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...
Problem-solving, often referred to as the Great Revolution, starts with seemingly trivial questions. The foundation of all ideas lies in inquiries, particularly those we might overlook. People question out of curiosity and, at times, skepticism. Stating that the answer is readily available suggests that the hint toward a solution stems from a simple question. Inquisition illuminates human intellect. - Joseph’s “just my thoughts”