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So to summarize, even in an ideal equal world, inequality exists. Just pointing out that the top 20% owns more than the bottom 20% means literally nothing, bec
by monkeypizza 16y ago
So to summarize, even in an ideal equal world, inequality exists. Just pointing out that the top 20% owns more than the bottom 20% means literally nothing, because even in a totally equal world, that is true.
If you introduce random variation into the performance of the stock market, then the ownership of the top 20% would increase even more!