" The moral point of The Eternal Champion is pretty simple but I think it is worth mentioning. Recently, in a radio interview, I was asked if my use of the forces of Law and Chaos was not, after all, merely another version of Tolkien's or Howard's Good and Evil. I replied emphatically--I use the ideas of Law and Chaos precisely because I am suspicious of simplistic notions of good and evil. In my multiverse, Law and Chaos are both legitimate ways of interpreting and defining experience. Ideally, the Cosmic Balance keeps both sides in equilibrium. By playing "the Game of Time" (or the Blood-Red Game as Asquiol calls it) the various participants maintain that equilibrium. When the scales tip too far towards Law we move toward rigid orthodoxy and social sterility, a form of decadence. When Chaos is uppermost we move too far towards undisciplined and destructive creativity. "
― Michael Moorcock , The Eternal Champion: The Eternal Champion Sequence 1