First off, it seems like wealth is a zero-sum game. If I make money then someone somewhere else is losing money. They may be getting something of equivalent value in exchange, or they might just be getting screwed—it really doesn’t matter.
You could probably argue that most people want to be richer, right? I mean, if you asked a random segment of the population, you’d probably get a conservative 80% of them to say “yes, I’d like to have more money.”
If all these people followed the rule in this quote, then this would be the problem: what’s the outcome when two or more people who have identical goals (and methods of obtaining those goals) play each other in a zero-sum game?
I’m not sure that it would end well for the majority of people.
Wealth isn’t a zero-sum game unless there is no economic growth; people getting richer in non-zero-sum ways is ( as i understand it) what economic growth is.
First off, it seems like wealth is a zero-sum game. If I make money then someone somewhere else is losing money. They may be getting something of equivalent value in exchange, or they might just be getting screwed—it really doesn’t matter.
You could probably argue that most people want to be richer, right? I mean, if you asked a random segment of the population, you’d probably get a conservative 80% of them to say “yes, I’d like to have more money.”
If all these people followed the rule in this quote, then this would be the problem: what’s the outcome when two or more people who have identical goals (and methods of obtaining those goals) play each other in a zero-sum game?
I’m not sure that it would end well for the majority of people.
Wealth is very clearly NOT a zero-sum game.
Wealth isn’t about money, it’s about value. Ask yourself: if you create value, is someone somewhere else destroying value?
Money (in this context) is just a unit of account. Any central bank can produce an unlimited amount of these.
Wealth isn’t a zero-sum game unless there is no economic growth; people getting richer in non-zero-sum ways is ( as i understand it) what economic growth is.