Is Wealth a Zero Sum Game?

someevilwhitemen · 2020-12-11T00:58:32+00:00

of course you are wrong !!!! to think about it an easy way think about something concrete

for example if in your land thanks to technology you are capable to grow just by yourself ten times the amount of apples for example , your productivity increase and you have created more wealth. So youre capital increase

today you can buy much more thing than before , so many furniture electricity etc... because the productivity increase so the available capital too and they become cheaper to buy because cheaper to produce

in your example , you cant get it because telephone dont create new wealth but a way to create easily new wealth

Altruistic-Ad-9449 · 2020-12-11T00:59:56+00:00

Your are misunderstanding the term wealth. Wealth is the goods and services demanded. A person with a telephone is wealthier than when he had a only telegraph. the invention of the telephone therefore has increased the total wealth. The flow Of currency is shifted from the telegraph maker to the telephone maker yes but the total wealth of everyone has increased. a society becomes wealthier as goods are produced better, faster, and cheaper. see r/GoldandBlack to learn more about free market economics.

FairlyWhelmed · 2020-12-11T01:03:46+00:00

I think the answer to your title question depends partly on what you mean by "wealth".

Do note that value is subjective.

khaineisthar · 2020-12-11T01:31:48+00:00

If you have no definition of wealth, you are doomed to be played by the system and sucked dry.

(Same thing as happiness, value, it is about your validation system)

It is OK to think wealth as cash, but I think there is need to think beyond that.

As for cash, you can choose Japanese Yen, USD, Chinese Yeun or good old Gold.

Many currency in this world have doubtful value, just because their exchangeablilty.

And

If you take cash as wealth, THEY are going to play you by manipulate the relative value of the currency you hold.

RELATIVE to what? Everything you really care.

Soggytp · 2020-12-11T03:31:23+00:00

Our dollar isn't tied to a standard any more, you print what you need so it isn't a finite resource where there's only so much to go around. Additionally the cost of living and cost of business differs across location and services so it can accumulate in one direction or the other.

Disastrous-Bowl5520 · 2020-12-11T07:55:35+00:00

Not sure if it is related but your question reminds me of Kurzgesat'a video.

https://youtu.be/rvskMHn0sqQ

That's a complex question to be answered. However, I'd say no. It is not a zero sum game.

AriaEarthMars · 2020-12-11T09:47:37+00:00

If wealth doesn't increase due to new technology then we would all still be living in caves with a stick of fire.

CoinSwapTrader · 2020-12-11T16:45:29+00:00

Time and energy is what is being saved by switching from an old technology to a newer one !
The more free time you have because of technology means you are wealthier!

greyman0425 · 2020-12-11T17:06:54+00:00

Trade is not zero sum because you are exchanging value for value.

Civilized Society can be very zero sum. There are only so many jobs, products and services in a given society. That's why when you just printing money without a corresponding increase in the actual amount of products and services to buy you get high inflation. There is only so much available to buy.

There are only so many positions in a society that have status and power. So even in a socialist/communist/fascist non-market societies someone decides who does what and who benefits. Modern re-distributive (communism, socialism) societies end up being modern takes on old school bronze age palace societies which had re-distributive economies. In a society like that, you want one of those jobs where you decide who gets what when.

Title	Is Wealth a Zero Sum Game?
Author	BubblyNefariousness4
Upvotes	9
Comments	15
Date	December 11, 2020 12:25 AM UTC (5 years ago)
Subreddit	Posted in /r/MGTOW
Original Link	https://old.reddit.com/r/MGTOW/comments/kargar/is_wealth_a_zero_sum_game/
Archive Link	https://theredarchive.com/r/MGTOW/is-wealth-a-zero-sum-game.731805 https://theredarchive.com/post/731805

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