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”
Both self-respect and self-esteem are emotions that enable individuals to assess themselves and acknowledge their intrinsic value. Is this a form of identity capitalism? Who evaluates it, and who determines the criteria for value? Isn’t existence or nonexistence itself meaningful and valuable? Isn’t my presence in this world already worth something? - Joseph’s “just my thoughts”