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by xoralkindi
357 days ago
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"zero sum: relating to or denoting a situation in which whatever is gained by one side is lost by the other." The data from the Fed show great inequality which can be expected from a zero-sum game. Another example check how under develop DR Congo is in the electronic age, while hardware (and to an extend software) companies are some of the most valuable companies, they all source raw materials from Congo. |
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Capitalism isn't zero sum because at its core principle are transactions, which are inherently non-zero-sum.