I think we can date the fall of the tower to the years between 2011 (Gurri’s focal year of “nihilistic” protests) and 2015, a year marked by the “great awokening  on the left and the ascendancy of Donald Trump on the right. Trump did not destroy the tower; he merely exploited its fall. He was the first politician to master the new dynamics of ... See more

These two extreme groups are similar in surprising ways. They are the whitest and richest of the seven groups, which suggests that America is being torn apart by a battle between two subsets of the elite who are not representative of the broader society. What’s more, they are the two groups that show the greatest homogeneity in their moral and poli... See more

The metaphor of risk management creates good-faith discourse.

In a market, everybody knows their ideological opponents are making an honest effort to understand — or, l iterally paying for the luxury of not making that effort.

A market is a mechanism for establishing cross-ideological trust.

Note that Wall Street bulls never characterize bears as “in

... See more

Most of what the crypto world calls art is entertainment, or fashionable assets. They snatch your attention. They care more about making a tweet or a headline declaring they SOLD OUT, they set a HISTORICAL RECORD, and they tell you this is the art’s value. But the value of what? Monetary value is not a good indicator of the aesthetic value, the his... See more

What we need most are temporal structures that stabilize life. When everything is short-term, life loses all stability. Stability comes over long stretches of time: faithfulness, bonds, integrity, commitment, promises, trust. These are the social practices that hold a community together. They all have a ritual character. They all require a lot of t... See more

... I realized I associate art with gifts. You don’t mark a true gift with a monetary value. You don’t predict the rise and fall of that value. If an art is important to you, you want to hold onto it, instead of trading it with others. And if an art is to initiate a spiritual experience for an audience, it should not involve itself with transa... See more

Social scientists have identified at least three major forces that collectively bind together successful democracies: social capital (extensive social networks with high levels of trust), strong institutions, and shared stories. Social media has weakened all three. To see how, we must understand how social media changed over time—and especially in ... See more

The biggest compliment for us is when someone describes Are.na as healthy. We want to cultivate a culture about being curious and going deeper when necessary. We think the feeling of, “I’m interested in this weird topic and I’m going to see how far that interest goes” is way better than, for instance, putting up a picture and getting 50 likes or so... See more

Immutability, as it turns out, is not always well defined. In the case of blockchain, it does not mean that the records can never be changed or rolled back. Blockchain trust is immutable not in a binary sense, but in a probabilistic sense. Distinguishing untrustworthy chains from the consensus is not an all-or-nothing decision. The more subsequent ... See more