Thoughts from a Therapist

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The Economy Is a Game We All Live Inside

Basketball, Monopoly, and the Psychological Skill of Arguing the Other Side

When we talk collectively about the economy, we rarely sound like a society working on a shared design problem. We sound like rival teams arguing over whose pain counts most. And the result is predictable. The conversation goes binary, turns emotional, and then stalls.

You can watch it happen on any news panel. A group of obviously intelligent people arrives, and instead of organizing around a common objective, they argue — saying things that land emotionally while refusing to build a single principle that honors both sides of the tension. One person says working families can’t afford to feed their children, that people are working eighty hours a week and still drowning. Another answers that the stock market is doing beautifully, that this matters enormously to retirees whose 401(k)s are tied directly to it, and asks how anyone could call the economy a catastrophe when so many depend on exactly that. Neither of them is wrong. Both are describing something real.

So a useful conversation would not be a louder version of the same fight. It would be mediated toward utility. It would begin from a premise plain enough to sound almost disappointing: we are never going to build something perfectly fair. That isn’t pessimism. It’s arithmetic. Which means the real question is not how to make the economy fair, but how to maximize both the perception and the lived experience that it is working for the individuals inside the collective. More plainly, for the country.

That is the design problem. And it asks us to hold tensions rather than convert them into tribes. Two metaphors make it visible — basketball and Monopoly — and beneath both run the same two dialectics that surface in nearly every economic argument: freedom against regulation, and equality against feasibility.

Basketball: why both extremes break the game

Start with basketball.

If we define fairness as strict equality, the game has to be regulated into paralysis. True equality would require every player to be the same height, with the same nutrition, the same conditioning, the same circumstances — and the list never ends, because the moment you correct for one difference another appears behind it. Carried far enough, you’d need an algorithm refereeing every possession, each play stopped and reviewed, every conceivable foul deduced by machine. In the strictest pursuit of fairness-as-equality, the system seizes. There is no game left to play.

Now flip it. With total freedom, you’d be dribbling up the court and someone would simply punch you in the face. They’d field five excellent players against your twenty, pay the referees to swallow their whistles and call everything against you. That is freedom without regulation, and it ends the game just as surely.

So basketball shows us something we rarely say aloud in economic argument: both too much and too little break the system. Rigidity breaks the game. Chaos breaks the game. Neither pole is the answer; each is a distinct way of failing.

Economics as a game, and the believability that keeps it alive

Bring that into the economy, because economics is essentially a game — a system in which participation is met with reward. In basketball the reward is baskets and wins. In economics it’s financial compensation, and beneath that, stability, mobility, access, security. And most of us want to believe a particular thing about how the reward gets distributed: that competence matters, that work ethic matters, that skill matters, that some values matter — that these things, in some meaningful measure, shape whether we can win.

So the working question becomes which rules help make that believable and which ones get in the way. And the basketball frame makes it obvious that neither side is irrational. The freedom side is naming something true. The regulation side is naming something true. The problem isn’t that one camp has lost its mind. The problem is that we treat the dialectic as a war instead of a design constraint. Because the instant we travel too far in either direction, the same thing happens. The game breaks. And when the game breaks, participation leaves with it.

In basketball, people stop playing. In a country, people stop participating in any real way, because they no longer believe they can win. Futility wins. When people stop believing that effort can reach outcome, disengagement stops being a mood and becomes a rational response.

Monopoly: how advantage compounds when no rule governs it

The second metaphor is Monopoly, and it’s revealing precisely because it more or less is the game of capitalism. It isn’t chaos. It has rules; it’s regulated in a basic way. But it doesn’t fully control for chance, and once you’ve gained an advantage, there is essentially no rule that governs advantage itself. That absence is how you win. You accumulate, momentum builds, and by the end the other players have nothing. A board game built to imitate capitalism reliably ends with one winner and nearly everyone else emptied out, once the advantage starts to compound. The arc becomes predictable.

Monopoly does try to regulate equality at the start. Everyone begins with the same money. We could name a hundred other variables, but the designers controlled for that one — as if they understood you need at least a gesture toward equal starting conditions, or the game would be intolerable before it began. And then it unfolds in a way that doesn’t merely permit inequality but widens it.

I’m not arguing a side here. We’re examining variables so the discussion can mean something. If we wanted the game to function as fairly as possible without destroying itself, what rules would have to exist? Full equality is impossible — but a game that comes to feel like a foregone conclusion is also one no one can sustain. So the questions worth sitting with are simple to ask and harder to answer. Does everyone actually hold two dice? Are the chance cards, in the real economy, actually chance? If I want to buy the house and put it on Broadway, do I have genuine access to that square — the feature of the board standing in for the real game? When some players begin with far more, does it still feel playable to the rest? And at what point does advantage quietly become self-perpetuating?

The missing move: argue the other side

So how does any of this lead back to more functional conversations about the economy? Here I’d bring in a therapeutic intervention I use constantly. Have people argue the other side.

If I were running that panel on CNN or Fox or anywhere else, I’d interrupt the performance and ask for something specific. We already know you love explaining why too many rules — everyone must be five-foot-ten — ruins the basketball game. Now argue the other side. Show me that if a player walks on, punches someone in the face, and no rule exists to stop him, the game disappears just the same. Show me you can think dialectically rather than advocate tribally.

Because the inability to argue the other side usually means something has happened underneath the argument: you’ve become fused with your position. Your identity has moved inside it. Your nervous system is defending it. And once that’s true, the goal is no longer collective utility — the goal is simply to win. So I’d point the participants back toward a shared aim: how do we make this board game work as well as it can for all of its players? And since you already lean one way, I’m going to hand you the harder seat. Argue the other side. Not to surrender your values. To prove you can still think.

What this changes

None of this dissolves disagreement. It makes disagreement productive. It forces the conversation to mature past binary moral argument and back into systems design, and it lets us name what each side is actually protecting. Freedom protects movement, innovation, incentive, agency. Regulation protects fairness, legitimacy, safety, and the possibility of meaningful participation. Both are guarding something worth guarding.

And it lets us say the plain thing without shame or ideology. Too much rigidity breaks the game. Too much chaos breaks the game. The real work, then, isn’t choosing a pole and calling it virtue. It’s building the rules that keep the game playable — believable — for the people living inside it.

Because when a large share of a country concludes that it cannot win, cannot move, cannot participate in any way that matters, the response isn’t only anger. It’s detachment. And once futility becomes culturally ordinary, even good solutions struggle to find purchase. Which is why this was never only an economic conversation. Underneath, it has always been a psychological one.


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William Bishop, LPC, LMFT, AAMFT Approved Supervisor

William Bishop, LPC, LMFT, AAMFT Approved Supervisor

“Greetings! I am an Online Psychotherapist, Coach, Supervisor, and Consultant based in Steamboat Springs, Colorado. In addition to running a private practice, I write a blog offering free insights on relationships, philosophy, wellness, spirituality, and the deeper questions of life. My goal is to provide meaningful support to anyone seeking clarity, growth, and connection.

If you’re interested in online therapy, coaching, supervision, or consultation, I invite you to visit SteamboatSpringsTherapy.com. There, you can learn more about my services and how we can work together. Whether you’re looking for practical guidance or deeper transformation, I look forward to connecting with you.”