Relative Speed and Transactional Interpretation

In the physical world, speed is a relative value. That means it has a Transactional Interpretation (TI).

How you model the physical world determines the interpretation, forming a feedback loop. The interpretation may not be “reality” at all, but (like Kant said) even the errors have an imperative value.

Objective reality is still in the loop. To reduce the errors, predicted by the model, it is a matter of time, occupying space.

Occupying space over time naturally associates with the speed at which changing the model, to more closely approximate objective reality (the categorical imperative), will occur (becoming actualized). It is a timing function, which is what determines the relative value of a futures contract, for example.

Futurists tend to reduce measurable progress to the occupation of space over time.

Modern conveniences are, for example, time-saving devices. These devices derive more useful time (actually adding identity, not more time) allowing a person to occupy more creative space at the margin (described by economists as marginal utility), which naturally transacts a different interpretation, over time.

To maintain its Objectivist philosophy, capitalists then have to stay out in front of the TI. They do that using futures contracts.

Trapped within the confines of “options and futures,” objective reality is contractually obligated (governed by natural law, of course), transacting an interpretation that keeps the nihilism of an unfunded, limited liability in a loop. The fully assumed risk is effectively modeled to be a function of when it happens (predictably) and not why.

Probability (not if, but when) is circumscribed (contractually obligated within “the four corners”). Probability is contained at the margin (subjected to the force and legitimacy of public authority, having the natural property of self-determination, existing on demand), which can quickly change, in priority, with the utility of ensuring a democratic process, becoming then the aggregate value of “systemic risk” fully funded (assumed) so it can actually be managed in priority.


About griffithlighton

musician-composer, artist, writer, philosopher and political economist (M.A.)
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