Breaking Change: The 1st Law of Value

We changed the 1st law of value after harmonizing it with the 4 properties of waves

Law 1 Before: “Everything has (exchangeable) value”

This was to emphasize the 1st rule of motion as no void movement in the sense that the economy always fills economic voids. For example, if you are hungry then you will fill it with food from a seller (i.e. the value is exchangeable and not of self-use).

This would mean that poverty is void that is being unfilled, or the filling is misplaced so that the void actually deepens. For example, filling the outer parts of a hole will make the hole appear deeper. This would then explain gambling and overspending.

But this does not really explain desire that causes that void.

So we overhauled it with:

Law 1 After: “Exchangeable value is based on relational desire”

This explicitly mentions exchangeable value, as well as:

• relationality which is the basis of commonality or the 1st property of waves
• desire which is the engine of action and the economy
  • This desire can then be split into absolute and effective

Essassani Laws

We also applied the 4 properties of waves into the 4 Laws of the Essassani