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|    soc.culture.quebec    |    More than just pale imitations of France    |    108,435 messages    |
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|    Capitalism is not a zero sum game    |
|    03 Nov 20 11:34:02    |
      From: aminer68@gmail.com              Hello..                     Capitalism is not a zero sum game              In game theory, a zero sum game is one in which the gains of one are exactly       balanced by the losses of another. In economics, a zero sum game is aptly       described by the saying, “As the rich get richer, the poor get poorer.”       Many assume that our “       economic pie” is static, so that if some take more of the pie, there is less       for others to share. But capitalism increases the size of the pie, and       although some may get bigger pieces than others, all gain.              Many politicians, including many in the current crop, think the economy is a       zero sum game. Hence they attempt to “redistribute the wealth” in the name       of fairness. But their attempts to make things “fair” just decreases the       size of the economic        pie, to the detriment of all.              Read more here:              https://arizonadailyindependent.com/2013/06/20/capitalism-is-not       a-zero-sum-game/                     Thank you,       Amine Moulay Ramdane.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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