Taiwan’s future is likely to have an outsized impact on not only the United States and People’s Republic of China, but the entire global order. There is no country on Earth today whose future is so uncertain, so contested, and so consequential. Why does Taiwan matter? Because not all foreign policy puzzles are created equal. A power law applies.
When it comes to matters of power, radically unequal distribution is the law of the universe. In Peter Thiel’s book, Zero to One, he describes how the power law works and why it matters to everyone. Thiel uses examples from the venture capital world, pointing out that just a few companies radically outperform all others.