5 ms·

Let me know in 30 years. If you had more than 4% annual growth the whole time (on average), and the world grew only 4% (on average), yes you did make someone s

Let me know in 30 years. If you had more than 4% annual growth the whole time (on average), and the world grew only 4% (on average), yes you did make someone somewhat worse off. You may not know who that is, or where, or how many, but they exist. edit: The one who you made worse off might be a billionaire, while you a middle class person. That's why I said it's a different question if it's a bad thing. But the fact remains.

papa_bear 6y ago
That his gains made someone else worse off because he beat the average is a bad assumption.
emteycz 6y ago
To make someone worse off, they need to perceive it as such (not absolutely, but mostly yeah). If I helped them get ahead, they don't think I made them worse off, it's an exchange - and I exchanged value that I created, I didn't need to make someone worse off.