Why the super rich are inevitable
pudding.cool
Why some mathematicians argue the economy is designed to create a few super rich people – unless we stop it.

The simple math of the Yard-Sale Model shows that if everybody started out with equal money in a fair economy, the outcome tends toward one person holding all of the money. The cool graphical simulations on this page demonstrate why.

  • favoredponcho@lemmy.zip
    8·
    7 hours ago

    I think the fact is most people wouldn’t do certain work if they were wealthy enough to have a choice in the matter. The system relies on extreme poverty in order to coerce people into taking jobs they otherwise wouldn’t.

    • chuckleslord@lemmy.world
      4·
      1 hour ago

      Not a fact, an assumption based on an assumption baked into this economic system.

      If I could live on the salary, I would prefer a manual labor job.