Saturday, June 21, 2008

Summer has begun on Harris Creek. How much time is there between tax day and the beginning of summer? Cliches have a way of conveying deep meaning as in: "Time is money." The metaphor here is massively over-determined; all of human history may unwind from it. All of those virtual coins are bits of time, little tickets to the game of life.

Economics is time management, the production-distribution-consumtion of time. The virtual coins buy packages of "good time"; an empty pocket represents "bad time". Time, like money, is a limited possession of the person, or, the person is possessed by the limit of time and money. The person's ecomomic task is to manage the aquisition and expenditure of virtual coins, or bits of time. The person assumes that the number of coins, or bits of time that he/she possesses can be expanded by certain actions, and that inaction contracts the bits back to that bit which vanishes into the empty pocket. There is no ecomomics in the absence of the empty pocket.

Every person is virtually a little capitalist within the big capitalist system, each of us our own little corporation. Our capital lies in our genes, an inheritance from time past. Some enter the game with meagre capital, others with a bundle, but all leave with an empty pocket. It is time well spent that we desire to manufacture within the necessary limit of the game itself; to avoid the empty pocket for as many bits of time as we can; our limit is our destiny.