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satvikpendem
16 days ago
Wealth is a positive not zero sum game. It is not transferred except in the most literal cases like lotteries and casinos.
1 comments
WalterBright
16 days ago
Gambling is not a transference. The gambler is buying a chance to win money. It's an equal value for equal value.
Zero sum are things like taxes, where the government just takes it, or robberies.
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satvikpendem
16 days ago
In casinos you transfer your money to the eventual winner, a 1:1 transfer minus the house's cut.
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Zero sum are things like taxes, where the government just takes it, or robberies.