It actually does. If you see wealth as zero-sum, then you start worrying about how to distribute it, as in the Zachary Baumkletterer reductio ad absurdum above (which was amazing).
However, if you understand capitalism and realize that wealth is positive-sum, and that when someone makes money, the world becomes richer, you can avoid making Zachary’s mistake. In other words, you can help people by creating more wealth, not just by reducing your own.
I agree that understanding capitalism and the fact that wealth distribution is not a zero sum game help avoid Zachary’s mistake. I actually thought that was the obvious moral of MrHen’s example but in retrospect its probably not sufficiently obvious to everyone.
When your employer pays you $10, it’s not as simple as him having $10 and giving it to you. You, in part, created that $10 out of nothing.
Otherwise, what would be the point of hiring you in the first place?
That doesn’t really detract from his point.
It actually does. If you see wealth as zero-sum, then you start worrying about how to distribute it, as in the Zachary Baumkletterer reductio ad absurdum above (which was amazing).
However, if you understand capitalism and realize that wealth is positive-sum, and that when someone makes money, the world becomes richer, you can avoid making Zachary’s mistake. In other words, you can help people by creating more wealth, not just by reducing your own.
Right, yeah, I ended up coming to a similar conclusion. (I think. Your input would be valued. :D )
I agree that understanding capitalism and the fact that wealth distribution is not a zero sum game help avoid Zachary’s mistake. I actually thought that was the obvious moral of MrHen’s example but in retrospect its probably not sufficiently obvious to everyone.
I wasn’t trying to detract from his point. I was merely offering a clarification.