What is a zero sum game? The shortest answer is that when you win, someone else loses. When a poker player sits down at a table he is entering into a zero sum game. . One person wins a stack at the expense of the other people at the table
It is an un-thought assumption by many that capitalism is similarly a win/lose enterprise. Does one person's gain necessarily come at another person's expense? Not necessarily so. The first argument against this assumption is evidence we have that the economic pie actually does get bigger over time . If capitalism was just a fight over who got the biggest piece or how to slice the pie more equitably the system would not be productive. We have evidence of real growth in standards of living over the past 100 years and this is in spite of a quadrupling of the world's population.
The author, Philip Stephano, is owner of PrimalTweet a social media marketing company in Bucks County, PA. He is passionate about helping local and regional business around the country to use social media as an effective tool to find local prospects and customers. To learn more about Stephano go to http://about.me/philipstephano
The Capital Corner (www.capitalcorner.org)is a non-profit micro venture capital company that invests in minority owned and small businesses in urban neighborhoods. Our goal is to encourage capital formation in these communities through empowering business owners.
