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Wealth is a positive not zero sum game. It is not transferred except in the most literal cases like lotteries and casinos.
by satvikpendem 5mo ago
Wealth is a positive not zero sum game. It is not transferred except in the most literal cases like lotteries and casinos.
- WalterBright 5mo agoGambling is not a transference. The gambler is buying a chance to win money. It's an equal value for equal value. Zero sum are things like taxes, where the government just takes it, or robberies.
- satvikpendem 5mo agoIn casinos you transfer your money to the eventual winner, a 1:1 transfer minus the house's cut.