Why the super rich are inevitable
pudding.cool
Why some mathematicians argue the economy is designed to create a few super rich people – unless we stop it.

The simple math of the Yard-Sale Model shows that if everybody started out with equal money in a fair economy, the outcome tends toward one person holding all of the money. The cool graphical simulations on this page demonstrate why.

  • Lojcs@piefed.socialEnglish
    12·
    7 days ago

    It is not an opinion that people don’t earn money by randomly trading with others, wtf are talking about??

    I’m actually triggered about this

    • Bassman1805@lemmy.world
      1·
      7 days ago

      Labor has value. You have access to some amount of labor each week that you value at [your salary]. Your employer values your labor at [some higher value, because they only pay you on they beyond you’ll bring in more money than you cost] and thus “wins” at the trade.

      • Lojcs@piefed.socialEnglish
        1·
        7 days ago

        This is true and I’ve said so in my original comment. Notice how the boss isn’t winning because they happened to win first in a series of dice rolls