A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”
Anthropologist Margaret Mead emphasized “fracture” as a more relevant concept than using tools as markers of human civilization. When an animal is fractured, it becomes easy prey for predators. However, when humans are fractured and unable to function, they rely on the support of their neighbors. Unlike animals, which show no evidence of broken bones and can reattach, humans leave physical marks. Notably, the birth canal of women is narrower than that of other species, complicating the process of giving birth without assistance. Thus, it is incredibly challenging for anyone to bear a child independently. This fact underscores that human childbirth inherently necessitates social interaction. Anatomically, humans have socialized since birth. While women physically bring children into the world, it is society that nurtures and supports this life. Therefore, the core and utmost value of civilization is LOVE for our neighbors. - Joseph’s “just my thoughts”