"Experience" is the framework through which the subjective experience of objectivity is reclassified and understood as the objective description of subjectivity. Hence "experience" is not a thing to be experienced - it is a manner of speaking.
Through "experience", experience itself is made into an object. The coincidence of thought and experience?
It is informative as it's use implies knowledge about what this relationship between the 2 categories consists. But it is information that only relates to the way in which it is used. Is it possible to understand why it is used in this way? What would that question consist in?
In being used this way, the object which is material is not the object being referred to in experience. It becomes the experienced object.
The application of that categorization to reality presupposes that it fits that description.
***
The oxymoron of relation being subjective - without anything to relate to.
And of objectivity being the relation of fact to itself, and the negation of a relation.
Friday, November 13, 2015
Friday, November 06, 2015
Self-Quotes 1
Cash is the best antidote to ignorance.
The possibility of meaningful negation marks the representation of a category, and hence the starting point of philosophy.
Reality is like water; it cannot be sliced. Theory is like ice, malleable but static.
The possibility of meaningful negation marks the representation of a category, and hence the starting point of philosophy.
Reality is like water; it cannot be sliced. Theory is like ice, malleable but static.
Sunday, November 01, 2015
Thoughts on Singapore
In Singapore, the core cultural and the operational principles are pragmatic, but the form of political organization is authoritarian. Therefore free market principles are embedded within a heavily centralized form of political organization, which is socialist in some respects and liberal in others.
The political economy is market and externally driven. The constellated organization of social and political institutions are centrally controlled, bound together by developmental imperatives and social compacts grounded in culturally-sourced perspectives - pragmatism over ideals, merit over participation, and the emphasis of the individual in private over public spheres. The social system has been particularly effective in establishing merit over social class in the determination of social mobility.
The moral authority of the state remains absolute and unquestioned, as the state remains the vanguard; it determines the identity of the nation; which is constitutively pluralist, syncretic and porous to external influence - a major virtue in an open port city with a large migrant population.
Social control is exercised through a variety of state mechanisms backed by legislature and force; including the education system, national service, the mainstream media and civil rules against public disorder. This is backed by social norms which are in alignment with democracy-negating principles, which exist in a mutually conditioning relationship with the state.
The success of subtler forms of control open the space for greater freedoms within the boundary conditions established by the functioning of the state. There is freedom of movement; economic freedom; freedom of religion; freedom for political debate within non-ideological parameters; and positive freedoms of access to services and excellent public goods delivered by a clean and competent state.
What is traded off, then, is the flourishing of the individual in public life, as well as the celebration of individual initiative and inventiveness in the broader social and cultural life of the country - the concept of a society in collaboration with the advancement of human frontiers through an expanding life.
The political economy is market and externally driven. The constellated organization of social and political institutions are centrally controlled, bound together by developmental imperatives and social compacts grounded in culturally-sourced perspectives - pragmatism over ideals, merit over participation, and the emphasis of the individual in private over public spheres. The social system has been particularly effective in establishing merit over social class in the determination of social mobility.
The moral authority of the state remains absolute and unquestioned, as the state remains the vanguard; it determines the identity of the nation; which is constitutively pluralist, syncretic and porous to external influence - a major virtue in an open port city with a large migrant population.
Social control is exercised through a variety of state mechanisms backed by legislature and force; including the education system, national service, the mainstream media and civil rules against public disorder. This is backed by social norms which are in alignment with democracy-negating principles, which exist in a mutually conditioning relationship with the state.
The success of subtler forms of control open the space for greater freedoms within the boundary conditions established by the functioning of the state. There is freedom of movement; economic freedom; freedom of religion; freedom for political debate within non-ideological parameters; and positive freedoms of access to services and excellent public goods delivered by a clean and competent state.
What is traded off, then, is the flourishing of the individual in public life, as well as the celebration of individual initiative and inventiveness in the broader social and cultural life of the country - the concept of a society in collaboration with the advancement of human frontiers through an expanding life.
Thoughts from Rumelt & Soros
Stay with the uncertainty.
Useful Work comes from embodying fundamental insights through a refactoring of perception. Specialize in work where the ability to produce re-combinations to develop new systems and frameworks is optimal; combinations create value, and re-combinations sustain it.
Imagine doing the work everyday. What would you thrive in?
Understanding of a business is in essence an understanding of the ways in which the product adds value to the value chain of the customer. Effective FCF businesses are about competitive strategies (built around competitive advantages) to optimise the business process and the product around the buyers criterion of value. Moats are created by low cost, differentiation, or focus (segmentation).
At the Industry level, axis of segmentation, axis of competition and innovative disruptions mutually condition each other to give rise to operating environments for businesses. Businesses with durable competitive advantages build chain links, relationships, hard to replicate products and processes that confer cost or value advantages.
4 axis of business positioning: cost, quality, time, ease of access. A business can be profiled in terms of its location within these 4 axis.
***
Reflexivity: a paradox
Market prices are determined by expectations.
Yet the expectations themselves are reflected in prices which creates a new set of expectations based on these prices.
This is due to two reasons:
1) uncertainty creates reliance on collective expectations as a reference point for the formation of expectations
2) price influence the fundamentals by changing real economic activity, and hence the conditions in which the expectations are played out
Hence a proper set of expectations would endogenize the effect of the change in expectations on the fundamentals and the expectations.
Through backward induction, a uniquely determined convergence point may be found.
Fundamentals > expectations > expectations > fundamentals > etc.
3) the paradox of uncertainty (random events which cannot be represented through a probability distribution): expectations depend on the future, but the future is uncertain
Useful Work comes from embodying fundamental insights through a refactoring of perception. Specialize in work where the ability to produce re-combinations to develop new systems and frameworks is optimal; combinations create value, and re-combinations sustain it.
Imagine doing the work everyday. What would you thrive in?
Understanding of a business is in essence an understanding of the ways in which the product adds value to the value chain of the customer. Effective FCF businesses are about competitive strategies (built around competitive advantages) to optimise the business process and the product around the buyers criterion of value. Moats are created by low cost, differentiation, or focus (segmentation).
At the Industry level, axis of segmentation, axis of competition and innovative disruptions mutually condition each other to give rise to operating environments for businesses. Businesses with durable competitive advantages build chain links, relationships, hard to replicate products and processes that confer cost or value advantages.
4 axis of business positioning: cost, quality, time, ease of access. A business can be profiled in terms of its location within these 4 axis.
***
Reflexivity: a paradox
Market prices are determined by expectations.
Yet the expectations themselves are reflected in prices which creates a new set of expectations based on these prices.
This is due to two reasons:
1) uncertainty creates reliance on collective expectations as a reference point for the formation of expectations
2) price influence the fundamentals by changing real economic activity, and hence the conditions in which the expectations are played out
Hence a proper set of expectations would endogenize the effect of the change in expectations on the fundamentals and the expectations.
Through backward induction, a uniquely determined convergence point may be found.
Fundamentals > expectations > expectations > fundamentals > etc.
3) the paradox of uncertainty (random events which cannot be represented through a probability distribution): expectations depend on the future, but the future is uncertain
Note 46
Development is driven by the needs, aspirations and abilities of human capital; the producer is the vanguard of development.
We embody a society where the producer consumes as a function of the developments required to unleash the productive capacity, the development of a community of producers as consumers.
In a static society, that is, a society which consists of non producers, where the fundamental driving force is not the will to produce as a living creator, yield and interest rates would tend toward zero, as capital is accumulated and demographic and productivity growth stagnates.
The high savings rate, the manifestation of an actual example of social organisation, results in a high capital asset, low yield economy.
Macroeconomic imbalances are society's way of adjusting the conditions of supply and demand to each other, and therein a given form of social organization. The adjustment process is the macroeconomic system.
Global imbalances renders the domestic mechanism - the macroeconomy as a tool of social adjustment - impotent. It exacerbates domestic systems of social organization that creates global imbalances. These are not inherently unhealthy, but a fundamental tension is created, which is resolved one way or the other.
What is required are more opportunities for social and political change and arbitrage, a more diverse and flexible kind of domestic society and its institutions, in order to preserve the society as a unit.
We embody a society where the producer consumes as a function of the developments required to unleash the productive capacity, the development of a community of producers as consumers.
In a static society, that is, a society which consists of non producers, where the fundamental driving force is not the will to produce as a living creator, yield and interest rates would tend toward zero, as capital is accumulated and demographic and productivity growth stagnates.
The high savings rate, the manifestation of an actual example of social organisation, results in a high capital asset, low yield economy.
Macroeconomic imbalances are society's way of adjusting the conditions of supply and demand to each other, and therein a given form of social organization. The adjustment process is the macroeconomic system.
Global imbalances renders the domestic mechanism - the macroeconomy as a tool of social adjustment - impotent. It exacerbates domestic systems of social organization that creates global imbalances. These are not inherently unhealthy, but a fundamental tension is created, which is resolved one way or the other.
What is required are more opportunities for social and political change and arbitrage, a more diverse and flexible kind of domestic society and its institutions, in order to preserve the society as a unit.
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