4 ms·
I don’t think it’s possible to fix wealth inequality in any reasonable way. Here’s a trivially simple numeric simulation of zero-sum economy of 100k people: htt
by Const-me 5y ago
I don’t think it’s possible to fix wealth inequality in any reasonable way. Here’s a trivially simple numeric simulation of zero-sum economy of 100k people: https://gist.github.com/Const-me/4b9b4372ba37c03feaf2f1475b10845e https://gist.github.com/Const-me/4b9b4372ba37c03feaf2f1475b1...
Typical output:
10%: $10
20%: $20
Median: $70
80%: $165
90%: $235
99%: $475
99.9%: $705
Top 10 list: $1280, $1255, $1245, $1070, $1020, $1010, $1005, $995, $990, $965
So, after starting with $100 / each and doing large count of absolutely fair random transactions, we arrived at 10% of poorest people have less than $10, the median is $70, and the wealthiest person having almost 13x the initial amount.
I hope no one is going to accuse the random number generator of being rigged by capitalists at Microsoft. That’s simply how the math works.
Wealth inequality is natural. The real socio-economical issue is poverty, not wealth inequality.