DYSPEPSIA GENERATION

We have seen the future, and it sucks.

The Zero-Sum Bias: When People Think that Everything Is a Competition

6th July 2019

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The zero-sum bias is a cognitive bias that causes people to mistakenly view certain situations as being zero-sum, meaning that they incorrectly believe that one party’s gains are directly balanced by other parties’ losses. For example, the zero-sum bias can cause people to think that there is competition for a resource that they feel is limited, in situations where the resource in question is actually unlimited and freely available.

This is behind all of the hair-on-fire bloviation about ‘wealth inequality’. The unconscious substrate of this worry is the conviction that if person X has more, then person Y (or many persons Y) therefore have less.

if you give person X $10 and person Y $2, there are dimwits who will argue that person Y is somehow worse off, even when it is objectively obvious that person Y is actually better off.

Many of these dimwits work for the news media.

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