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I think the interesting point that the article is doing is that contrary to the common assumption the revenue of the 1% didn't grew that much in past decades, h
by eloisant 5y ago
I think the interesting point that the article is doing is that contrary to the common assumption the revenue of the 1% didn't grew that much in past decades, however the revenue of the 0.01% really exploded in the same period of time.
- Applejinx 5y agoThe interesting point is how fractal it is. You can keep going and the 0.00001% will be clobbering the rest of the 0.001%. It's a structural thing we're seeing. That means it'a a fair question, to ask 'is that useful in any sense?'. It's not 'points' we are awarding or measuring, this is the means by which humans interact and survive. It is more of a zero sum game when it's captured by individuals as a way of keeping score. That's non-optimal.