3 ms·
Wealth is not zero sum though. LeBron James being great at basketball doesn't make you any worse at basketball. Jeff Bezos starting a company in his garage sell
by Whoppertime 1y ago
Wealth is not zero sum though. LeBron James being great at basketball doesn't make you any worse at basketball. Jeff Bezos starting a company in his garage selling books online that became one of the biggest in the world worth many billions doesn't make me any poorer. Financial transactions are win-win. That is why there is a mutual thank you when making a purchase. The cafe owner would rather have my 2$ instead of coffee in their pot. I would rather have coffee in my cup instead of 2$. If neither of us thought we would not be better off the transaction would not happen