[lbo-talk] wealth is not a zero sum game

Michael mcatolico at mindspring.com
Thu Mar 13 09:17:59 PDT 2014


Capital, like any product of nature, must be zero sum (think e=mc^2).

Where the apologists obscure this is when they focus on "growth" which is a factor of both scale (more workers being born) and productivity (exploitation or making people and technology/tools squeeze more output out of similar input).

Given that production has to be zero sum, it stands to reason that distribution of profit is mathematically, irrefutably zero sum. 

Michael



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