"As to judging our own time, and thereby gaining some basis for a judgment of future possibilities, we are doubtless not only too close to it to appraise it but too much formed by it and enclosed within it to do so"

Emily Greene Balch's quote talks to the fundamental problem of objectively evaluating the present moment because we are so deeply embedded within it. Her words suggest that judging the current period-- and by extension, speculating about the future-- is filled with difficulties. Balch posits that our ability to evaluate our own time is hindered by 2 main elements: proximity and immersion.

First, the idea of being "too close" to the present time records the concept of temporal distance. Simply as it's tough to seriously examine a painting when standing inches away from it, the intimacy we have with our own era can blur our analytical vision. Everyday experiences, news, cultural patterns, and social standards are so instant and universal that they can obscure bigger patterns and long-lasting repercussions. This proximity avoids us from adopting the removed point of view essential for objective examination.

Second, Balch emphasizes that we are "excessive formed by it and enclosed within it". This recommends that our interactions with our time are not simply observational but participatory; the period in which we live shapes our perceptions, worths, and biases. Being "formed by" our time means that our ideas and judgments are undoubtedly affected by the prevailing ideologies, innovations, and cultural stories.

To theorize future possibilities based on our understanding of the present is specifically challenging. Considering that our perceptions are tinged with modern predispositions, any projections we make might reinforce existing presumptions instead of challenge them or anticipate unpredicted innovations and changes.

Balch's quote functions as a tip of the limitations fundamental in self-reflection and speculation. It calls for humbleness in our judgments of today and an acknowledgment of the unpredictable intricacy of the future. Recognizing these restrictions can encourage more comprehensive thinking, openness to diverse perspectives, and a willingness to take part in dialogue that goes beyond the immediate confines of our temporal context.