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I doubt wealth is exchanged 1 on 1 so clearly, there is lot of wealth accumulated in assets that change price for example. Or the commons, a limited wealth up f
by sudoaza 7y ago
I doubt wealth is exchanged 1 on 1 so clearly, there is lot of wealth accumulated in assets that change price for example. Or the commons, a limited wealth up for grabs at the expense of everyone else.
- nabla9 7y agoHypothesis does not rely on wealth exchanged 1 on 1. The idea of modelling is to capture essential features. This model looks at the case where everything is fair and everybody is equal. In the sense it's the best possible world scenario and it demonstrates that inequality builds up even if no player is better than other.