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> you fail to note the creation of a market happens by destroying another This isn’t true. If you go back to the origin of human civilization, economic “output
by thethimble 4y ago
> you fail to note the creation of a market happens by destroying another
This isn’t true. If you go back to the origin of human civilization, economic “output” was limited to survival - food/shelter. Today survival represents an ever-smaller fraction of economic activity. Where did this additional activity come from if it was limited to replace preceding activity?
Similarly real gdp per capita has been increasing since the beginning of time. How can this be possible if the economy is zero sum?