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Andrew George's avatar

As a concept, "opportunity cost" might be one of the most damaging ideas to ever be mixed in with social relations. All of the language you mention in your opening: "investing", "networking", "energy", "use of time", "connections, leverage, social capital, value exchange, synergy", all hinge on opportunity cost. In other words, they're all centered around your attention being a finite resource that, once used in one place, on one friend, in one relationship, is then permanently spent and, in turn, wasted when it pays no dividends.

The logic sort of holds because we're all working with limited time and energy, but the valuation is wrong. Market logic dictates that value only exists where a price can be set, and all things that cannot be priced are worthless, and this logic has seeped into every aspect of our lives.

Opportunity cost is a phantom hazard. The idea that we value the things we do in relation to all the things we can't do is deranged. It's the equivalent of scrolling Netflix endlessly, looking for something to watch, but dismissing everything you come across because you're not sure it's worth the 90 minutes, and you'll be too preoccupied with all of the other things you could be watching instead. So the net result is that you end up watching nothing, and somehow that's more prudent than taking a shot on a random experience and seeing it through to the end. The fear of loss is so great, but the fear itself is vampiric, wasting more time and opportunity than any failed "investment", or spent opportunity cost, by orders of magnitude.

Brilliant and incisive as always, and uncomfortable in the best ways. Your values are curated and calibrated to a degree of precision that I deeply admire.

Céline Artaud's avatar

And once again you identified something even deeper than the language of “investment” creeping into friendship. We’ve also imported the logic of optimization, that penetrates everything nowadays. Not only do we ask whether people are useful, we ask whether a friendship is the best possible use of our finite social resources. The tragedy is that this horrible optimization is the enemy of attachment. The most valuable people in my life would never have survived an efficiency review.

Years ago, I kept meeting an older man at the same café. We had almost nothing in common. Different generation, different politics, different profession. If I had evaluated that relationship the way modern life teaches us to evaluate everything, I would have concluded it offered no leverage, no opportunity, no measurable return. Yet over time he became one of the people whose perspective shaped my thinking the most. The friendship’s value was precisely that it could not have been predicted in advance. Networks reward relevance. Friendships reward surprise.

That insight runs beautifully through this essay. You remind us that friendship is one of the last places where uncertainty is a gift to receive. We do not know who will matter to us 20 years from now. We do not know which repetitive conversation, which pointless phone call, which cold cup of tea will become part of of a life.

And that may be the most impressive achievement of your essay, Tamara. In a culture obsessed with measurement, you make a compelling case for the immeasurable without becoming sentimental. That’s soooo rare today. Most writers either romanticize friendship or reduce it to sociology. You somehow managed to defend its mystery.

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