Capitalism is a zero-sum game.
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Capitalism is a zero-sum game.
What that means is, there is a limited amount of money in the world. Yes, governments can print more, but there is a balance to it. Printing too much ruins the economy because suddenly everyone can afford everything, which means nothing is worth anything, then prices get raised, hyper inflation, etc etc.
Except businesses expect "constant, exponential growth."
Well, the math doesn't math. You can't have a zero-sum game with constant growth across all sectors. Eventually cannibalization has to happen.
So companies buy each other. Their stockholders make a fortune and others in the industry lose money. The wealth is transferred from one group of stockholders to the other. From one company to the other.
This is the only way it can happen. All companies have to combine eventually for infinite growth to continue, and then one company and/or person will have all the money and power and control.
And we will all work for that company. Eventually.
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Capitalism is a zero-sum game.
What that means is, there is a limited amount of money in the world. Yes, governments can print more, but there is a balance to it. Printing too much ruins the economy because suddenly everyone can afford everything, which means nothing is worth anything, then prices get raised, hyper inflation, etc etc.
Except businesses expect "constant, exponential growth."
Well, the math doesn't math. You can't have a zero-sum game with constant growth across all sectors. Eventually cannibalization has to happen.
So companies buy each other. Their stockholders make a fortune and others in the industry lose money. The wealth is transferred from one group of stockholders to the other. From one company to the other.
This is the only way it can happen. All companies have to combine eventually for infinite growth to continue, and then one company and/or person will have all the money and power and control.
And we will all work for that company. Eventually.
@CordiallyChloe I completely agree. The biggest problem: Government don’t really print the money. Banks create money “out of thin air” in the form of loans.
Their customers receive this book money, and the bank has the claims plus interest in its books. It is not zero-sum because of the interest. It is the critical problem that has to be compensated “somehow” with other money. And this money is also obtained from loans.
A growth bubble that necessarily has to collapse cyclically in order to be reset by writing off or writing down defaulted loans, while the accrued interest flows as dividends to the banks' shareholders, i.e., upwards.
