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0 sats \ 5 replies \ @037447d9ca 14 Jul \ parent \ on: The world's poor get richer charts_and_numbers
Wealth is a zero-sum game. if the wealthy become 10x wealthier and the poor become 2x wealthier, then some other entity have become 20x poorer, usually mother nature, animal species or indigenous tribes.
Wealth is not a zero sum game. That's so nonsensical if you think about it.
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Yeah, if it were, then blowing up your house, i.e. the destruction of your own wealth, would return that wealth to someone else, another species, or mother nature. But it doesn't.
Wealth creation may involve the extraction of raw materials, but most of the wealth comes from what you do with those materials. Fixing a bicycle creates wealth, and who loses from that?
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Blowing up your house would transfer the wealth to the mold and plants that would colonize it after its destruction.
A "fixed" bicycle is a subjective appreciation of wealth, someone can consider that you ruined it with your fix and value it more in what you consider a broken state.
Resources have a more objective and consistent value, that's where the zero sum applies.
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A "fixed" bicycle is a subjective appreciation of wealth, someone can consider that you ruined it with your fix and value it more in what you consider a broken state.
What someone else's subjective valuation of the fix is is irrelevant. It's not their bike.
Mold and plants? There is plenty of them, feeding an additional kilo of mold is not going to increase productivity.
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This should be downzapped 1 billion sats
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