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Right. Nature cares neither about fairness nor work ethic. Wealth distribution is driven primarily by social networks, both at the small scale (getting work or
by vannevar 17y ago
Right. Nature cares neither about fairness nor work ethic. Wealth distribution is driven primarily by social networks, both at the small scale (getting work or financing through acquaintances) and the large (selling a million albums). Profitable niches open up in the network unpredictably, and are quickly filled. We look at the winners and rationalize their success, ignoring the long line of losers with virtually the identical story save for the outcome.