Webcast Q&A: Sunday, 8 May 2011, Question 6
In the live broadcast of Philosophy in Action Radio on 8 May 2011, I answered a question on wealth creation.
Why is wealth not a zero-sum game? If someone makes a profit, doesn't that mean that someone else loses?
My Answer, In Brief: Values are not mere material things: they can be created and destroyed – and they are increased by voluntary trade. As such, profits are the creation of value, not merely the extraction of values from other people.
- Download: MP3 Segment
- Duration: 5:53
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About Philosophy in Action Radio
I'm Dr. Diana Hsieh. I'm a philosopher specializing the application of rational principles to the challenges of real life. I received my Ph.D in philosophy from the University of Colorado at Boulder in 2009. My dissertation defended moral responsibility and moral judgment against the doubts raised by Thomas Nagel's "problem of moral luck."
My radio show, Philosophy in Action Radio, broadcasts live over the internet on Sunday mornings and Wednesday evenings. On Sunday mornings, I answer four meaty questions applying rational principles to the challenges of real life in a live hour-long show. Greg Perkins of Objectivist Answers co-hosts the show. On Wednesday evenings, I interview an expert guest about a topic of practical importance.
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