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My work in open source and many different-sized companies (in finance sector and outside) has taught me that there are two categories of people. Those who creat
by cryptica 7y ago
My work in open source and many different-sized companies (in finance sector and outside) has taught me that there are two categories of people. Those who create value and those who capture value.
Most people are on a spectrum but will lean more towards one group or the other but there are people who are more on the extreme ends of the spectrum.
- People who are fully focused on capturing value have a tendency to take everything very seriously; they are often pessimistic and will find problems in the smallest things (even trivial aspects of their daily lives) and blow them out of proportion. They don't tolerate external criticism well. They are more likely to have fits of anger. They may have narcisistic tendencies and may lack empathy and are prone to hypocrisy and cognitive dissonance. They tend to focus exclusively on social politics for self-enrichment and don't spend any time thinking about the well-being of society. They believe that personal interest is the only force which drives value creation in society. They see value creators as sheep who need a shepherd to guide them to the right path. They are unable to distinguish value capturing from value creation; to them, they are the same concept.
- People who are fully focused on creating value have a tendency to not take anything too seriously; they tend to be optimistic and may shrug off problems altogether, they rarely get angry and they appreciate criticism. They are calm, altruistic and highly self-aware. They believe that altruism is the main force driving value creation in society. They may see value capturers as parasites on the system which exploit value creators to force them towards arbitrary directions which allow value capturers to claim credit and amass profits for themselves. Value creators see a very big difference between value creation and value capturing and their ability to see the difference means less cognitive dissonance, less hypocrisy and more emotional stability.
The other thing I learned is that our fiat monetary system benefits value capturers at the expense of value producers. Since fiat was introduced, through natural selection, humans have been getting worse at creating value and better at capturing it. Value capturers are better at figuring out where to place themselves in order to capture all the new fiat money that is constantly entering the system. This is why there are so many monopolies now.
We used to have a system which benefited balanced individuals, but the current system benefits extremist value capturers.
- tome 7y agoThat's interesting. Personally I match roughly half of your first description and roughly half of your second!