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> for someone to gain someone else must lose equally Oh, you can gain love, satisfaction, respect, and all the other things that money can't buy and it doesn't
by dventimi 2y ago
> for someone to gain someone else must lose equally
Oh, you can gain love, satisfaction, respect, and all the other things that money can't buy and it doesn't cost anyone else a thing, but the minute you gain something that money can buy, you've gained a little bit of trading power within the economy, which everyone else has lost.
> They certainly don't increase in lockstep with economic output, either globally or locally, but neither are they fixed-sum, where for someone to have more someone else must have less in the same degree (except maybe "political power").
Safety from harm and freedom of expression, perhaps, don't come at the cost of others, but those examples were meant to illustrate that some things of value--economic value even--truly are "fixed" and do not increase simply because of progress and innovation. But "political power" is the biggie, anyway. That's the most important one. That's what extremely wealthy people are buying. It's not yachts and mansions. It's political power, which has enormous implications for the rest of us.