3 ms·
lol, basic econ fail. life is not zero sum. WHEN will people get it through their damn head? there are "sources" and "sinks" in the real world too. people c
by nazgulnarsil 17y ago
lol, basic econ fail. life is not zero sum. WHEN will people get it through their damn head?
there are "sources" and "sinks" in the real world too. people constantly produce wealth, then consume it.
there is also artificial scarcity in real life: government backed labor unions (AMA, Lawyers, Teacher's Union etc), as well as regulation preventing competition in certain fields (medical insurance, banking, food and drug certification, DMV to a limited extent Pennsylvania has a privatized DMV, legal arbitration). I'm sure there's much more.
- cma 17y ago> I'm sure there's much more. There is, and most of it has nothing to do with the types of government regulation you talked about. Most is to do with positional externalities ( http://en.wikipedia.org/wiki/Positional_good http://en.wikipedia.org/wiki/Positional_good ).
- nazgulnarsil 17y agothis is a great point. status does tend toward zero sum, and so people will always simulate it by seeking out goods that approximate zero sum.