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andsoitisyesterday at 4:40 PM5 repliesview on HN

Wealth is not a zero sum game. There’s more wealth in the world today than 50 years ago, 500 years ago, 5000 years ago.


Replies

bccdeeyesterday at 7:12 PM

Power is a zero-sum game. We all live in the same space, exist in the same media ecosystem, and have the same number of hours in the day. The media consumed by the public, the structure of our cities, the investments we make in science, the sources we use for energy, the laws we pass and the way they are interpreted, stewardship of our environment, and the degree to which our tax money is used to drop bombs on civilians are ALL zero-sum.

I am so sick of the pretense that GDP growth means inequality is somehow illusory. Yes, TVs used to be expensive and now they are cheap. Big whoop.

exceptioneyesterday at 4:52 PM

A free market is not a zero sum game indeed. Monopolies turn it into a zero sum game. To keep a market free, you have to regulate it.

Wealth concentration is dangerous for democracy, the markets and society.

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saubeidlyesterday at 5:05 PM

Wealth is intently relative. Absolute growth of wealth is just inflation.

mothballedyesterday at 4:47 PM

There are a lot of zero-sum things that are being chased by money, and maybe even the most sought after ones. Like political power, sexual partners, and chasing the top % of credentials for your offspring to position them with better access to zero sum things.

lm28469yesterday at 4:44 PM

That's why we cured hunger in 2012, cured poverty in 2017, fixed healthcare in 2020, working as intended indeed

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