Promissory or Promiscuous Note


Wisdom ceases to be wisdom when it becomes too proud to weep, too grave to laugh, and too selfish to seek other than itself - Khalil Gibran.


Promissory
ˈprɒmɪs(ə)ri/
1.       conveying or implying a promise.


Promiscuous
prəˈmɪskjʊəs/
1.       demonstrating or implying an unselective approach; indiscriminate or casual.


In conventional parlance, a Bank Note (Dollar Bill or Rupee Note) is frequently referred to as a promissory note… a promissory note made by a bank (Central Bank like RBI in India) and payable to bearer on demand. Here the Bank stands the guarantee for the authenticity, relevance, value of the note.

Whereas public in general also issue their own versions of promissory notes: here the promissory note is a legal/financial instrument in which one party (issuer) promises in writing to pay a determinate sum of money to the other (payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. Bank Notes invariably are simple instruments because the underlying promise is not subject to “subjectivity” however the promissory notes have huge legal tangle-interpretations-arguments-lawsuits as the issuing & receiving party have their own versions.

Now let’s train attention to metaphorical promissory notes of opinion, facts, judgments, right vs wrong, etc. In the increasingly global & rapidly changing world, there are few institutions that are able to define or behave as issuing and settling agencies for these concepts. In which case, humans (depending on the communities they are a part of) are issuing/voicing their own versions of these promissory-note-type-concepts. Only to figure out that their concepts have lesser and lesser life and even lesser universality. In discussions that we have, more often there are logic/factoids displayed by both “for” and “against” camps.

In a discussion which had two path breaking Scientists, Dr Rupert Sheldrake and Dr Bruce Lipton, they tried to highlight as to how Science & Management [that has come to define the “way of world” currently]  have issued promissory notes  to people around several concepts [concepts of right vs wrong, justice, way of life, healthcare, cause-effect, etc] only to realize that time and again two phenomenon mire them:

1.       New discoveries/inventions/theory defeating the earlier discoveries/inventions/theory
2.       Inherent incompatibilities amongst their various discoveries/inventions/theories

In ancient times, there used to be a great logician called “Nagarjuna” who could take up an argument and win either ways. Nobel Prize Winner Amartya Sen has tried to stem this on “how far is the reach of reason?”.  

Next time we are issuing an opinion/judgement/”right vs wrong”, lets check whether it’s a promissory note or promiscuous note. We sure borrow concepts from a lot of open sources (largely the external) and then use own processing capability (again the roots of which are deep from past outside conditioning), we need to know, in financial parlance, the longevity-liquidity of our notes.

From Daily Rote to Musical Note. Happy Note.

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