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.

    • thisisbutaname@discuss.tchncs.de
      link
      fedilink
      arrow-up
      5
      ·
      3 hours ago

      I’m not arguing theft doesn’t happen, at all, and neither is the article. In fact, it explicitly states that the yard-sale model doesn’t represent reality, and doesn’t even claim to do so. It simply shows one underlying phenomenon where wealth accumulates naturally in a random system.