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   soc.culture.quebec      More than just pale imitations of France      108,436 messages   

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   Message 107,930 of 108,436   
   World90 to All   
   Capitalism is not a zero sum game   
   14 Aug 21 12:53:46   
   
   From: m@m.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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