The destruction of imagination
“What one does is what counts. Not what one had the intention of doing.” ―
- intention replaced imagination.
"The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called ‘value in use;’ the other, ‘value in exchange.’ The things which have the greatest value in use have frequently little or no value in exchange; and, on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water; but it will purchase scarce any thing; scarce any thing can be had in exchange for it. A diamond, on the contrary, has scarce any value in use; but a very great quantity of other goods may frequently be had in exchange for it." — Wealth of Nations
“Despite his intellectual roots in Aristotlean thought, Carl Menger was wise enough to see that Aristotle had erred in regards to exchange. One can make no sense of the relationship of value to market prices if one regards value as a property of goods themselves. Since the properties posited as ‘inhering’ in goods, such as land and labor, are themselves traded on the market, such explanations must always beg the question as to how those ‘determinants’ of value are priced. Menger's breakthrough insight was to realize that ‘[v]alue is… nothing inherent in goods, no property of them, but merely the importance that we first attribute to the satisfaction of our needs... and in consequence carry over to economic goods as the… causes of the satisfaction of our needs.’ (Principles of Economics). In other words, value is the name of an attitude or disposition that a particular person adopts toward a good: he chooses to value it.” Carl Menger: The Nature of Value, Mises Daily Articles, Gene Callahan, 10/17/2003
Bad grammar
“My spelling is Wobbly. It's good spelling but it Wobbles, and the letters get in the wrong places.” ― Winnie-the-Pooh
"In the infancy of science, when the main stress lay in the discovery of the most general ideas usefully applicable to the subject-matter in question, philosophy was not sharply distinguished from science. To this day, a new science with any substantial novelty in its notions is considered to be in some way peculiarly philosophical. In their later stages, apart from occasional disturbances, most sciences accept without question the general notions in terms of which they develop. The main stress is laid on the adjustment and the direct verification of more special statements. In such periods scientists repudiate philosophy; Newton, justly satisfied with his physical principles, disclaimed metaphysics. ... One aim of philosophy is to challenge the half-truths constituting the scientific first principles." — Whitehead, Process and Reality
Good food
“If more of us valued food and cheer and song above hoarded gold, it would be a merrier world.” ― J.R.R. Tolkien
"Another characteristic of a living society is that it requires food. In a museum the crystals are kept under glass cases; in zoological gardens the animals are fed. Having regard to the universality of reactions with environment, the distinction is not quite absolute. It cannot, however, be ignored. The crystals are not agencies requiring the destruction of elaborate societies derived from the environment; a living society is such an agency. The societies which it destroys are its food . This food is destroyed by dissolving it into somewhat simpler social elements. It has been robbed of something. Thus, all societies require interplay with their environment; and in the case of living societies this interplay takes the form of robbery. The living society may, or may not, be a higher type of organism than the food which it disintegrates. But whether or no it be for the general good, life is robbery. It is at this point that with life morals become acute. The robber requires justification." — ibid
Real science ... follow it
“The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.” ― Henry David Thoreau, Walden
Real science springing from philosophical speculation and imagination is beginning to posit that ... as the ancients assumed ... nature does, afterall, provide a universal metabolic scale in which the common life needs and the individual idiopathic desires of all living creatures can be quantitatively measured, compared and ethically judged ... in life units:
"What he [Geoffrey West] found was that despite the riotous diversity in mammals, they are all, to a large degree, scaled versions of each other ... and that the same laws of scalability held true with an eerie precision ... to cities and businesses." Geoffrey West, Scale: The Universal Laws of Life, Growth and Death in Organisms, Cities and Companies.
The road behind
"I do not think that all who choose wrong roads perish; but rescue consists in going back til you find the error and working from that point, never by simply going on. Evil can be undone, but it cannot 'develop' into good. Time does not heal it. The spell must be unwound, bit by bit, 'with backward mutters of dissevering power' - or else not." ― C.S. Lewis, The Great DivorceAnd, of course, the choice for the capitalist culture built on subjective value theory and its logical techne [ie. its technology] of fiat money and credit is clear:
- press ahead culturally ... into increasingly procrustean and totalitarian versions of commercial nominalism detached from nature and real life on the grounds that the practice has become Too-Big-To-Fail or
- go back culturally ... unwinding bit by bit ... even repenting ... initially to something resembling our pre-1970's Bretton-Woods style gold-based system of global currency and commerce [as BRICS seems to be wisely doing] even if it is alongside CBDC's and/or blockchains which transparently enforce common [if not yet completely just], physical [not merely financial] rules for and disclosure of resource valuation and allocation across continents and classes.
The importance of money: is it natural or positive?
It must certainly be allowed, that nature has kept us at a great distance from all her secrets, and has afforded us only the knowledge of a few superficial qualities of objects; while she conceals from us those powers and principles on which the influence of those objects entirely depends. — Hume, An Enquiry Concerning Human Understanding, Section IV. Part II - Sceptical Doubts
“[T]here is something which moves while itself unmoved. ... Th[is] first mover, then, exists of necessity; and in so far as it exists by necessity, its mode of being is good, and it is in this sense a first principle. ... On such a principle, then, depend the heavens and the world of nature. ... We say therefore that God is a living being, eternal, most good, so that life and duration continuous and eternal belong to God; for this is God. ... We must consider also in which of two ways the nature of the universe contains the good, and the highest good, whether as something separate and by itself, or as the order of the parts. Probably in both ways, as an army does; for its good is found both in its order and in its leader, and more in the latter; for he does not depend on the order but it depends on him. And all things are ordered together somehow, but not all alike,-both fishes and fowls and plants; and the world is not such that one thing has nothing to do with another, but they are connected. For all are ordered together to one end, but it is as in a house, where the freemen are least at liberty to act at random, but all things or most things are already ordained for them …” Metaphysics Book XII, Aristotle, 350 BCFor those who cannot accept this organic view of the universe, there is a more humane [and stoic] point of view also expressed by the ancients and described by Whitehead as reverent duty:
"We can be content with no less than the old summary of [culture] which inculcates duty and reverence. Duty arises from our potential control over the course of events. Where attainable knowledge could have changed the issue, ignorance has the guilt of vice. And the foundation of reverence is this perception, that the present holds within itself the complete sum of existence, backwards and forwards, that whole amplitude of time, which is eternity."
"Tomorrow, and tomorrow, and tomorrow,Creeps in this petty pace from day to day,To the last syllable of recorded time;And all our yesterdays have lighted foolsThe way to dusty death. Out, out, brief candle!Life's but a walking shadow, a poor player,That struts and frets his hour upon the stage,And then is heard no more. It is a taleTold by an idiot, full of sound and fury,Signifying nothing." — Shakespeare, MacBeth