing in the Theosophical Society. My perspective was that K had indeed abrogated the Project, though very quickly turned around and claimed its success after all, but then on his own terms. In this interpretation the Masters moved on and expressed through some of their other trained channels their view of what had gone wrong. I gathered and combined these critical views in two pamphlets, which were released alongside the paper.ii

At the end of both pamphlets I made the case, with the help of the British philosopher of history Arnold Toynbee, that, as flawed K’s teachings might be, the combined impact of his charisma, life history and teachings would result in the foreseeable future in a new, though still flawed, civilization replacing the current globalized western one, provided the western one would not arrive at a level of sustainable maturity with the help of esoteric sources.

A few years later I was approached in an e-mail by someone who posed some really profound questions about K’s life and the many possible interpretations circling about him. This inspired me then to develop as well as possible, but still in a reasonably short response, the two dominant positions regarding K: The Genuine & Successful one and the Genuine & Unsuccessful one. What follows is an expanded version of this e-mail.iii

Context of Discovery

I shared with my correspondent that I also had a very ambivalent relation to K and his teachings and that, because K had such a profound influence on my life and thinking, I had been pursuing many of the questions my correspondent did.

When I first started dabbling in K it became quite clear that he had something very transformational to say, meaning that, while or after reading him, I would find myself with changed and awakened states of alertness about my surroundings and the workings of my own mind, though not actually knowing how or why. After a while I got the ‘hang’ of his teachings and started experimenting increasingly on my own during long walks and discussions with others.

Just after reading his remarkable biography in the spring of 1980 by Mary Lutyens, Krishnamurti: The Years of Awakening, I realized he was still alive. I hitchhiked to Saanen, Switzerland that summer and participated in the gatherings for two weeks. Just before hitting the road I had started reading Krishnamurti’s Notebook and, after a while at my Swiss destination, I was having similar experiences of benediction and bliss as described by K. These experiences only lasted, on and off, for the time I was in Switzerland.iv

I also found a little autobiography there, in French, by K’s former friend Vimala Thakar titled On an Eternal Voyage. From reading the account of her experiences with K and her own enlightenment, I derived the conviction that what K inspires us to do would indeed be feasible.

After many years of being a ‘purist’ Krishnamurtian, I developed again an interest in Theosophy, to which I had been previously exposed during high school. With all the ‘occult’ phenomena surrounding K it seemed to be a feasible project to harmonize the two outlooks. This did not have a high priority though. I was more interested then in philosophy, east and west, and especially found phenomenology, philosophy of science and Advaita Vedanta to my taste.

A sudden change in my philosophical endeavors happened when I found an early work by Sartre on ego-genesis titled The Transcendence of the Ego, which, because it came very close to what K was saying, provided a bridge and framework to re-interpret K in existential-phenomenological terms, an endeavor undertaken by many others I later discovered. The basic idea is that consciousness is originally ego-less, it has no self, but, because consciousness operates in a specious or thick now, it has the ‘space’ to reflect back on itself and catch its own ‘just past’. Sartre makes the case that in this self-reflexive move the ego arises as the product of the restructuring which happens in acts of self-awareness. The ego arising from this reflection is then seen as the carrier of all kinds of attitudes and dispositions. For example, when I meet the same person a couple of times and experience the meeting as pleasant, I might upon reflection conclude that I like this person thereby transferring the ephemeral quality of the encounter to my ‘self’ as its carrier and be able to say “I like this person”. At the same time the quality can also be transferred to the other person and conclude that that person is likeable as if it were a continuous attribute. This transformation is in itself quite innocent and maybe even helpful in finding one’s bearing in social life (‘life might be nicer if you are more likable and find more likeable people’), but Sartre’s point is that the ego and its imputed qualities is a derivative phenomenon, it is a construct. In a more simple form both Nietzsche and K said something similar: a thinker does not precede thought; it is thought which creates the thinker.

Anyway, this encounter with Sartre pretty much strengthened my conviction that phenomenology was not only fruitful for my understanding of both K and myself, but also of religion and mysticism in general to the point that I wrote an article making the case that Theosophy and phenomenology should as far as possible appropriate each other.v Later I found phenomenology very helpful in understanding conceptual art, especially the French pioneer in this genre Marcel Duchampvi, and it was my load-stone in the investigation of ‘narrative identity theory’ as the best tool to understand this most plausible of identity theories.vii

Another breakthrough in the mid-1980s, again quite unexpected and of a very different kind, was when I found Cyrill Scott’s The Initiate in the Dark Cycle.viii That book hit hard and deep. I was open to the profound Theosophical critique of K laid out in that book because I had started to doubt the feasibility of K’s transformation and had become disappointed trying. This revelation was also prepared by seriously entertaining the question of what the Masters might have thought about K. Probably I looked to them to extract myself from my self-imposed conundrum in regards to K. This set of experiences, maybe better named a genuine crisis of faith, paved the way to get involved in what I then believed to be a post-Theosophical group connected with the same Masters to which Blavatsky, Leadbeater and K were allegedly connected. And from this corner came an even more devastating critique of K.ix

But, while repudiating the metaphysical claims of K’s status and the claims regarding the purity of his teachings, I knew he had said many a true thing, and I was not ready to completely throw him overboard. After some intensive research in the mid-90s I wrote the Krishnamurti and the World Teacher Project: Some Theosophical Perceptions paper, trying to be objective and comparative. I also released on my newly constructed web site Alpheus two pamphlets to lay out my own personal, metaphysical views. On this site I tried to present as many resources as possible for people to investigate these matters for themselves.

Then philosophy struck again and I started another round of intensive studies of phenomenology, now with the Heidegger expert Theodore Kisiel, who I found at Northern Illinois University just 30 miles west from where I lived. This resulted in the above mentioned paper “The Relevance of Phenomenology for Theosophy”, which was also the basis for a class I taught on phenomenology at the Theosophical Society in America.x In the paper there is a sub-section on K, which spells out my intended philosophical research program to deal with K.xi

As regards the subtleties themselves involved in this endeavor I submit the following two analyses of K’s experiences in which I pull from both phenomenology and Theosophy. The two analyses are at loggerheads and a deeper investigation is necessary (see way below) to find the angle from which both accounts can be seen as true. This then might result in a deeper understanding of our ambivalence towards K.

Analysis I: The Sympathetic Theosophical View

The origin of this account was in several discussions conducted with Theosophists on awareness and its connection to implicit and explicit self-awareness and how such ideas might apply to K. At the same time we used a lot of Theosophical concepts to further elucidate K’s experiences and states of mind. The following is a table of the Sanskrit and English terminology used by many Theosophists, to which I added descriptions in an experiential terminology.


Fig. 2. Table of Sanskrit and English Terms
for Aspects of Human Beings

In terms of states-of-consciousness one could differentiate within Krishnamurti’s own experiences and history–as he related them publicly and privately in his own words–the following ‘states,’ to which I will attach some of the above discussed Theosophical and/or Sanskrit terms:

a) In the years leading up to 1922 K was often critical, rebellious, doubtful of his expected role, even sometimes depressed. One could say that he was subjected to regular, mundane experiences of Kama-Manas with sometimes some Buddhi poking through.xii

b) This attitude was radically altered by his re-conversion or re-dedication to his mission inspired by a Mahatmic message received in Sydney in June 1922. With a touch of skepticism Lutyens wrote that the message was ” ‘brought through’ by Leadbeater”. The opening sentences read:

Of you, too, we have the highest hopes. Steady & widen yourself, and strive more & more to bring the mind & brain into subservience to the true Self within.xiii

Inspired by the message K wrote five weeks later that “I am going to get back my old touch with the Masters & after all that’s the only thing that matters in life & nothing else does”.xiv One could say that in a moment of vision the Buddhi principle was prevailing over his Kama-Manas.

c) From then on K engaged in a regular regime of meditation. This could be conceived as the stabilizing of the Buddhic in silence by subsuming the lower bodies. Of his intention K wrote that ” . . . I had to harmonize all my other bodies with the Buddhic plane . . . To harmonize the various bodies I had to keep them vibrating at the same rate as the Buddhic . . .” xv

d) In August 1922 in Ojai saw the start of the painful and dramatic Process. This could be conceived as if the Masters were purging K’s body through occult means while K himself was mostly absent in a state of out-of-body experience. K also had experiences of his Kundalini rising, i.e. the awakening of his spiritual energies in the Root Chakra at the base of the spine and rising towards the Crown Chakra at the top of the head.xvi Occasionally, when K’s soul was OBE (went off”), a child-like sub-personality would express itself about the pain the body was going through. In Theosophy this is called the “physical elemental” and is a part of one’s Kama Rupa (lower desire body) connected to the physical body.xvii

e) After a year and a half, and back in Ojai again, the Process culminates in the opening of both the Crown and Third Eye Chakras making it possible for K to have conscious communion with the Masters and a clear certainty about his mission.xviii At this moment one could say that the Buddhic principle had fully overcome and subdued the Kama-Manas.

f) Then K experienced initially a traumatic, but finally a very transformative experience. On his way to India in November 1925 he received news of the death of his brother and life companion Nitya. In and through the mourning process K seemed to have purged the last vestiges of doubt and attachments. It was a deepened vision born out of suffering. K also expressed that he was unified in spirit with Nitya.xix This could be explained by the idea that the brothers were Twin Flames, a neo-Theosophical concept originating in the I AM Movement.xx

g) On December 28, 1925 occurred the first manifestation of Maitreya in Adyar, India at the grounds of the international headquarters of the Theosophical Society during a meeting of the Star in the East. Many claimed, and even watched clairvoyantly, that Maitreya spoke through K, something K himself confirmed afterwards.xxi The openness and trust involved were enabled by K’s stable Buddhic state of awareness, making it possible for a realized Mahatma to temporally ‘take over’ K’s vocal cords at that level.

h) Around 1927 K starts to reframe his mystical-developmental arc with the intentionally vague term “my Beloved“. For K the Beloved was the ultimate goal to be united with, like attaining a mountain top or entering a flame.xxii As long as this goal had not yet been attained one could conceive this as the Buddhic sighting of Atman, i.e. the individualized spiritual soul has the vision of the all-pervasive divine self.

i) K becomes the Beloved in moments of intense mysticism. He sees the Beloved as everywhere and within everything. For K the Beloved was “the open skies, the flower, every human being” including all the masters, even Maitreya and Buddha, “and yet it is beyond all these forms”.xxiii Here it could be argued that some fusion of the Buddhic with the Atman was established. These pronouncements became the stepping stones for K to go beyond Theosophy into his own unique interpretation of his states of mind, but K’s statements also became stumbling blocks for the more doctrinaire Theosophists in their evaluation of K, especially surrounding the question whether he was fulfilling the Project or not.

j) By 1961, and maybe even earlier, K has deep experiences of ‘benediction,’ ‘otherness,’ and ‘immensity.’ He referred to these experiences early on in his Notebook as “that fullness of Il L.”, i.e. Il Leccio, the name of a Tuscan villa belonging to K’s friend Vanda Scaravelli.xxiv This might have been the place where these experiences started when he visited it on a regular basis just after WWII, though he had stayed there once before in 1937. This experience seems to have been unexpectedly coming and going, though in differing intensities. Again, in more Sanskrit terminology one could say he was experiencing Sat-chit-ananda, the combination of Being (Sat), Consciousness (Cit) and Bliss (Ananada), and, maybe best caught in the phrase ‘blissful consciousness of being’.

k) K’s state of high intensity meditation culminates one night in the middle of November 1979 in reaching “the source of all energy”, which he perceived as “the ultimate, the beginning and the ending and the absolute” as he stated in a specially dictated account of that momentous event. In Hindu philosophy Atma (the soul) is equated with Brahm (God). As K was arguably at that level of consciousness already, it could very well be that the ‘source’ was beyond Brahm, i.e. Parabrahm, the highest, supreme principle. On the other side it has to be mentioned that in the same statement K cautioned his readers that his experience “must in no way be confused with, or even thought of, as god or the highest principle, the Brahman, which are the projections of the human mind out of fear and longing, the unyielding desire for total security.”xxv

So far the identifiable steps K took on his spiritual-developmental arc and the possible Sanskrit terms to describe them. Excluded in this enumeration are the states of consciousness relevant to K as a teacher, which had its own developmental stages.

What has been gained with this differentiation? First of all it has to be noted that, though words fall short in giving complete descriptions, these states of consciousness are different enough that they can be expressed in different concepts. Secondly, that K was aware of these differences and was the first one to suggest the appropriate non-technical concepts. Thirdly, as skilled Theosophists can do, parallels can be found with Theosophical and Sanskrit terminology.

The fact that K was aware of these experiences and could describe them afterwards indicates that something like a ‘self,’ or something ‘self-same,’ was enduring during these experiences, at least from the experience itself up to the moment of having them written down. For me this also indicates that something implicitly self-aware in the experience became explicitly so in the wording and that memory had some function in this transition. In the context of this article such pondering is not that relevant, though it has to be mentioned that K’s mystical experiences are grist to the mill of an existential-phenomenological interpretation to be pursued in other venues.xxvi

Analysis II: The Critical Theosophical View

The critical Theosophical view would accept the above development of K until around 1927. At that point a sharp divergence can be noticed and it all seems to hinge on the interpretation of what K called his Beloved.

Around 1927, when Annie Besant proclaimed to the world the return of the Christ in the body of K, a process had commenced within Krishnamurti which made it more and more difficult for Maitreya to overshadow him. Besant’s understanding that K’s consciousness was blended with Maitreya’s and that a part of Maitreya was blended with K is incorrect. K became his ‘own’ and the only fusion taking place was K and his Beloved, not K and Maitreya.

In K’s own view he was leaving the Masters behind, and in Maitreya’s view, as per David Anrias, K took certain initiations under some very advanced and coldly intellectual nature spirits or Devas. Maitreya (per Anrias) specifically stated:

You who have studied the horoscope of Krishnamurti know that he is incapable of compromising with the past; also that he was reinforced in his seemingly destructive work by those great Devas of the Air, who, under direction of the Lords of Karma, are helping Man to polarize himself towards spiritual rather than material conquests.

In order to co-operate more completely with the Devas, Krishnamurti took initiations along their line of evolution. The essential nature of these Devas, used as agents of the Great Law, being perforce impersonal and detached, it came by degrees to influence his whole point of view, making him appear unsympathetic and even inhuman. Furthermore, since he had attained these initiations in the causal body by a positive effort of consciousness, it became all but impossible for him to be used any longer as my medium.xxvii

K’s account, based on experience and seen from the inside out, seems to accord with Maitreya’s account, seen from the outside in. Only their valuations differ. The crucial point, which made these developments possible, was that the Project was a unique experimental one, never done before with any previous preparations for an Avataric happening. Because it was experimental it had the chance for not working out as was hoped. And I thought anno 2005 that it had failed.

The failing factor, and here I use the word ‘failing’ in a completely factual and non-judgmental sense, was that K’s body could not endure the strain, even though it could endure a quite inconceivable amount of pain and stress. This shortcoming of K’s body was nobody’s fault.xxviii Where K was at fault was in re-interpreting the Project according to his own emerging understanding, which became increasingly at odds with Theosophy.

This understanding was–and this is the core of the problem–a reflection of K’s non-acceptance of the failure of the Project and his decision to carry it out anyway, even if that meant arrogating, through creative conceptual massaging, the World Teacher title while tossing out the whole spiritual-conceptual framework of Theosophy, including Masters and initiations.

Seen from this perspective, and mixing in some psychoanalysis, K’s teachings are one long continuous justification of that one fateful decision he made. Because of his charisma and appeal to flawed deep motives within ourselves similar to his own, he was successful in converting quite some people to his view and providing them thereby with the justifications to leave behind the deeper mystical understandings of life provided by Theosophy.

The only exceptions would be those Krishnamurtian Theosophists and Theosophical Krishnamurtians who have taken on a mighty spiritual-intellectual struggle to straighten out the many inconsistencies between the two views, for which I only have the greatest respect, even while contributing my own contrarian view.xxix

The Sympathetic and Critical Views Interpreting Each Other

Though both accounts are obviously quite different, I can see some of the possible strategies to explain the sympathetic analysis from the perspective of the critical one, and other way around.

First Strategy

To start with the first strategy–the refutation of the critical view by the sympathetic view–I think that K himself already gave some indications about possible interpretations. These mostly come down, as I pointed out in “K and the World Teacher Project”, to ad hominem attacks: the listener just doesn’t get it, because he/she doesn’t want to or has an alternate agenda. Many variations can be found on that theme. Or Theosophists might fall back on more esoteric ideas like the existence of imposter Masters who deceived critical Theosophists like Scott, Anrias, Hodsen and others. Or, some will argue, they were just hallucinating. The possibilities are vast and have not yet been presented in an exhaustive manner. What is safe to state here is that the Scott-Anrias line of criticism has been overall neglected except for the British Theosophist and writer Jean Overton Fuller, with whom I have had some exchanges on the subject, and German writer Peter Michel. Both took some pains to engage the Scott-Anrias material. Fuller was quite critical and thought that the Scott and Anrias writings was fictional and that some of its allegedly enlightened characters spouted “nonsense”.xxx Michel took them quite serious, but then tried to combine contradictory positions, which complexity I will leave for the aficionados to think through.xxxi What is quite fascinating is that K in 1936 responded to a question in which its criticism of K was lifted from a book by Scott. His answer was, that,

People who write books of this kind are consciously or unconsciously exploiting others. They have axes to grind, and having committed themselves to a certain system, they bring in the authority of a Master, of tradition, of superstition, of churches, which generally controls the activities of an individual.xxxii

So far for the manner in which all these Theosophical criticisms were and could be parried.

Second Strategy

The second strategy–and the real challenge for me–is to incorporate and re-interpret K’s development and experiences as presented in the sympathetic view, into the critical view. Is it possible for a person, in this case K, to have all that charisma, deep mystical experiences and profound teachings even while having failed a crucial test and having repudiated the Masters and Theosophy? This was, anno 2005, the leading question for me. Two points I will make in this context, one about skill acquisition as a time-consuming phenomenon and the second about K’s critical statements regarding Theosophy and the Masters.

One of the lines of investigation is to get a grip on the idea of skill acquisition as that pertains to displaying charisma, attaining deep levels of meditation and being able to talk to an audience without notes. The idea is that these are skills developed over a long period of time, possibly including many lives, and are not the side effects of a passive state of consciousness through which something otherworldly comes through, though apparently it was perceived as such by K himself and others.

Phenomenology can help here again, because it has made some attempts to differentiate the different levels of skill acquisition. Especially the American Heidegger expert Hubert Dreyfus is quite active in this field. For example the beginning of his paper “Could Anything Be More Intelligible than Everyday Intelligibility?” has some very pertinent things to say about action at the highest levels of human endeavor, i.e. public action based on visionary experiences, which is what K, and also HPB and others, were all about.

The crux of the matter is a correct understanding of the highest level of skill, i.e. expertise or the Aristotelian virtue of Phronesis, in which an actor has a uniquely appropriate response to a unique situation. Important here is to realize that this is a very high skill only obtained through time and experience, not through some methodless, instantaneous transformation as K wants it. Further, this analysis of skill acquisition might also shed light on the whole initiatic process, which might be nothing less than a gradual and integrated development of mental, volitional and affective skills, a process through which K went himself between 1911 and 1925, only to repudiate it, when he was arguably at a quite proficient level of spiritual skillfulness, if I can put it like that.

Meanwhile the more or less passive part of the Project–i.e. K’s overshadowing by Maitreya–can also be re-interpreted along phronetic lines, because it involved K’s skill to maintain a certain level of attunement and Maitreya’s skill to then ‘overshadow’ K and bring forth the needed teachings for the new epoch. As you can see the idea has some fruitful applications in clarifying many of the subtleties involved in the K-problematic.

Though the above line of reasoning with the help of a phenomenology of skill acquisition could be used in both the sympathetic and critical account of K, I think its crucial importance is to make clear that K’s all-or-nothing, methodless methodology to get enlightened and his repudiation of the gradual initiatic process was erroneous. It therefore strengthens the critical view.

The second point is about the really big challenge for the sympathetic view of K to come to terms with K’s very critical remarks about Theosophy, the role of the Masters and the initiatic process. I created a double column juxtaposition of the views of Theosophy and K on numerous subjects titled “Comparison between Theosophy and Krishnamurti” and would present that as exhibit A in making the case that it would be extremely improbable that someone working with the Masters, even to the point of having ‘melded’ his consciousness with one, would make such denunciatory remarks.xxxiii Only the Theosophically critical view of K would be able, and in a very easy manner, to explain those remarks–after all–this view is based on the idea that K repudiated the whole Theosophical set-up for which he gave ample evidence. Let’s listen to what he said.

JK: You may deceive yourself by saying, “What you say and what I [Theosophist] believe are the same. They’re the two sides of the coin.” You may say what you like; but that is mere self-deception.xxxiv

JK: Sirs, these two things are wholly different: what you [Theosophists] are thinking and doing, and what I am talking and doing. The two cannot combine. Your whole system is based on exploitation, on following authority, on belief and faith. . . . What you are doing and what I am doing are two totally different things that have nothing in common.xxxv

My exhibit B would be the working paper “Krishnamurti on Theosophy” composed by Hans and Radhika Herzberger for the Rishi Valley Study Centre, a study retreat run by the Krishnamurti Foundation of India. This is an exhaustive list of relevant quotes by K and also has a very good introduction discussing different theories applicable to the relationship of K and Theosophy, which I will address in another article.xxxvi One of the more clear quotes presented is:

Q: I have studied Theosophy very deeply and …I say that your wisdom is essentially the truth of Theosophy.

JK: You may study profoundly all the Theosophical books; but your conception of wisdom is utterly false. . . . You gather dust from books and call it wisdom. I speak of a natural wisdom, beyond all books. . . . To me your theories are utterly valueless.xxxvii

Numerous similar quotes can be found, especially in the years 1927 to 1934, and which summation might be best expressed by Dominique Johnson in his article processing the divergence between K and Theosophy:

Jiddu Krishnamurti utterly rejected the convergence of his thought and Theosophy, and his wishes should be respected. Contemporary Theosophists have to let go of Jiddu Krishnamurti, and trying to reconcile or find a convergence of Krishnamurti’s thought and Theosophy (italics in original).xxxviii

Notwithstanding K’s strong statements and the many irreconcilable differences, Theosophists and, for that matter, any researcher, can find some points of convergence, if not agreement. In the double column I placed such under the headings of God, Consciousness and Ego. The Argentinian-American Theosophical scholar Pablo Sender wrote a very perceptive article on these agreements and also presented his own ‘two-aspects’ or ‘two sides of the same coin’ argument to reconcile the differences, though is not engaging–let’s call it– the Herzberger material.xxxix

In sumary I think that, provided one likes to see the problematic from a Theosophical point of view, the most plausible theory is that K drifted away from Theosophy not only because Theosophists started having increasingly fictive notions of the Project, but that K had no more use nor sympathy for any kind of esoteric thinking whatsoever. The only baffling thing was that he still claimed, in ever more subtle and evasive wording, the mantle of World Teacher.

Additional Questions and Answers

The foregoing is an introduction to answer some specific question:

1). What was K’s experience of Benediction actually?

2). Was K really enlightened or not?

3). What is true and what is false in K’s teachings?

4). Was K living his own teachings?

1). First the Benediction. Going back to the sympathetic view of K presented earlier I can indeed see it as an experience of Satchitananda (blissful consciousness of being) operative at the Buddhi-Atman level. As many have reported similar experiences, and I have partaken of this myself, it does not seem to be so extraordinary by itself. What is unique in K’s case is the apparent depth of his experience, its ongoing nature, and the simple and poetic language in which he was able to convey its intensity. The experience doesn’t indicate a necessary reference to Maitreya, the Masters or God.

Aryel Sanat in his esoteric study of K seems to think that the experience is somehow indicative of an intimate communion with Maitreya. He tries to make the case that all of K’s initiatic experiences like the Process and the Kundalini rising were conducted by the Masters; that K’s experience of the Beloved was an experience of the Lord Maitreya because the Beloved had to be equated with that Master as K seemed to imply; and that the experience of the Beloved was the same as the Benediction, therefore Maitreya was with K throughout his life and therefore at least co-responsible for the teachings.xl This series of equations is quite a stretch and I think he errs. Of course Kundalini was involved, especially in the preparatory stages of the Process. A differentiation has to be made between the Process, which seems to be a painful purging of the lower bodies in which other intelligences might be involved like Masters or Devas, and the Benediction, which is an experience of cosmic bliss beyond the Process and beyond other intelligences. Initially K included the Masters in his concept of the Beloved, but after abjuring the Masters and Theosophy in the early 1930s this inclusion can hardly be maintained.

Anno 2005, I saw K’s capacity for having these experiences as rooted in a very subtle skill developed over many lifetimes and greatly helped by his intimate relationship with the Masters in the early stages of his last life.

2). Second, it is hard to establish the idea whether K was enlightened or not. It all depends on one’s definition of enlightenment of course and as long as we are not enlightened ourselves, it could be argued we really do not know. My position is that he attained some superior levels of spiritual skill, but got stuck, though he himself thought he had reached the highest level of ego-less being. For some he might be a genuine and really helpful beacon of light for a while, but beyond a certain point his role becomes that of a very subtle pied-piper leading souls to an impasse similar to his own. The really enlightened teachers for humanity are the Ascended Masters. I believed that Buddha, Kuthumi, El Morya, Jesus, Saint Germain, Nicholas and Helena Roerich and Guy Ballard were all at that level. I did not know about Ramana Maharshi and Nisargadatta Maharaj. So, for me, K could not be considered enlightened.

3). Sorting out the true from the false in K’s teachings will be an arduous task. His disregard for other religions and philosophies is quite unacceptable. Most of them are a mixed bag, as are his own teachings. I think he can be very perceptive in his analysis of certain existential themes like fear, desire, death, escapism, etc. But he can be quite wrong and simplistic in his analysis of the function of thought and understanding. Also his analysis of ego-genesis as solely depending on thought, while leaving out the necessary component of consciousness reflecting upon itself, is quite inadequate. And he really starts fumbling when he equates the essence of thought with that of matter. He is also quite deficient in finding a realistic balance between gradual developments and possible ‘quantum leaps’ in spiritual development. He also reduces issues, far more often than acceptable, into black-white dichotomies, which suggests to me that he is a little bit infatuated, without knowing so, by the power of logo-centric thinking. This is all the more ironic because of his purported deep insights into the nature of thought. There are pearls to be found in his thoughts, but it is a dangerous picking.

4). One other important issue to discuss is whether or not K was living his own teachings. A lot is involved, beginning with the problem of what it means in the first place to “live a teaching”. The phrase seems to imply that the teaching is the more important part of the equation, and that it would be possible to live according to the teaching. The problem with K seems to be that he doesn’t give much of a teaching to live by in the first place. If there are specific instructions, they are very commonsense and obvious, like “don’t smoke,” or they are so general that nothing specific is implied, like “be aware”. I don’t think he ever said “always tell the truth” or “don’t bed your friend’s wife,” etc, which would be obvious grounds to accuse him of hypocrisy. He might have trespassed conventional norms of behavior, but those norms are ours, not his. As a highly creative and observant person, K was bound to do things many would not understand, or find immoral, but again, that might be more due to our own shortcomings than his.

Now, if one sees his live as more important than his teachings, and instead of measuring his live by the content of his teachings, one could try to assess if his teachings are an expression of his life. Here I can see three possible perspectives from which to answer that question, which will be elaborated below: Either a) we see K’s life as he wanted us to see it, or b) see his life from a sympathetic Theosophical view, or c) from a critical Theosophical point of view, as I laid these out above.

a). In the first case it could be argued that his life is lived on such a high, subtle, virtuous and trans-rational level, that whatever he teaches, his verbal expressions will never really express what he really wants to express, though he can get very close. And, as he keeps trying and trying, he is bound to make an excusable mistake or two here and there. And as his teachings are on a lesser level than his life, you can not throw those teachings back into his face, as he would say himself. And, as far as some of his questionable behavior is concerned, one could make a similar defense by making the case that, as his actions come from his seeing, and we do not see how he sees, we can hardly criticize him. And even if he would make a mistake, we should give him some leeway for such, for he keeps experimenting for the sake of truth and humanity and is therefore bound to make some mistakes. In short, there is enough material in K’s life, and enough arguments shaped by his teachings, to construe K such that he is indeed the almost infallible enlightened world teacher as many believe him to be.

b). In the second case we enter into the thought realm of thinkers like Radha Burnier, Aryel Sanat, Jean Overton Fuller and Peter Michel, all of whom are sympathetic to K and try to see him also from an esoteric perspective. The only one having some doubts about K is Michel for he is aware of the Scott and Anrias perspective, which I analyzed in my review of his book on K.xli

Anyway, the crux of the matter is that they see K’s life as intimately bound with his teachers, the Theosophical Masters of Wisdom, and his teachings as, at least, sanctioned and possibly suggested and even formulated, by them. Seen in this way his life is that of an Avatar bringing a new and superior message. And the new teaching is superior to Theosophy, which might therefore be legitimately abandoned here and there. There are of course some other interesting strategies deployed to reconcile their esoteric perspective with K’s criticisms of the same. In short, his life has a transcendental dimension few of us are aware of, and his teachings are better understood if that dimension is taken into account.

c). The last perspective, the one I thought was correct anno 2005, is seeing K’s life in the perspective of his, first attempted, then failed and then pretended, messiah-ship, fueled by a subtle spiritual and intellectual pride he never overcame. In this critical perspective I stated somewhat dramatically that “K’s teachings are one long continuous justification of that one fateful decision he made” of “non-acceptance of the failure of the Project and his decision to carry it out anyway.” I think it is this perspective that will be able to reconcile the many contradictions and mysteries in his life and teachings and see both as being in ‘harmony,’ for both are terribly flawed. In short, one could say that K did live his teachings and his teachings do reflect his life, but not in the way most of his Theosophical and non-Theosophical followers would like to see.

Postscript Anno 2019

A few years later, in 2008, I started having doubts about the Theosophical worldview itself. This doubt was set in motion by a deeper investigation of the life and teachings of the founder of Theosophy Helena Blavatsky, which investigation itself was caused by my intensified engagement with Theosophy and my need to figure out some of its basic assumptions. In the years 2008 and 2010 I volunteered at the Theosophical retreat camp Far Horizons in the Sequoia National park after which I lived for more than a year at the Theosophical Society in America headquarters where I conducted some classes on esoteric history and had the time to write a large article engaging Jean Overton Fuller on the issue of the Scott & Anrias writings, the research for which focused on one of the Masters by the name of Narayan.xlii The article was written again as objective and neutral as possible, though I did make the case that both Mrs. Fuller and myself should still divulge, as a matter of fairness to our readers, our respective metaphysical positions as such would inevitably give some coloring to our writings.

In that spirit I wrote a little article telling my story of how the Scott and Anrias material came into my life and what radical changes that caused.xliii I do not want to burden this article with my mind’s gyrations, but my readings resulted in a very skeptical position towards Blavatsky and her Theosophy. What I learned was that from the very start of Blavatsky’s appearance as a major writer in the genre of Western esotericism many journalists, academics and fellow esotericists were skeptical of her and wrote many an article, report or book challenging her veracity. Arguably this string of challenges to Theosophy culminated in Marion Meade’s 1980 Madame Blavatsky: The Woman behind the Myth, which is a bit flawed biography bringing together a wealth of sources, which have to be studied and evaluated by themselves.xliv

My engagement with the primary sources triggered a second crisis of faith resulting in the crumbling of my belief in the whole esoteric-occult edifice build up in the last four or five hundred years in and by the spiritual stream of Western Esotericism, as academics call it, including the ideas by Scott and Anrias which were so important in my critical view of K.

What gradually filled the vacuum, and also actively pushed Theosophy out, could be blamed, if I may simplify the process a bit, on the following three books, each of which are anchored in a more naturalist, evolutionary view of life: Richard Dawkins’ The Selfish Gene, Julian Jaynes’ The Origin of Consciousness and Into the Flow by Dorion Sagal and Eric Schneider. It is not the intention in this article to work out their thoughts (including many others’) in their mutual coherence, but I made a start in an article about Jaynes in which I also found room for a new appreciation for K as a very secular ‘enlightened’ being with a profound, challenging, this-worldly message shorn of any esoteric or transcendental elements.xlv

Of course I had to reassess my previous views and writings on K and had to decide whether to throw them away and delete the portions on my web site inspired by them. In the end I decided to leave it all intact, idiosyncrasies and all, and start with a new platform dedicated to “Critical History” with a link to the ‘old Alpheus’, where you can find all that former, esoteric material dedicated to “Esoteric History” and my critical Theosophical view of K.xlvi

In conclusion, I believe now that there was never a transcendental cause working in K’s background, and that, even if the grand Project was based on either false believes or an intentional experiment, K came out of this as a truly transformed human being opening vast possibilities for others to also experiment with, though with caution. As far as my own positions regarding K developed, I went from being a K purist with some sympathy for Theosophy, to a Theosophical view very critical of K, to now a secular, sympathetic view of him, though not without some philosophical criticism of his teachings

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Schuller, Govert. 1997a. Krishnamurti and the World Teacher Project: Some Theosophical Perceptions. Theosophical History Journal, Occasional Paper V.

——-. 1997b. “Krishnamurti: An Esoteric View of his Teachings“. Alpheus, 1997.

——-. 1997c. “The Masters and Their Emissaries: From H.P.B. to Guru Ma and Beyond”. Alpheus, 1997, 2nd edition 1999.

——-. 1998. Response to Mrs. Fuller. March. 1998. Alpheus.

——-. 2004a. “Theosophy and Krishnamurti: Harmonies and Tensions”. Lecture at The Theosophical Society in America. Wheaton, IL: TSA. [Audiofile forthcoming] [Handout]

——-. 2004b. “Comparison between Theosophy and Krishnamurti“. Double Column Comparison with Footnotes. Alpheus, 2005.

——-. 2005a. “The Relevance of Phenomenology for Theosophy“. Alpheus, April 2005.

——-. 2005b. “Krishnamurti Discussion: Exchange of e-mails between Anonymous and Govert Schuller in November 2005″. Alpheus, November 2005.

——-. 2008a. “Jean Overton Fuller, Master Narayan and the Krishnamurti-Scott-Anrias Issue“. Theosophical History Journal, 14/1 & 2 (January-April 2008; Double issue):11-46.

——-. 2008b. “The Scott and Anrias Material in my own Historical Situatedness“. Alpheus, January 2008.

——-. 2010. “Review of Peter Michel’s Krishnamurti: Love and Freedom“. Alpheus, 3 Feb 2010.

——-. 2014. “The Jaynesian Paradigm and Beyond“. Alpheus, January 2014.

——-. 2015a. “By Way of Husserl: A Phenomenology of Duchampian Art“. Term Paper; Art History 454; Spring 2014; The Duchamp Effect; Prof. Barbara Jaffee; NIU, DeKalb, IL. Alpheus, February 2015.

——-. 2015b. “The Inner Life of Krishnamurti“. Letter to the editor of Quest magazine, Winter 2015. Alpheus, December 2015.

——-. 2019a. “Theosophy and Krishnamurti: Harmonies and Tensions“. Text based on 2004 lecture at the Theosophical Society in America. Alpheus, 2019. [Forthcoming]

——-. 2019b. “Gradiance: The Mother of all Reductions”. Alpheus. [Forthcoming]

——-. 2020. The Possibility Conditions of Narrative Identity. Masters by Research in European Philosophy; Dissertation; University of Wales [Forthcoming].

Scott, Cyril. 1932. The Initiate in the Dark Cycle. London: Routledge. Published anonymously under the authorship of “His Pupil”. [For more information and excerpts see Dossier]

Sender, Pablo. 2004. “Krishnamurti’s Teachings and Theosophy“. The Theosophist, 126/2: 93-100.

Thakar, Vimala. 1966. On an Eternal Voyage. Hilversum, Netherlands: E.A.M. Frankena-Geraets.

van der Leeuw, Jacobus Johannes. 1930. “Revelation or Realization: The Conflict in Theosophy”. Amsterdam: Theosofische Vereeniging Uitgevers Maatschappij.

Vedaparayana, G. 2003. “The Conditioned and the Unconditioned Mind: J. Krishnamurti’s Perspective.” Indian Philosophical Quarterly, 30/4: 525-552.

Endnotes

i Schuller, 1997a: 1-2.

ii Schuller, 1997b & Schuller, 1997c.

iii The original presentation of the e-mail exchange is in “Krishnamurti Discussion“.

iv or more details see my letter to the editor of Quest magazine “The Inner Life of Krishnamurti“.

v See “The Relevance of Phenomenology for Theosophy“, especially the section on Krishnamurti.

vi See “By Way of Husserl: A Phenomenology of Duchampian Art“.

vii See The Possibility Conditions of Narrative Identity . (Forthcoming)

viii For an autobiographical article addressing this event see Schuller 2008b.

ix See the section “Elizabeth Clare Prophet” in Schuller, 1997a, 15-16.

x The class was preceded by a public lecture by Prof. Kisiel, “The Future of Being: Is Heidegger Its Prophet?”

xi Besides this list I composed another one at the end of my on-line introduction to K.

xii Lutyens, 1976, chapter 10 “Doubts and Difficulties”, chapter 14 “Critical and Rebellious”, 111-2, 138-9.

xiii Idem, 147, Chapter 18 “The Turning Point”.

xiv Idem, 152. Italics in original.

xv Idem, 152, 158.

xvi Idem, 166.

xvii Idem, 166, 175, 176, 177, 188.

xviii Idem, 186.

xix Idem, 220.

xx See for example “Twin Flames and Soul Mates“.

xxi Lutyens, 1976: 223.

xxii Idem, 247.

xxiii Idem, 249.

xxivKrishnamurti’s Notebook, 11-12.

xxv Lutyens, 1983: 237-8.

xxvi For this phenomenological interpretation of Krishnamurti’s experiences and teachings see Fouéré, n.d.; Agrawal, 1991a & 1991b; Gunturu,1998; Vedaparayana, 2003; and Schuller, 2005a;

xxvii Anrias, 1932: 66.

xxviii This line of thought was developed by Geoffrey Hodson. See Robertson MS, summarized in Schuller, 1997a: 11-13.

xxix To the many Theosophists mentioned in my 1997 paper I would now add C. Jinarajadasa (1930), J.J. van der Leeuw (1930), Bill Keidan (2000), Pablo Sender (2004) and Pedro Oliveira (2008).

xxx My discussion with Fuller spanned over more than a decade. In chronological order the relevant documents are: Schuller, 1997a; Fuller, 1997; Schuller, 1998; Fuller, 1998 & 2003; Schuller, 2009.

xxxi For the complexities involved see my “Review of Peter Michel’s Krishnamurti: Love and Freedom“.

xxxii Found in J. Krishnamurti, 1972, Early Talks IV, Bombay: Chetena, p. 100. Second talk at Eddington, Pennsylvania, 14 June 1936. Michel (1997: n139, 193) and I (2010) used the quote.

xxxiii Many of the quotes used in this document were found in Herzberger, 1995.

xxxiv London, 16 Oct 1949, Q7 in The Collected Works of J. Krishnamurti, Vol. 5: p. 354.

xxxv Adyar, 1 Jan 1934, Q2 in The Collected Works of J. Krishnamurti, Vol. 1: p. 172.

xxxvi See Schuller, 2019b, “Theosophy and Krishnamurti: Harmonies and Tensions”.

xxxvii Pulled from different sources by Herzberger, 1995.

xxxviii Johnson, Dominique, 2017.

xxxix See Sender, 2004, “Krishnamurti’s Teachings and Theosophy“.

xl Sanat, 1999: 26, 30-1, 141, 255-70.

xli Idem.

xlii Schuller, 2008a.

xliii Schuller, 2008b.

xliv Meade’s study was written in 1980 therefore did not include the work by K. Paul Johnson (1990, 1994, 1995) and his hypothesis that HPB’s Masters were fictionalized characters based on real-life persons who HPB had met or knew about. How Theosophy might have been cobbled together see Hanegraaff (1998) and Hammer (2004). A good project would be to collect all the studies critical of HPB and the ones responding to those in one bibliography.

xlv. See “The Jaynesian Paradigm and Beyond“. The Schneider & Sagan book is about thermodynamics and entropy and how the evolutionary process could be explained by that basic law of energy behavior. I named their hypothesis the ‘mother of all reductions’ and have an explanatory article titled “Gradiance: The Mother of all Reductions“.

xlvi. Old Alpheus: Site for Esoteric History.

On Money: The Libra versus Sovereignty

A US-based progressive monthly, The Nation, just published an article about the Libra by MMT enthusiast Rohan Grey, titled:

“Facebook Wants Its Own Currency. That Should Scare Us All. Instead of embracing Facebook’s Libra, we should be rallying for a public option for digital currency.”

This is an interesting article and deserves close scrutiny for several reasons. First of all it sounds the alarm about this proposal by a group of transnational corporations led by Facebook to capture the privilege of issuing currency at the expense of sovereign, public institutions. For Democrats, he observes,

. . . the core issue is the ever-greater concentration of economic power in the hands of private actors who lack any meaningful commitment to democratic values.

Secondly, and as a direct effect of this concern, citizens will have to think seriously about what money is; where it comes from; the advantages and disadvantages of the current system; and what reforms are possible and needed to prevent a wholesale kidnapping of our money system.

For better or worse, Libra has brought monetary reform to the forefront of our collective consciousness, and made it impossible to ignore.

The third point is the author’s own extensive list of possible changes, which is blind to the most obvious solution. He commendably mentions bank accounts at postal banks to service the un- and under-banked, and the introduction of digital cash. But, while he refers to the Bank of England’s seminal 2014 paper on how commercial banks create most of our money supply, he merely proposes to regulate that practice and not bring it back under democratic control. He ignores the solution presented by sovereign money advocates who are actively fighting for returning money to democratic control.

The fourth point is that the author of this article, Rohan Grey, is highly sympathetic to modern monetary theory (MMT), which is an amalgamation of economic theories and incorrect assertions. For sovereign monetary reformers, a very curious aspect of MMT is that it correctly embraces the credit theory of money creation, i.e. banks create 90-95% of what we use as money through extending loans, but it is strangely oblivious to the disastrous effects and possible remedies of that privatized money creation system. This MMT sympathy would explain why the author is in favor of digital cash but not necessarily of nationalizing the money supply, which would remove the current privilege of private commercial banks to create our money supply.

We are in agreement with MMT’s opposition to a corporate owned and controlled money system such as Libra and will work with them to oppose this development and promote public digital cash. However, we strongly disagree with MMT’s desire to keep the existing privately-created debt-money supply intact, because it is dysfunctional. Leaving the current money system in place and supplementing it with some changes in banking does not solve the deeper systemic problems of inequality, injustice, and an unsustainable economy. Upgrading from privately created debt-money to publicly created asset money is the best long-term solution. Why does MMT ignore this solution?

The author closes the article with arguably the best observation made on the Libra.

Libra, then, represents the preemptive privatization of a global public monetary layer that does not yet exist: a neoliberal corporatist’s wet dream.

An Intermediary, Weighted List of Best Studies

Introduction

This is an intermediary, weighted bibliography of best studies in monetary theory and reform.  It is based on the opinion of a group of experts and is meant for advanced students ready for in-depth studies. 

The list is composed of about 65 items split into 1) a TOP 15 of studies receiving the highest scores with the widest consensus, and 2) a list of ca. 50 items receiving overall high scores and  wide consensus. 

Most links are connected to full texts. In the case of books you will be directed to Amazon. 

TOP 15 

Douglas, Paul H.& Fisher, Irving et al. 1939. A Program for Monetary Reform. MS.

Dyson, Ben & Graham Hodgson & Frank van Lerven. 2016. “Sovereign Money: An Introduction”. London: Positive Money.

Jackson, Andrew & Dyson, Ben. 2012. “Modernising Money: Why Our Monetary System is Broken and How it Can be Fixed“. London: Positive Money.

Fisher, Irving. 1935. 100% Money. New York: The Adelphi Company. Republished in: 1997. Works Vol. 11, ed. and introduced by William J. Barber. London: Pickering & Chatto.

Huber, Joseph & Robertson, James. 2000. Creating New Money: A Monetary Reform for the Information Age. London: New Economics Foundation.

Jakab, Zoltan & Kumhof, Michael. 2015, “Banks are Not Intermediaries of Loanable Funds – And Why This Matters”. Bank of England Working Paper No. 529. (May 29, 2015).

Kumhof, Michael & Benes, Jaromir. 2012. “The Chicago Plan Revisited“. IMF Working Papers 12/202. Washington: International Monetary Fund.

Lainà, Patrizio. 2015. “Proposals for Full-Reserve Banking: A Historical Survey from David Ricardo to Martin Wolf”. Economic Thought, 4/2: 1-19.

Phillips, Ronnie J. 1992. “The ‘Chicago Plan’ and New Deal Banking Reform”. The Jerome Levy Economics Institute, Working Paper No. 76, June 1992. Also in: Papadimitriou, Dimitris (Ed.), Stability in the Financial System, London Palgrave Macmillan. 94-114.

Ryan-Collins, Josh & Greenham, Tony & Werner, Richard & Jackson, Andrew. 2012. Where Does Money Come From? A Guide to the UK Monetary and Banking System. London: New Economics Foundation.

Sigurjonsson, Frosti. 2015. “Monetary Reform: A Better Monetary System for Iceland“. A Report Commissioned by the Prime Minister of Iceland. March 2015. Foreword by Aidar Turner. Rekjavik, Iceland.

Van Egmond, Nicolas D. & de Vries, Bert J.M. 2016. “Dynamics of a Sustainable Financial-Economic System”. Sustainable Finance Lab Working Paper. Utrecht University, The Netherlands.

Yamaguchi, Kaoru. 2010. “On the Liquidation of Government Debt under A Debtfree Money System: Modeling the American Monetary Act”. In Proceedings of the 28th International Conference of the System Dynamics Society, Seoul, Korea, 2010. The System Dynamics Society.

Yamaguchi, Kaoru. 2012. “On the Monetary and Financial Stability under A Public Money System (Revised): Modeling the American Monetary Act Simplified”. Paper presented at the 8th Annual AMI Monetary Reform Conference in Chicago, USA, Sept. 20 – 23, 2012.

Zarlenga, Stephen. 2002. The Lost Science of Money: The Mythology of Money – the Story of Power. Valatie, NY: American Monetary Institute.

Second Tier

Aliber, Robert Z. & Kindleberger, Charles P. 2015 (1978). Manias, Panics, and Crashes. A History of Financial Crises. 7th edition. New York: Basic Books.

Bjerg, Ole. 2014. Making Money: The Philosophy of Crisis Capitalism. London & New York: Verso.

Di Muzio, Tim & Robbins, Richard. 2016a. Debt as Power: Theory for a Global Age. Manchester, UK: Manchester UP.

Di Muzio, Tim & Robbins, Richard. 2017. An Anthropology of Money: A Critical Introduction. London: Routledge.

Dittmer, Kristofer. 2015. “100 Percent Reserve Banking: A Critical Review of Green Perspectives”. Ecological Economics, 109: 9–16.

Dyson, Ben & Tony Greenham & Josh Ryan-Collins & Richard A. Werner. 2010. “Towards a Twenty-First Century Banking and Monetary System”. Submission to the Independent Commission on Banking, 2010.

Ferguson, Niall. 2008. The Ascent of Money. A Financial History of the World. London & New York: Allen Lane.

Fisher, Irving. 1933. “The Debt-Deflation Theory of Great Depressions”. Econometrica, 1/4: 337–57.

Fisher, Irving. 2009 (1936). “100% Money and the Public Debt”. Economic Forum (Spring 1936): 406-420.

Galbraith, John Kenneth. 1975. Money. Whence it Came, Where it Went. New York: Houghton Mifflin.

Graeber, David. 2012. Debt. The First 5,000 Years. New York: Melville House Publishing.

Graziani, A. 2003. The Monetary Theory of Production. Cambridge, UK: Cambridge University Press.

Hixson, William F. 1993. Triumph of the Bankers: Money and Banking in the Eighteenth and Nineteenth Centuries in America. Westport, CT & London: Praeger.

Huber, Joseph. 2013. “Modern Money and Sovereign Currency”. Sovereign Money: Website for New Currency Theory and Monetary Reform.

Huber, Joseph. 2015. “The Chicago Plan (100% Reserve) and Plain Sovereign Money”. Sovereign Money: Website for New Currency Theory and Monetary Reform.

Huber, Joseph. 2017. Sovereign Money. Beyond Reserve Banking. London: Palgrave Macmillan.

Huber, Joseph. 2017. “Split-Circuit Reserve Banking: Functioning, Dysfunctions and Future Perspectives”. Sovereign Money: Website for New Currency Theory and Monetary Reform. Jan 2017. And in: Real-World Economics Review, 80 (26 june 2017): 63-84.

Huber, Joseph. n.d. “Currency and Banking Teachings. A frame of Reference of Lasting Relevance to Modern Money Systems”. Sovereign Money: Website for New Currency Theory and Monetary Reform.

Ingham, Geoffrey. 2004. “The Emergence of Capitalist Credit Money“. In L. Randall Wray (Ed.), Credit and State Theories of Money: The Contributions of A. Mitchell Innes. Edward Elgar. 173-223.

Jackson, Andrew & Dyson, Ben. 2013. “Sovereign Money: Paving the Way for a Sustainable Recovery”. London: Positive Money.

Jakab, Zoltan& Kumhof, Michael. 2014. “Models of Banking: Loanable Funds or Loans that create Funds?“. Supplementary Material for the Paper.

Jakab, Zoltan & Kumhof, Michael. 2018. “Banks are not Intermediaries of Loanable Funds: Facts, Theory and Evidence“. Bank of England, Staff Working Paper No. 761, October 2018.

Kennedy, Margrit & Kennedy, Declan. 1995. Interest and Inflation Free Money: Creating an Exchange Medium That Works for Everyone and Protects the Earth. Philadelphia: New Society Publishers.

Kindleberger, Charles P. 1993. A Financial History of Western Europe. Oxford & New York: Oxford UP.

Kumhof, Michael & Jakab, Zoltán. 2016. “The Truth about Banks”. Finance and Development. IMF Publication (March 2016).

Lainà, Patrizio. 2015b. “Money Creation under Full-reserve Banking: A Stock-flow Consistent Model”. Working Paper No. 851. Levy Economics Institute.

Lietaer, Bernard et al. 2012. Money and Sustainability. The Missing Link. Axminster: Triarchy Press

McLeay, Michael & Radia, Amar & Thomas, Ryland. 2014. Money Creation in the Modern Economy. Bank of England Quarterly Bulletin, 2014 Q1, 14–27.

Mitchell-Innes, Alfred. 1913. “What is Money?” The Banking Law Journal, 30/5: 377–408. Reprinted in L. Randall Wray (Ed.), Credit and State Theories of Money: The Contributions of A. Mitchell Innes. Edward Elgar, 14–49.

Natelson, Robert G. 2008. “Paper Money and the Original Understanding of the Coinage Clause“. Harvard Journal of Law & Public Policy, 31 (2008): 1017-81.

Nuri, Vladimir Z. 2002. “Fractional Reserve Banking as Economic Parasitism“. 
Economics Working Paper Archive.

Phillips, Ronnie J. 2015 (1994).The Chicago Plan & New Deal Banking Reform. Oxon, UK & New York, NY: Routledge.

Ravn, Ib. 2015. “Explaining Money Creation by Commercial Banks: Five Analogies for Public Education“. Real-World Economics Review, 71: 92-111.

Rowbotham, Michael. 1998. The Grip of Death a Study of Modern Money, Debt Slavery, and Destructive Economics. Charbury, UK: John Carpenter.

Svanbjörn, Thoroddsen & Sigurjónsson, Sigurvin B. 2016. “Money Issuance: Alternative Monetary Systems”. A report commissioned by the Icelandic Prime Minister’s Office. KPMG, Iceland.

Turner, Aidar. 2015. “The Case for Monetary Finance – An Essentially Political Issue”. Paper presented at the 16th Jacques Polak Annual Research Conference hosted by the IMF, Washington, D.C.

van Lerven, Frank & Dyson, Ben & Hodgson, Graham. 2015. “Would there be Enough Credit in a Sovereign Money System?”. London, Positive Money.

Werner, Richard A. 2012. “How to Turn Banks into Financial Intermediaries and Restore Money Creation and Allocation Powers to the State”. University of Southampton, Center for Banking, Finance and Sustainable Development, Policy Discussion Paper, No. 3-12 (8 Nov 2012): 2-9.

Werner, Richard A. 2014. “Can Banks Individually Create Money out of Nothing? The Theories and the Empirical Evidence”. International Review of Financial Analysis, 36 (2014): 1–19.

Werner, Richard A. 2014. “How do banks create money, and why can other firms not do the same? An explanation for the coexistence of lending and deposit-taking”. International Review of Financial Analysis, 36 (2014): 71–77.

Werner, Richard A. 2016. “A lost century in economics: Three theories of banking and the conclusive evidence”. International Review of Financial Analysis, 46 (July 2016): 361-379.

Yamaguchi, Kaoru. 2014-17. “Money and Macroeconomic Dynamics: Accounting System Dynamics Approach“. Edition 3.2. Awaji Island, Japan: Japan Future Research Center.

Zarlenga, Stephen. 2005. “The 1930s Chicago Plan and the 2005 American Monetary Act“. Valatie, NY: American Monetary Institute.

Zarlenga, Stephen. 2009 (2006). “Presenting the American Monetary Act”. Valatie, NY: American Monetary Institute.

Zarlenga, Stephen. 2009. “The Need for Monetary Reform“. Valatie, NY: American Monetary Institute.

Additions to Bibliography July 2019

This is a list with bibliographic additions to the extensive bibliography, alphabetized and categorized under Academic Sources, MMT Issue, Advocacy,  Supporting Studies, Articles, Videos and Background Studies.

Academic Sources

Brunner, Karl.1966. “The Role of Money and Monetary Policy“. Federal Reserve Bank. Research Department. Also in: Review, Federal Reserve Bank of St. Louis, 50 (July): 8-24. 

Dutraive, Véronique & Théret, Bruno. 2017. “Two Models of the Relationship between Money and Sovereignty: An Interpretation Based on John R. Commons’s Institutionalism”. Journal of Economic Issues, 51/1: 27-44.

Etzrodt, Christian. 2018a. “Modern Sovereign Money—Part I: The Moral Hazard of Fractional Reserve Banking“. Open Journal of Social Sciences, 6/9: 101-115. 

Etzrodt, Christian. 2018b. “Modern Sovereign Money—Part II: A Synthesis of the Chicago Plan, Sovereign Money, and the Modern Money Theory“. Open Journal of Social Sciences, 6/9: 116-135. 

European Central Bank. 2015. “What is Money“. European Central Bank, 24 Nov 2015. 

Goodhart, Charles A. E. 1989. Money, Information and Uncertainty, 2nd edition. London: Macmillan.

Goodhart, Charles A. E. 1989. “Has Moore become too Horizontal?” Journal of Post-Keynesian Economics, 14 (Fall): 134–6.

Jakab, Zoltan, and Michael Kumhof. 2018. “Banks are not intermediaries of loanable funds—facts, theory and evidence“. Bank of England Working Paper No. 761, 26 Oct 2018. 

Kydland, Finn E. & Prescott, Edward C. 1990. “Business Cycles: Real Facts and a Monetary Myth.” Federal Reserve Bank of Minneapolis. Quarterly Review, 14/2: 3-18. Also in: Hartley, James, Kevin Hoover, and Kevin D. Salyer. Real Business Cycles: A Reader, Routledge, 2013. 383-398. 

Lee, Kang-Soek, and Richard A. Werner. 2018. “Reconsidering Monetary Policy: An Empirical Examination of the Relationship between Interest Rates and Nominal GDP Growth in the US, UK, Germany and Japan“. Ecological Economics, 146: 26-34. 

Minsky, H.P. 1977. “The Financial Instability Hypothesis: an Interpretation of Keynes and an Alternative to Standard Theory”. Nebraska Journal of Economics and Business, 16/1: 5-16.

Moore, Basil J. 1979. “The Endogenous Money Stock”. Journal of Post Keynesian Economics, 2/1: 49-70.

Moore, Basil J. 1988. “The Endogenous Money Supply”. Journal of Post Keynesian Economics, 10/3: 372-385.

Palley, Thomas I. 2013. “Horizontalists, Verticalists, and Structuralists: The Theory of Endogenous Money Reassessed“. Review of Keynesian Economics, 1/4: 406-424. 

Werner, Richard A.. 2018. “Interest Rate Moves – Causes and Consequences for Investors“. PowerPoint Presentation, Hook, UK, 1 Feb 2018. 

WRR. 2019. Money and Debt: The Public Role of Banks – Summary of WRR Report. The Hague: Netherlands Scientific Council for Government Policy. 

Yamaguchi, Kaoru, Ph.D. & Yamaguchi, Yokei. 2016. “Head and Tail of Money Creation and its System Design Failures: Toward the Alternative System Design“. JFRC Working Paper No. 01-2016. Japan Futures research Center. 

MMT Articles

Contra

Fiebiger, Brett. 2012. “Modern Money Theory and the ‘Real-World’ Accounting of 1-1<0: The U.S. Treasury Does Not Spend as per a Bank“. In Fiebiger, Brett et al. 2012. “Modern Monetary Theory: A Debate”.

Fiebiger, Brett. 2012. “A Rejoinder to ‘Modern Money Theory: A Response to Critics’ ”. In Fiebiger, Brett et al. 2012. “Modern Monetary Theory: A Debate”.

Lonergan, Eric. 2016. “Debt-Free Money: A Brief Reply to Randall Wray“. London, Positive Money. 

Lonergan, Eric. 2016. “Accounting as Religion: Buffett, Derrida, and MMT“. London, Positive Money. 

PRO

Carter, Zach. 2018. “Stephanie Kelton Has The Biggest Idea In Washington“. HuffPost, 5 May 2018. 

Fiebiger, Brett & Fullwiler, Scott T. & Bell, Stephanie & Wray, L. Randall. 2012. “Modern Monetary Theory: A Debate“. Political Economy Research Institute Working Paper 279, University of Massachusettes Amherst. 

Fullwiler, Scott T. 2010. “Modern monetary theory-a primer on the operational realities of the monetary system“. Available at SSRN 1723198. 

Kelton, Stephanie & Andres Bernal & Greg Carlock, 2018. “We Can Pay For A Green New Deal“. HuffPost, 30 Nov 2018.

Advocacy

Bongiovanni, Joe. 2016. “That’s Not The Devil, That’s Real Money“. Econintersect, 8 Feb 2016. 

Bongiovanni, Joe. 2016. “Further Considerations On Lord Turner’s Monetary Finance Proposal“. Econintersect, 3 April 2016. 

Emry, Sheldon. 1984. “Billions for Bankers–Debts for the People“. Lord’s Convenent Church. 

Supporting Studies

Chossudovsky, Michel & Marshall, Andrew G. (Eds.). 2010. The Global Economic Crisis: The Great Depression of the XXI Century. Montreal: Global Research. 

Guttmann, R. 1994. How Credit-Money Shapes the Economy: The United States in a Global System. Armonk, NY & London, UK: E.M. Sharpe.

Verhagen, Frans C. 2012. The Tierra Solution: Resolving Climate Change Through Monetary Transformation. New York: Cosimo Books.

Articles

Keen, Steve. 2015. “Nobody Understands Debt — Including Paul Krugman“. Forbes, 10 Feb 2015. 

Videos

Anon. 2012. “Where does money come from? Waar komt geld vandaan? Var kommer pengarna ifrån?” Vastgoedzeepbel, 21 Nov 2012. Video file. 

Klein, Manuel et al. 2018. “The Future of Money: 10 years after Lehman and Nakamoto“. 24 Nov 2018. Conference videos and papers. Berlin, Germany: Monetative. 

Kumhof, Micheal. 2013. “The Chicago Plan Revisited“. London School of Economics and Political Science (LSE). 22 Nov 2013. 

Orrrefur, Samuel K. et al (Eds.). 2019. “The Future of Money: Central Bank Digital Currency and Beyond“. 15 June 2019. Conference videos. Stockholm: Positiva Pengar. 

Oswald, Michael. 2012. “97% Owned – Economic Truth documentary – How is Money Created“. Patreon.

Background studies

Goodchild, Philip. 2009. Theology of Money. Durham, SC: Duke University Press.

Hollis, Christopher. 1935. The Two Nations: A Financial Study of English History. London: George Routledge & Sons.

Robbins, Richard H. & Dowty, Rachel. 2008 (1999). Global Problems and the Culture of Capitalism. 7th Edition. New York: Pearson/Allyn & Bacon.

Vilar, Pierre. 2011 (1976). History of Gold and Money: 1450-1920. London: Verso.

Global Problems and the Culture of Capitalism

 

Introduction

In 2011 I took a sociology class on global social problems. Three texts were required and one of them, Global Problems and the Culture of Capitalism by Richard Robbins, stood out in several ways. The book was very rich in information with many on-the-ground narratives. It had a simple but effective overarching theory; it addressed the issue of money creation, something I was already familiar with through Stephen Zarlenga and the American Monetary Institute. And it offered many interesting references I wanted, and did, pursue.

Of all the textbooks on economics, political science, history and sociology, this one counts for me as one of the best and most impactful ones during my crawl through college. And I am certainly not alone in assessing the book’s value. Though originally written in 1999 it went through seven editions, the latest in 2018, and has been translated into Polish, Korean, Chinese and Arab.

Tim Di Muzio

Now, many years later I dug into the work by the Canadian academic Tim Di Muzio and especially liked his book Debt as Power in which the destructive impact of the our debt-money capitalist regime is systemically addressed. There was a co-author involved. Last week we hosted Di Muzio on our Monetary Coffee House meeting and he shared that his foray into debt-money had more or less started with reading a book on global problems and that he had contacted its author.

A few hours later, while composing an e-mail about the sources mentioned in our meeting, did it dawn on my thick skull that the book Di Muzio referred to was Global Problems, the very same I had studied, and that its author Richard Robbins was also his co-author of Debt as Power! This put the book in a new light and I pulled out my old, underlined and annotated copy of Global Problems to give some passages another read.

Money

One of the foundational sections in the book is titled “A Primer on Money: The Philosopher’s Stone”. On Amazon you can read it as part of the “Look inside” feature on pages 4 to 11. Around page 100 (depending on the edition) one can read the basic idea reiterated:

We generally assume that governments create money by printing it. And, in fact, when money was linked to gold, there was a limit on how much could be printed. However, with the lifting of these restrictions, most money is now created by banks and other lending institutions through debt. We generally assume, also, that the money that banks lend is money that others have deposited.

However, that is not the case; only a fraction of the money that banks lend needs to be in deposits. In effect, whenever a bank lends money, or whenever a product or service is purchased on credit, money has been created. In effect, then, there is virtually no limit on the amount of money that lending institutions can create; furthermore, the interest on the loan payments creates yet more money. Economists call this debt money (Rowbotham 1998:5), or credit money (Guttmann 1994).

Though some parts of this quote could be calibrated for accuracy, the basic theory is there. Most of what we use as money is debt-money created by banks when they extend loans. 

Forced Money Growth

The main thrust of the textbook is to provide empirical flesh to the following, skeletal mechanism. When banks create loans and charge interest, they do not create the money to pay off the interest. This pushes the system into finding ways to grow the money supply by making ever more loans extended to consumers and businesses. And they need to find ever more ingenious ways to create or find things and services to be sold.

In other words, the money supply must grow if the economy is to remain healthy, and for the money supply to grow there must be a steady increase in the things or services that money can buy (4th edition, p. 11).

To keep the system going, Robbins argues,

. . . there must be a constant conversion of things that have no money value into things that do–that is, there must be constant commodification.

And the maintenance and global spread of this impetus is not without problems. On the contrary, Robbins argues that many if not most global problems can be traced back to the blind and iron logic of perpetual growth and commodification. But that is not something necessarily acknowledged by its beneficiaries living in the privileged zones at the core of the world-system.

Robbins challenges this blind spot and actually in the third part of the book addresses the resistance and rebellion against the culture of capitalism by workers, feminists, ecologists, minorities, indigenous people and other citizen-activists engaging in “antisystemic protest”.  

Solutions

As far as solutions to this impetus is concerned Robbins discusses a wide spectrum of possibilities. And the ones relevant to monetary reform are the reassessment of  perpetual economic growth as an index of a nation’s well-being and look for alternative indices and goals. And, more explicitly, Robbins sees “Zero Economic Growth” as a valid prospect and agrees with David Korten’s proposal to:

Make the creation of national currencies a public function, rather than allowing banks and other financial institutions to increase the money supply through debt (405).

This is also what the Alliance for Just Money proposes in its promotion of the NEED Act, which boils down to the following three basic and interconnected fundamental changes:

1. Require Congress to exercise its Constitutional power to be the sole creator of all U.S. money, issued debt-free, and to establish a transparent and independent public monetary authority to determine the amount of new money the Treasury will disperse under authority of Congress.

2. End the privilege of commercial banks to create and issue what we use as money.

3. Transfer ownership of the 12 Federal Reserve Banks, and all remaining operations of the Federal Reserve System, to the U.S. Treasury. 

In closing I like to reiterate that Robbins’ Global Problems and the Culture of Capitalism is a great starting point to study the connection between debt-money and global problems.  Also that the books co-authored with Di Muzio will only deepen the understanding of this connective tissue and add to the motivation towards, and see the possibilities of, structural reform.

Stay tuned for more from Richard Robbins and Tim Di Muzio.

Sources

Robbins, Richard & Rachel Dowty. 2018 (1999). Global Problems and the Culture of Capitalism (Seventh Edition). New York: Pearson/Allyn & Bacon.

Di Muzio, Tim & Robbins, Richard. 2016a. Debt as Power: Theory for a Global Age. Manchester, UK: Manchester U.P.

Di Muzio, Tim & Robbins, Richard. 2017. An Anthropology of Money: A Critical Introduction. London: Routledge.

Guttmann, Robert. 1994. How Credit-Money Shapes the Economy: The United States in a Global System. London: M. E. Sharpe.

Rowbotham, Michael. 1998. The Grip of Death: A Study of Modern Money, Debt Slavery and Destructive Economics. Charlbury, Oxfordshire: Jon Carpenter.