It would hardly have become a popular slang term on the Chinese internet if it were only about the worries of a small minority of capital owners. Any kind of excessive competition dynamics may be described as neijuan. I would like to give you some social media usage examples, but Weibo is censoring the #内卷# hashtag. In any case, the Wikipedia article has examples involving students competing in exams and graduates competing on the job market, among others.
Like other comments on OP have pointed out, the term at this point is vague and used for various reasons.
But given the term's emergence in a country with a communist government, and the origin described by wikipedia, I think what I'm saying is more aligned with the term's origin.
Whatever the term means on Chinese internet sounds like standard (I'm sure partially valid) doomerism. I can accept they use it to describe that.
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It would hardly have become a popular slang term on the Chinese internet if it were only about the worries of a small minority of capital owners. Any kind of excessive competition dynamics may be described as neijuan. I would like to give you some social media usage examples, but Weibo is censoring the #内卷# hashtag. In any case, the Wikipedia article has examples involving students competing in exams and graduates competing on the job market, among others.
Like other comments on OP have pointed out, the term at this point is vague and used for various reasons.
But given the term's emergence in a country with a communist government, and the origin described by wikipedia, I think what I'm saying is more aligned with the term's origin.
Whatever the term means on Chinese internet sounds like standard (I'm sure partially valid) doomerism. I can accept they use it to describe that.