Data from the World Values Survey suggests the population of high-income countries is getting more zero-sum in mindset. A possible explanation is that GDP growth at the time the cohort was born are correlated—if you see wealth growing you are more likely to believe there is enough for everyone and if you don’t see growth you are are inclined to believe people can only get rich at the expense of others.
Read Are we destined for a zero-sum future? from FT.
- The lump of labor fallacy and why automation doesn’t increase unemployment
- Zero-sum thinking is another form of loss aversion