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> The basic idea being that as currently set up, economics means that it is a zero sum game. In terms of money, either I have the 100 dollars or you have 100 do
by MockObject 8y ago
> The basic idea being that as currently set up, economics means that it is a zero sum game. In terms of money, either I have the 100 dollars or you have 100 dollars, we cannot both have the same 100 dollars.
It's a common misconception.
A voluntary exchange of, say, a loaf of bread for $5, occurs when the seller values the $5 more than the loaf, and the buyer values the loaf more than the $5. After which they've both increased their total value.