Capitalistic thinking is not about domination by capital; it refers to financial thinking. The economy revolves around exchange. The performance of the counterparty corresponding to what I want to exchange is called ‘consideration,’ and a ‘transaction’ is the accumulation of added value by exchanging equal considerations. However, among transactions, this consideration is not relative but absolute; trading solely in one fiat currency as consideration is termed 'finance.’ When I obtain a loan, the bank lends me fiat currency (the bank’s consideration), but my obligation is to return the fiat principal plus the contracted interest. The consideration in this transaction is unidirectional, involving only one fiat currency. In contrast, when I buy shoes, the seller has an obligation to hand over the shoes to me, and I have a counterpart obligation to pay in fiat currency. Once these two considerations are exchanged, an industrial transaction occurs. However, as noted earlier, in financi...
Cognitive science states that humans communicate with 30% of "linguistic information" and 70% of "non-linguistic information." Suppose you study something to acquire information, focusing on it with conscious awareness. In that case, any activity you engage in unconsciously throughout your daily life is "playing." It is challenging to maintain focus on a task for an extended period. However, engaging in play adds enjoyment to intellectual pursuits, allowing for sustained attention. Studying in a limited capacity will only make you proficient in specific areas, but play can facilitate a more comprehensive and nuanced understanding. Parents often err by separating study and play, they are two sides of the same coin. - Joseph’s “just my thoughts”