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The explicit invocation of the concept "zero-sum" is avoided because it's a lightning rod for criticism, where someone will inevitably chime in to point out the
by temp-dude-87844 8y ago
The explicit invocation of the concept "zero-sum" is avoided because it's a lightning rod for criticism, where someone will inevitably chime in to point out the realization of absolute gains of utility among the losers also; specifically, that important metrics like living standards have been improving for wide swaths of the population, even those whose share of wealth declined over time.
And therein lies the disconnect: both can be true, because one of them is a tautology; and it just so happens that relative disparities in wealth among the pool of people in market for a service will cause the competition to attain some elements of an auction, and cause the poorer parties to lose out.
- leetcrew 8y agoto be clear, I am not criticizing the author for not explicitly using the term "zero-sum game"; however dysfunctional the economy may be, it is clearly not that. I am criticizing the author for writing about relative gains using language (e.g. "pie", "taking from", "giving up") that is clearly evocative of a zero sum game. it encourages the uncareful reader to conflate absolute and relative gains.