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I did some somewhat similar calculations for my country. What you say is true and doesn't even just apply to the super-rich. The amount of people who have 10 or
by pestilent 10y ago
I did some somewhat similar calculations for my country. What you say is true and doesn't even just apply to the super-rich. The amount of people who have 10 or more times higher income than average is around 1 in 100 people in my country.
So the frequency drops by 2 orders of magnitude as income ratio grows by 1 order of magnitude.
In the US it's perhaps not 1:100, but it's also unlikely to be anywhere near 1:10.
So yes, the average person "suffers" from competition from people who are near their general level of income way more than from competition from rich people.
- meric 10y agoI'd like to point out - the increased participation of people in "soft harems" reduce the number of mates available in monogamy relationships. The resource "Exclusivity * attention" (what a lot of people value) is being destroyed by the increasing number of people engaging in polygamy; the number of monogamous mates available is reduced in the sense that it makes it harder for monogamous mates to find each other in a polygamous world. And inequality is increased - "superstars" have 365 mates instead of just 1.
- pestilent 10y agoI don't think you understood the point, I am not arguing against that. I am arguing that these "superstars" are not important because they are so rare compared to the increased number of partners they can have. They are, as a group, less competition for an average person than middle class people who mostly have from zero to a small number of partners but are very numerous.
- meric 10y agoOk. Good point.