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I've heard this too. I think it is that people fear change intrinsically. Also they want to avoid anything that could kill property values. Plus there it is j
by sjg007 7y ago
I've heard this too. I think it is that people fear change intrinsically. Also they want to avoid anything that could kill property values. Plus there it is just competition in general that people view incorrectly as zero sum.
- deleted 7y ago[deleted]
- Retric 7y agoFeedback loops like transistors increasing economic efficiency to pay for more transistors are unusual. Sure, over the long term markets change, but day to day most competition approaches zero sum. Americans are only going to pay for and consume so much food each year. That may move around a little, but mostly it’s a question of competition between food producers not expanding the market. Entertainment competes for only so much free time and disposable income etc. Now as productivity increases people may have more disposable income, but Disney can’t really influence how much money people have.