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.
  • illume
    4·
    2 years ago

    Overall I really like this stuff! I love mathematics and have always thought about Marxist class ideas in a vaguely mathematical sense.

    Unfourtunately, the article does seem to suggest this socdem “just tax them like 3%” mentality. Oh well, it still gives me a easy response to “we just need a freer market to create a fairer world” people

    • ☆ Yσɠƚԋσʂ ☆OP
      5·
      2 years ago

      Yeah, the conclusions are obviously wrong, but it’s a good tool for explaining why the whole concept of free markets is absurd. Even if you somehow started with a free market, once wealth starts accumulating then the rich will start manipulating the market to their benefit.

      My approach to talking with people about these things is to get them to see that a free market isn’t actually desirable in the first place. The necessary outcome of that is that the market has to be regulated necessitating central governance, which is the government. And then it’s a question of what class actually runs the government.

    • loathsome dongeaterA
      4·
      2 years ago

      To be honest they criticise tax the rich schemes as well:

      I want to point out one more thing in this simulation: Even with redistribution, the wealthiest person in the game is exponentially richer than the poorest. And this emerged out of complete luck.

      I think they were very grounded about the whole thing considering that the model being used is very simplistic.