And does it apply to other economies? I can explain further if need be.
That is basically the zero sum economy theory and it is exactly wrong.
Because we add value to the world when we build and grow, it’s wrong to think one gain is always another’s loss.
Many moves are net positive, even if one group loses. Some moves are neutral. And many moves are net negative, we can both destroy and build. This is the key to realistic assessment of what moves to make and support.
Zero sum economy BS leads to terrible selfish behavior or nihilism. Fight it. We can build it better.
agentTeiko@piefed.social 3 weeks ago
Yeah its called unemployment but the market left reality a while ago. So its not playing by the same rules. The rich just want to get their money and get in their bunkers built before the planet too far gone.
neidu3@sh.itjust.works 3 weeks ago
While true, it’s important to keep in mind that the market can stay unrealistic longer than the ones betting against it can stay solvent. I don’t mean that as a prediction, but as a warning that “crashing any day now” can easily mean in ten days, ten years, or never.