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No. Economies aren't even close to matching the concept of a zero-sum game. By definition they don't match the concept of a zero-sum game. Need more information
by Denzel 8y ago
No. Economies aren't even close to matching the concept of a zero-sum game. By definition they don't match the concept of a zero-sum game. Need more information? I suggest you read up on what a production possibility frontier (PPF) is. [1]
Technology invalidates the very idea of a zero-sum economy. If tomorrow we reach a breakthrough in fusion energy and are able to deliver all the energy the world needs at several order of magnitudes less cost, material, and space... well then we just gave a lot and took very little -- the pie grew -- the possibilities grew. It's not zero-sum.
Listen, simply decrying "zero-sum" doesn't make an argument anymore intelligent. You must seek to understand the concept and basis underlying the words you use. Only then does their true explanatory power become accessible.
[1]: https://en.wikipedia.org/wiki/Production%E2%80%93possibility_frontier https://en.wikipedia.org/wiki/Production%E2%80%93possibility...
- xn1001 8y ago"Hacker" "News" mines the depths of Wikipedia. PPF is a buzzword and you know nothing.
- benatkin 8y agoI know that this doesn't add to understanding of zero-sum games, but I think knowledge of zero-sum games adds to understanding of this issue. The only downside to mentioning zero-sum games is that it might attract pedants. I see you have no interest in discussing the topic at hand, just in berating people for not having the same standards of discourse as you. As to how the zero sum game improves understanding: It's competition in a resource-constrained environment. I don't want to stick to strict economic theory and assume that wealth creation solves this issue. We've seen that people aren't satisfied by their phones, apps, food and entertainment choices, and high-tech gadgets that people in the past could only dream of. If anything it makes people want more. All the things mentioned, the house, the car, the kids, world travel, are goals people have that don't appear to have satisfying alternatives that don't use up a lot of resources or pollute the environment.