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

Arthur Maisel arthurmaisel at gmail.com
Fri Mar 14 03:13:39 PDT 2014

Joanna A said: Dividing by (a-b) is dividing by zero....which is not OK. So I don't know what this "proves"

Of course, it doesn't prove anything, but it does exemplify what happens when you construct a plausible argument from false premises, or more specifically, shift your frame of reference such that the premises, which may be true within one frame are no longer true in the new one.

With your "bottom line", you take us back to what matters.

On Thu, Mar 13, 2014 at 7:36 PM, JOANNA A. <123hop at comcast.net> wrote:

> Bottom line: what these guys are saying is that wealth is not a zero sum
> game. Therefore, some can get wealthy without others becoming poor. It's
> just a coincidence that in the lasts thirty years, the increase in wealth
> for some has coincided with the immiseration of others.
> They want to talk about how everything creates wealth (ideas,
> entrepreneurship, risk taking, blah, blah) except the exploitation of
> labor. A corollary is that the resources that are turned into "wealth" are
> infinite. Talk about the Midas touch!
> Joanna
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