Law Of Equivalent Exchange Quotes

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Humankind cannot gain something without first giving something in return. To obtain, something of equal value must be lost. This is Alchemy's First Law of Equivalent Exchange. In those days, we really believed that to be the world's one, and only, truth.
Hiromu Arakawa (Fullmetal Alchemist, Vol. 1)
Humankind cannot gain anything without first giving something in return. To obtain, something of equal value must be lost. That is alchemy's first law of Equivalent Exchange. In those days, we really believed that to be the world's one, and only, truth. But the world isn't perfect, and the law is incomplete. Equivalent Exchange doesn't encompass everything that goes on here, but I still choose to believe in its principle, that all things do come at a price, that there's an ebb and a flow, a cycle, that the pain we went through did have a reward, and that anyone who's determined and perseveres will get something of value in return, even if it's not what they expected. I don't think of Equivalent Exchange as a law of the world anymore. I think of it as a promise, between my brother and me. A promise that, someday, we'll see each other again.
Hiromu Arakawa
Humankind Cannot Gain Anything Without First Giving Something In Return. To obtain, Something Of Equal Value Must Be Lost. That Is Alchemy's First Law Of Equivalent Exchange.
Edward Elric
Humankind cannot gain anything without first giving something in return. To obtain, something of equal value must be lost. That is Alchemy's First Law of Equivalent Exchange
Hiromu Arakawa
An increase of value – crucial in exchange and trade – is indeed different from increases in quantity observable by our senses. Increase in value is something for which laws governing physical events, at least as understood within materialist and mechanistic models, do not account. Value indicates the potential capacities of an object or action to satisfy human needs, and can be ascertained only by the mutual adjustment through exchange of the respective (marginal) rates of substitution (or equivalence) which different goods or services have for various individuals. Value is not an attribute or physical property possessed by things themselves, irrespective of their relations to men, but solely an aspect of these relations that enables men to take account, in their decisions about the use of such things, of the better opportunities others might have for their use. Increase
Friedrich A. Hayek (The Fatal Conceit: The Errors of Socialism (The Collected Works of F. A. Hayek Book 1) (Volume 1))
Paul Ricœur has two terms that neatly sum up this difference between modern contracts and God’s covenants.12 Contracts obey a logic of equivalence, a regime of strict justice in which unerring calculation determines the just measure of commitment in each case. It is the logic of the transaction and of the market, a reciprocal paradigm in which debts must be paid in full, but no more. The logic of equivalence belongs to a view of the world in which every gift is a trojan horse that requires reciprocation sooner or later: “They invited us round for dinner and baked their own dessert; we will have to do the same!” It is the ethics of a Derrida who ruefully acknowledges that “for there to be gift, there must be no reciprocity, return, exchange, counter-gift, or debt.”13 This is an impossible standard that leads him to conclude that the pure gift is impossible and could not even be recognized as such: gifts always fall back into economies of debt sooner or later, a grim reality that leads Terry Eagleton to remark “one would not have wished to spend Christmas in the Derrida household.”14 The contractual logic of equivalence is the logic of an eye for an eye and a tooth for a tooth. It is a human logic. God’s covenants, by contrast, operate according to a logic of superabundance, a lavish, gracious, loving paradigm of excess. God walks between the animal parts alone; the exodus rescue precedes the Sinai law; Christ lays down his life in the new covenant in his blood. This is the logic of the “how much more” of the Pauline epistles (Rom 5:9, 10, 15, 17; 11:24; 1 Cor 6:3; 2 Cor 3:9) and the letter to the Hebrews (Heb 9:14; 10:29; 12:9), of going beyond the call of duty, beyond what is right and proper, beyond what could reasonably be demanded on a ledger of credit and debt. The logic of superabundance replaces the fear and submission of Hobbes’s Leviathan or the tyranny of Rousseau’s general will with the love and sacrifice of Christ. It is the logic of grace and the gift. It is a divine logic. The
Christopher Watkin (Biblical Critical Theory: How the Bible's Unfolding Story Makes Sense of Modern Life and Culture)
Desire takes you beyond all contracts, beyond the law of exchange, beyond equivalences, in a bidding which may have no end.
Baudrillard, Jean
Hyperreality and simulation are deterrents of every principle and every objective, they turn against power the deterrent that it used so well for such a long time. Because in the end, throughout its history it was capital that first fed on the destructuration of every referential, of every human objective, that shattered every ideal distinction between true and false, good and evil, in order to establish a radical law of equivalence and exchange, the iron law of its power. Capital was the first to play at deterrence, abstraction, disconnection, deterritorialization, etc., and if it is the one that fostered reality, the reality principle, it was also the first to liquidate it by exterminating all use value, all real equivalence of production and wealth, in the very sense we have of the unreality of the stakes and the omnipotence of manipulation. Well, today it is this same logic that is even more set against capital. And as soon as it wishes to combat this disastrous spiral by secreting a last glimmer of reality, on which to establish a last glimmer of power, it does nothing but multiply the signs and accelerate the play of simulation.
Jean Baudrillard (Simulacra and Simulation)
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Shwetabh Gangwar
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Wobby
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Wobby
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ST221
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How to Identify Legit Sellers of Verified Bybit Accounts
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In comparison, their American counterparts, like FTX.US and Binance.US, were derelict flea markets where no one shopped—distracting American regulators from the fraudulent behavior happening at their overseas equivalents. This was deliberate. Binance adopted something it called, in an internal presentation prepared by a consultant, the “Tai Chi strategy.” It was a classic “bait and switch,” as Forbes described it.7 The idea was that Binance.US would be served up to regulators as a compliant exchange trying to do the right thing under US law. Binance.US had to be ready “to accept nominal fines in exchange for enforcement forbearance,” according to the presentation—redirecting the energies of US law enforcement away from the mothership, Binance.com. Meanwhile, customers would be funneled to the offshore exchange, which, with its distributed global operations, could operate with greater latitude. For a time, the strategy worked quite well.
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Secure Your Crypto: Best Practices for Binance Account Safety