Game Theory and the Triumph of Capitalism

Published on: 2012-08-16 01:09:39

When you look at Capitalism you can't help but look at Game Theory. Players can come to dominate the game. Then the idea that capitalism always achieves maximum gain becomes invalid. There is a role of governments to regulate and adjudicate the game. That is not Socialism, but rather makes the "triumph of capitalism" possible.

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