-
Notifications
You must be signed in to change notification settings - Fork 384
Expression Principle
Human actions should not be conflated with goods. There is a necessary distinction between actions and goods. The failure to properly distinguish between the two, at the most fundamental level, leads to errors of significant consequence to humanity.
Actions, are at the most fundamental level, human preferences given expression through goods. Without expression, the preference is merely a thought. Catallactics concerns itself with expressed preferences. Preferences are expressed by trade and by consumption.
In this sense, the human spirit is the person. It has preferences that it expresses by motivating the body over which it has control (owns). This body is its property, a good. When its body is fully depreciated (dead), the spirit ceases to be an actor. It is not necessary to contemplate disembodied spirits, as no action is implied.
Catallactics is not concerned with legal, theological, or ethical concepts of humanity. The Turing Test is sufficient criteria for the determination of humanity. The catallactic distinction is the formation of preferences, independent of any other actor. A person in this sense is a decision-maker, as distinct from a rule-follower. A machine is a good that expresses the preferences of a person. A person expresses its preferences by motivating its machine.
A spirit cannot be property, and a body is the property of its spirit. Only the spirit controls the body, where control defines ownership. Where the spirit is compelled to act through the aggression of another actor, the preference is not independent. The preference expressed is that of the aggressor.
Catallactics considers only the consequences of independent actors. When a person pays a tax, he is presumed to be expressing the preference of another person, as tax is by its nature involuntary trade. Similarly, slavery implies expression of the slaver’s preferences, not those of the slave.
Action is the expression of human preference through goods. Processes directed by humans are action, processes directed by machines are goods. In other words, production, labor, and leisure are actions, while websites, assembly lines, and cars are goods.
Users | Developers | License | Copyright © 2011-2024 libbitcoin developers
- Home
- manifesto
- libbitcoin.info
- Libbitcoin Institute
- Freenode (IRC)
- Mailing List
- Slack Channel
- Build Libbitcoin
- Comprehensive Overview
- Developer Documentation
- Tutorials (aaronjaramillo)
- Bitcoin Unraveled
-
Cryptoeconomics
- Foreword by Amir Taaki
- Value Proposition
- Axiom of Resistance
- Money Taxonomy
- Pure Bank
- Production and Consumption
- Labor and Leisure
- Custodial Risk Principle
- Dedicated Cost Principle
- Depreciation Principle
- Expression Principle
- Inflation Principle
- Other Means Principle
- Patent Resistance Principle
- Risk Sharing Principle
- Reservation Principle
- Scalability Principle
- Subjective Inflation Principle
- Consolidation Principle
- Fragmentation Principle
- Permissionless Principle
- Public Data Principle
- Social Network Principle
- State Banking Principle
- Substitution Principle
- Cryptodynamic Principles
- Censorship Resistance Property
- Consensus Property
- Stability Property
- Utility Threshold Property
- Zero Sum Property
- Threat Level Paradox
- Miner Business Model
- Qualitative Security Model
- Proximity Premium Flaw
- Variance Discount Flaw
- Centralization Risk
- Pooling Pressure Risk
- ASIC Monopoly Fallacy
- Auditability Fallacy
- Balance of Power Fallacy
- Blockchain Fallacy
- Byproduct Mining Fallacy
- Causation Fallacy
- Cockroach Fallacy
- Credit Expansion Fallacy
- Debt Loop Fallacy
- Decoupled Mining Fallacy
- Dumping Fallacy
- Empty Block Fallacy
- Energy Exhaustion Fallacy
- Energy Store Fallacy
- Energy Waste Fallacy
- Fee Recovery Fallacy
- Genetic Purity Fallacy
- Full Reserve Fallacy
- Halving Fallacy
- Hoarding Fallacy
- Hybrid Mining Fallacy
- Ideal Money Fallacy
- Impotent Mining Fallacy
- Inflation Fallacy
- Inflationary Quality Fallacy
- Jurisdictional Arbitrage Fallacy
- Lunar Fallacy
- Network Effect Fallacy
- Prisoner's Dilemma Fallacy
- Private Key Fallacy
- Proof of Cost Fallacy
- Proof of Memory Façade
- Proof of Stake Fallacy
- Proof of Work Fallacy
- Regression Fallacy
- Relay Fallacy
- Replay Protection Fallacy
- Reserve Currency Fallacy
- Risk Free Return Fallacy
- Scarcity Fallacy
- Selfish Mining Fallacy
- Side Fee Fallacy
- Split Credit Expansion Fallacy
- Stock to Flow Fallacy
- Thin Air Fallacy
- Time Preference Fallacy
- Unlendable Money Fallacy
- Fedcoin Objectives
- Hearn Error
- Collectible Tautology
- Price Estimation
- Savings Relation
- Speculative Consumption
- Spam Misnomer
- Efficiency Paradox
- Split Speculator Dilemma
- Bitcoin Labels
- Brand Arrogation
- Reserve Definition
- Maximalism Definition
- Shitcoin Definition
- Glossary
- Console Applications
- Development Libraries
- Maintainer Information
- Miscellaneous Articles