Thursday, November 27, 2014

Vayetze: economics


Vayetze: economics

The etymologic dictionaries on the web say that economics comes from the Greek words for house (ecos) and laws( nomos).  My false etymology has the word coming form e ( exit, leaving, vayetze)  and co ( together) , leaving the area of support and cooperation. Economics deals with situations of competition and the struggle for gain, leaving the comfort zone. 

Yaakov leaves his home.  Home has become uncomfortable after the murderous declartion of Esau, reacting to Yaakov's seizing the blessing of the first born.  Yaakov launches, he goes out on his  own.  He is going back to Haran, the place  that Abraham left. 

On the way he has a dream that tells  him he will inherit  the sacred  land that  he is leaving.  He immediately makes a deal: 10% for the Provider of all   Even with Gd, business is business,  No free lunch.

Jacob comes to the watering hole.  Jacob remarks on the way the shepherds are doing their jobs, implying that they are featherbedding.   The locals  counter that they are a collective,  they have a system for using  the well,  perhaps an assurance of fairness. But when Jacob sees Rachel, he ignores that tradition and  uncovers the well.  Is this anti communist Objectivism?

Jacob has nothing to offer Lavan  but his labor, and with that he buys his bride. The replacement of Rachel with Leah echos  Jacob's deception of  Isaac.  The point is brought home when   Laban said: 'It is not so done in our place, to give the younger before the first-born.

What do you do when you are cheated? Make the best of it.  

After his 14  year internship, Laban wants to  contract his animal husbandry business to Jacob Lavan provides the capital, Jacob invests it. Through some strange biology, Jacob is enriched by the deal.

Jacob skips the exit interview and leaves for his Promised Land. Lavan gives chase.  Then there is the argument between labor and capital.  Jacob describes his sacrifice,  the ever changing interpretations of his contract and claims possession of the goods.  Lavan argues that  it is all his because he supplied the capital. In Lavan's view, Jacob remained a sharecropper.  Through the intervention of a dream, Jacob wins

Is this the origin of the economic Jew: Communist, banker, entrepreneur.Building fortunes from nothing and then losing everything when they are forced out of the country?

You can't take it with you. But that only applies to the money.

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