Zero Sum?

From: John Clark (jonkc@worldnet.att.net)
Date: Fri Sep 04 1998 - 09:40:39 MDT


--BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

>k-hat@juno.com wrote:

>> Did I read this correctly? A capitalist economy is a 'zero-sum game' ?
>> Could Mr. Legg please explain in what context this is true?

J. Maxwell Legg <income@ihug.co.nz>

>All money comes into existance as a debt. If all debts were repaid there
>would be no money.

I write a computer program that increases the efficiency of a company and
lowers it's expenses by by 20$. I sell it to the company for 10$. Where is
the zero sum? Who suffers?

John K Clark jonkc@att.net

-----BEGIN PGP SIGNATURE-----
Version: PGP for Personal Privacy 5.5.5

iQA/AwUBNe939d+WG5eri0QzEQIstgCgic/bAsto5Ez92VqumSorEo9BLwIAn3oF
6nNYqsttTUE3efOeDMt6LZaR
=f6gc
-----END PGP SIGNATURE-----



This archive was generated by hypermail 2.1.5 : Fri Nov 01 2002 - 14:49:32 MST