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It's sad that we live in a world where reducing poverty is somehow a hot take on society. I do not understand why some people believe it is impossible to rise o
by frockington1 7y ago
It's sad that we live in a world where reducing poverty is somehow a hot take on society. I do not understand why some people believe it is impossible to rise out of poverty without seizing someone else's property. Capitalism is not a zero sum game
- take_a_breath 7y agoOne the whole capitalism is not zero-sum, as we can observe by continued GDP growth. I think a lot of the frustration comes from the feeling that within certain classes, it is zero-sum. Imagine an economy that grows by $1 trillion. Suppose all that wealth goes to a select group (Top 5%). Everyone in the other 95% is essentially in a zero-sum game. If the paths to that Top 5% diminish (low capital gains tax, increasing education/housing costs), it becomes worse. At the same time, the rich are running for political office and supporting things like Citizens United that re-enforce their power.