Showing posts with label win win. Show all posts
Showing posts with label win win. Show all posts

Sunday 24 January 2010

Capitalism is not a zero-sum game

Except for a few crooks, the rich do not get that way by making other people poor.

When the rich get richer, the poor get richer as well. 

If it were really true that the rich get richer at the expense of the poor, then since the US is the richest country in the world, by now, they would have created the most desperate class of poor people on earth.  Instead, they have done jsut the opposite.

There is substantial poverty in America, but it doesn't come close to matching the poverty seen in parts of India, Latin America, Afria, Asia, or Eastern Europe where capitalism is just beginning to take hold. 

When companies succeed and become more profitable, it means more jobs and less poverty.