4 ms·
> One of its major faults is one must roll the die and do whatever you land on says. Monopoly was based on “The Landord’s Game” and was never meant to teach ec
by nucleardog 3y ago
> One of its major faults is one must roll the die and do whatever you land on says.
Monopoly was based on “The Landord’s Game” and was never meant to teach economic decision making.
It was meant to promote Georgism and demonstrate the power of landlords, for which that “fault” is a feature.
- WalterBright 3y agoExcept it doesn't actually do that, because the game has all kinds of rules to prevent the functioning of the market.
- HWR_14 3y agoWhat rules prevent the functioning of the market? You mean how it just baked the results of market forces into the rents?
- simple-thoughts 3y agoMarkets are fundamentally about choice and trade offs. Monopoly is about runaway power dynamics created through random chance and force (you have to pay rent, you can’t choose not too).
- HWR_14 3y agoThe market isn't in landing on the properties, it's about buying them, trading them and improving them.
- mrguyorama 3y agoPlease tell me which part of the real economy means you don't HAVE to pay rent
- Obscurity4340 3y agoCan you expand on that?
- WalterBright 3y ago1. you cannot increase the supply of property, or build something bigger than a hotel 2. rents are rules. You cannot be creative with rents. I.e. rent control 3. there are no predictable expenses to owning property 4. the only business you can engage in is property 5. there is no supply & demand at work 6. what properties you acquire is completely random 7. the outcome of the game is controlled by a roll of the dice. There is a strategy to Monopoly, but it is very simple, and soon everyone learns it and that ceases to be a choice 8. Not being able to collect rents on mortgaged properties is quite unlike any actual business 9. No interest is paid on debt The biggest divergence from an actual marketplace is it is designed to be zero-sum. Markets are not zero-sum.