Converting Human and Erotic Capital into Cash

There is a lot of talk about passive income. Passive income is income that you receive (e.g. from shares or bonds) that require no work. Active income is income that requires you to do something e.g. when you get a job and work. While there is much attention on passive income vs active income, there is little discussion or focus on the capital upon which this income is derived. Passive income comes from what I call passive capital whereas active capital includes capital that requires you to work in order to derive an income from it, and these types of capital can appreciate (e.g. human capital if you build your skills) or depreciate (e.g. erotic capital if you let yourself age).

In spite of what people say about the rise of socialism, I believe that capitalism still rules the world. Government workers simply work for those who own capital. Capital is the “means of production.” It is whatever makes money. We are all born with human capital i.e. our skills and ability to work and earn a salary from it. In addition to human capital there are also those men and women who have “erotic capital” (also known as sexual capital) that allows them to charm others. When we humans enter life, we are faced with the challenge of working so that we can convert human capital and erotic capital into cash.

Human capital and erotic capital is different from other types of capital e.g. financial capital (e.g. stocks, bonds, or ETFs) in that work is required to convert the human or erotic capital into cash. Financial capital is different because e.g. you can own stocks and bonds, do nothing, and receive income from it. However, to derive income from human capital (e.g. skills), you must work. To derive income from erotic capital (your good looks, charm, people skills, etc), you must also work (although it comes naturally to some).

Because passive capital requires no work whereas active capital requires work, I believe that this is where overeducation or oversexualization can become a problem. There are many people who seek to build their human or erotic capital. For example, many people stop working and dedicate large amounts of money and time into degrees and qualifications. Their human capital grows significantly but it is a challenge for them because human capital cannot be spend. You need to work first to convert that human capital into financial capital. The same can be said of erotic capital. Many people are obsessed with networking, looking good, etc, and this may pay off, but like education there is a significant degree of uncertainty, and a lot of work is needed to convert that erotic capital into financial capital.

The old saying that you should “invest in yourself” should then be scrutinized. It makes sense to invest in yourself, but there are downsides.

Getting Lost in Routine and Remote Work Dystopia

The last few weeks have been interesting because I really feel like I am back in my routine (wake up, commute, work, commute back, shower, dinner, Netflix, and sleep). There have been days at work when things became overwhelming, and I felt some pain, but the pain is quickly forgotten later as it is swallowed up by other pain. Memories of the pain get lost in the routine.

The wage slave’s boring routine life is such a cliche, but it seems I am now living that cliche. In a way, I want to escape the routine. Lured by flight discounts, I have booked flights to Bali this December, but now I somewhat regret it because I just feel a reluctance to go beyond my routine. Maybe I am just getting old. I could go out and spend time with friends, but I feel tired of that now, and I’d rather just stay home, but when I am by myself I do feel lonely, and I do crave companionship, but I feel there is no one for me because I am too different to others, and the effort to find suitable people is not worth it because the time or effort to search and filter through people is too high, and the risks are too high. I’d rather just stay at home and comfort myself with electronic entertainment. It is what is most comfortable, but I remember someone at work once told me that comfort and pleasure does not give you happiness.

I spent a lot of time working nowadays. My manager has put a lot of work on me, but I feel I cannot push back because he recently promoted me, and I do feel some loyalty to him, so I have been trying to keep on top of the work by working weekends. Flexible working culture is starting to take off at my workplace, which I think is great, but sometimes I wonder whether it simply encourages people to work beyond their normal hours. Those who work extra remotely have an advantage over those who don’t because they are able to generate more work, and those who don’t work extra will be forced to work weekends in order to catch up and stay competitive against everyone else who works extra, so it creates a race to the bottom where everyone will be working all the time. I can imagine a remote work dystopia in the future where workers are constantly working. To squeeze as much work from them, there are no lunch breaks. Workers drink soylent for energy and nutrition. In fact, when you think about it, the current average lifestyle is not efficient. For example, commuting takes out one or two hours every day when you’re on the train doing nothing, and cooking and preparing food and cleaning up after also takes up large chunks of time. There can probably be some efficiencies there, but there is certainly a dystopian vibe to it.