2 ms·
Lets say we have total population P, fraction of rich q. Total wealth W, fraction of wealth possessed by rich x. Lets say we take txW and give to poor. Share/p
by meanduck 10y ago
Lets say we have total population P, fraction of rich q. Total wealth W, fraction of wealth possessed by rich x. Lets say we take txW and give to poor.
Share/poor : txW/P(1-q)
Fractional increase in wealth of a poor (FI) : ( txW/P(1-q) ) / ( W(1-x)/P(1-q) ) = tx/(1-x).
We assumed all poor have same wealth.
Some quick values for (t = .1 = 10%)
(x, FI)
(10%, 1.11%)
(15%, 1.275%)
(25%, 3.33%)
(50%, 10%)
(75%, 30%)
(90%, 90%)
Lets say 1%er have 25% of all wealth then poor will see 7.5x3.33 ~ 25% increase in wealth if 75% of rich wealth is taken.
Conclusion: everyone loses in a revolution.