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What economics is he lacking? Are you arguing that the economy is zero sum?
by MCRed 12y ago
What economics is he lacking? Are you arguing that the economy is zero sum?
- deeviant 12y agoRegardless of whether the economy is zero sum or not, it is trivial to see that not everybody can be rich. So even if everybody did the "right" thing, not everybody would be rich, or even wealthy. See: the world GDP divided by world population.
- deleted 12y ago[deleted]
- yellow_and_gray 12y agoThat's not exactly true. The world GDP divided by world population is a snapshot of the current state of the world today. It's not a snapshot of everybody doing the "right" thing. It's also not a snapshot of everybody doing the "right" thing in 1000 years from now. You are excluding possibilities.
- Crito 12y agoBut this conversation isn't about being rich. It is about not being poor. There is a world of difference between the two.