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