The Incredible Power of Two...

The Power Of Two: Making The Case For The Binary Revolution In The Binary Age…

Hey there boys and girls, are you looking for a way to impress your (occasionally know it all) friends, your teachers, or God forbid…even your parents if you wanted to? Here’s what I suggest. Just walk up to a group of your friends (teachers, or parents) and when there’s a lull in the conversation just ask, “So, what are your impressions of binary economic theory?” Then just stand there and watch as their eyes glaze over while they frantically flip through their mental Rolodex for the term “binary economics,” which they won’t find, because it just ain’t there, and it never was.

The Trick Is…
Now the trick to all this of course, is to put them in a position where you to know the answer to the question, and they don’t have a clue. This serves a couple of purposes. First it makes them look intellectually inferior to you, because of course they presume you know and they know they don’t. Secondly, if they want to know what it is, it’ll almost force them to ask you, because none of their friends, not even the adults will have the answer to this simple little question. But you will if you read on. Let me explain.

Binary: It Sounds High Tech, But…
The term binary sounds high tech and complicated, but the fact of the matter is that it simply means “two.” A binary numbering system for example, is a system with only two numbers, one and two. In fact the richest billionaire in the history of planet earth, Bill Gates of Microsoft, invented the computer industry on the basis of binary theory in which the machine (the computer) is given a choice of two possibilities at any one time. So it chooses between one and two, either or, right or wrong, right or left, black or white, over or under, good or bad, etc. And since it has only to make this simple choice, it can do so very rapidly and accurately. As a matter of fact, because of the computer’s influence, one could accurately call the 21st century, “The Binary Age.”

Now Let’s Add The Term Economics
Now let’s add in the term economics which is basically all about one thing, MONEY. People who study economics, study how money (wealth or value) is created and distributed. And money is a real important thing in the world these days since having enough of it can determine whether you eat or starve, whether you have health insurance or have none, whether you drive a brand new Corvette, or a rusty, old beater, whether you get that date with that beautiful girl or she turns you down, whether or not you impress your know it all friends, your teachers, and even eventually your parents. Now as you may be able to tell, we’ve reverted again to the binary in our description of economics.

Now How About Putting Them Together Under Once Roof
OK, now let’s see what happens when you throw the term binary and economics together into the same phrase? It’s actually quite simple. What you get is an economic system that recognizes right up front that there are two ways to make a living. You can either work and make things for which you are paid a salary or a wage. Or you can OWN things (machines for example) that are used to mass-produce things for which you get paid. So you either work or you own for a living. Got that so far?

If It Requires Your Time…
Now check this out. If you work for a living you are being paid by someone else to do a particular job. If you lack any special skills, you may have to sell your time for minimum wage flipping hamburgers at McDonalds, or something even worse if McDonald’s turns your application down. Or if you have a special, unique skill or two that people are willing to pay lots for (like Doctors, Lawyers, Sports or Rock Stars) you can make lots of money by selling your skills and your time to the highest bidder. But in either case, when that person is on the job, even when (s)he can make lots of money, doing so will still require your time and attention. In other words, if and when it requires your time, you’re participating on labor side of the economy.

But If It Doesn’t Require Your Time…
On the other hand, if you own an apartment complex for example, for which people pay you money in exchange for a place to live, that really doesn’t require your time, you own for a living. And the things you own (in this case the apartment complex) are called capital. Other examples of capital could be if you owned a factory, or the machines in a factory, or stock in a corporation that pays dividends, or the rights to a book, a movie, a record album, etc. that generate money for you to live on, but doesn’t directly require your time. If you own enough of these things, you don’t have to work for a living. Your time belongs to you and you don’t have to sell any of it in order to pay your bills. In short you are FREE!!!!

The Key To Understanding Binary Economics
Now the key thing in binary economics is to recognize that the more technology grows and the more machines can make the things that we humans need and want to buy, the more money and wealth is created for that small percentage of people who own for a living. And as that same technology train moves on down the tracks, the people who work for a living become more and more dependent on those who own for a living, in order to pay their bills. This condition has been referred to as being an industrial sharecropper, or a wage slave…neither one of which rings of freedom and justice for all.

Do You Want To Work Or Own For A Living?
Now with all this said, let me ask you a couple of questions. Would you prefer to work for a living or own for a living? And what if I could show you a way for both you and your parents to become owners, and to become more and more free, would you be interested in knowing more? Yes or NO?
If you answered yes, that means you have a pretty good, basic understanding of binary economics. You know enough to dazzle your friends, your teachers, and your parents with your all new, high tech knowledge. I presume that you’d like to continue with lesson # 2 in the very near future. So stay tuned.