Thursday, March 24, 2016

Chapter 8 - Toward a Topography of Financial Transactions

The acts of transactions of a person depict rapture in the integrity as well as in the consciousness of an individual. In this regards, one is not compelled towards unified aesthetic which lead to the realization of an integral part of the inner landscape which leads to such rapture. It is perceived that with money a whole numeric system is dictated and thus allowing one to count as well as an account but not to know the expression as well as its meaning. The system of money is based on its objectivity as well as in its measurements and most importantly in quantification in the tyranny of human invention. In this regards, the physical aspects can be found to be simple as it measures the abstract concepts which entail the price, value as well as wages which is deemed to be rational in the acts of instant transactions.

Talking about the topography of transaction, it involves several layers and conditions. Each transaction has four components—the physical, the participatory/circulatory, the quality of feeling, and consciousness or recognition. Physically, it has at least two parties and involves the aspects of time and function. Also, physical material(s) is exchanged during the transaction, which can be the documents, paper, coins, card swiping, or even a handshake. Beside the physical dimension, value, which is more subjective and perceptive, is also important within a transaction. Then the author raise a question of how people sense and assess the value. Not only the measurable and public aspects are important in a transaction, so does the personal perceived value. This non-material aspect has no economic value in scientific theory; however, it possibly has larger long-term impact in the human energetic level.

Consciousness sees the connection between the value provided to the world through investment and the expected financial/social return driving the investment in the first place. This creates as a dynamic tension between community interest and self-interest. The author clearly states that he attempted to reclaim what lies behind the human invention of money. The bottom-line is every transaction has both inner space and outer manifestations. As money moves through the strata of physical, circulatory, value, and consciousness in time, financial transactions become human transactions. Every human being has consciousness that could determine his or her participation in the circulation of money.

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