Maximize the Minimum: The Pizza Party Paradox

Choosing the best worst-case scenario is a rational strategy when uncertain about one's position in society. The metaphor of a pizza party illustrates this: if participants can cut the pizza however they like without knowing which piece they'll end up with, they must ensure that even the smallest piece is satisfactory. While cutting equal-sized pieces represents an equitable approach, it may result in a lower overall standard of living. This perspective critiques socialism, suggesting it enforces equality at the expense of greater potential in a restructured capitalist system.