In a free market — where there is private property, free association, reciprocity, and fair play — exchange will only take place if both parties believe they will be made better off by it. Of course, one or both parties may be wrong, and losses do happen, but it’s in everyone’s self-interest to engage in trades that make themselves better off. In that sense, trade in a free market is a positive-sum game — one that allocates scarce resources in a way that both parties gain.
Politics is the opposite. Unlike markets, political power requires physical violence or the threat of physical violence to achieve particular ends. That’s because the only way one person can gain from a political encounter, regulatory or redistributive, is for the other side to lose.
quinta-feira, novembro 26, 2015
Politics Is a Zero-Sum Game
Social Justice versus the Left: