There is a recent new word in Chinese that I think deserves introducing into the Western neoreactionary canon.
The word is 内卷 (nei-juan) which has been translated as "involution". Originally a Chinese phenomenon it increasingly applies anywhere there is modernity.
https://t.co/g5ykb1fjq2
Starting to formulate a theory that I\u2019m tentatively terming \u201cTechno-Crapitalism\u201d: the tyranny of half-broken technology dictating your lives for capitalist gains; immiserating the consumer-user in the process.
— Mencius Moldbugman (@moldbugman) October 4, 2020
Now you are expected to do it all yourself.
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Erdogan Is Turning Turkey Into a Chinese Client State\U0001f914https://t.co/WZyETQ9mkB
— James Mitchell \u24cb\U0001f42c (@MesMitch) February 13, 2021
Since early 2019, Turkey has arrested hundreds of Uighurs and sent them to deportation centers. And Erdogan’s remarks have turned diplomatically bland, just like any Uighur-related coverage in newspapers controlled by Erdogan and his supporters.
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Like company moats, your personal moat should be a competitive advantage that is not only durable—it should also compound over time.
Characteristics of a personal moat below:
I'm increasingly interested in the idea of "personal moats" in the context of careers.
— Erik Torenberg (@eriktorenberg) November 22, 2018
Moats should be:
- Hard to learn and hard to do (but perhaps easier for you)
- Skills that are rare and valuable
- Legible
- Compounding over time
- Unique to your own talents & interests https://t.co/bB3k1YcH5b
2/ Like a company moat, you want to build career capital while you sleep.
As Andrew Chen noted:
People talk about \u201cpassive income\u201d a lot but not about \u201cpassive social capital\u201d or \u201cpassive networking\u201d or \u201cpassive knowledge gaining\u201d but that\u2019s what you can architect if you have a thing and it grows over time without intensive constant effort to sustain it
— Andrew Chen (@andrewchen) November 22, 2018
3/ You don’t want to build a competitive advantage that is fleeting or that will get commoditized
Things that might get commoditized over time (some longer than
Things that look like moats but likely aren\u2019t or may fade:
— Erik Torenberg (@eriktorenberg) November 22, 2018
- Proprietary networks
- Being something other than one of the best at any tournament style-game
- Many "awards"
- Twitter followers or general reach without "respect"
- Anything that depends on information asymmetry https://t.co/abjxesVIh9
4/ Before the arrival of recorded music, what used to be scarce was the actual music itself — required an in-person artist.
After recorded music, the music itself became abundant and what became scarce was curation, distribution, and self space.
5/ Similarly, in careers, what used to be (more) scarce were things like ideas, money, and exclusive relationships.
In the internet economy, what has become scarce are things like specific knowledge, rare & valuable skills, and great reputations.