Re:Never mind the 1 percent Let's talk about the 0.01 percen...
by Enginerrrd on Saturday November 30, 2019 @11:31AM
(#21670616)
Well for starters, such a curve would be fundamentally impossible. You draw such a curve by sorting the data points from wealthiest to least.
But I suppose, adding no additional logic you could have one half of a normal distribution, normalized by multiplying everything by 2 to account for that.
However, that doesn't strike me as a very natural distribution for a self-organized system with some randomness, and exponential growth. Power and wealth always seems to find its way to some type of power law distribution. You could only enforce such a distribution by concentrating power to the most extreme limit of a power distribution to exert control over the rest. And it's likely that for any definition of wealth you could come up with, people would just find a proxy for wealth that isn't counted by which they could start to exert more control.
But I suppose, adding no additional logic you could have one half of a normal distribution, normalized by multiplying everything by 2 to account for that.
However, that doesn't strike me as a very natural distribution for a self-organized system with some randomness, and exponential growth. Power and wealth always seems to find its way to some type of power law distribution. You could only enforce such a distribution by concentrating power to the most extreme limit of a power distribution to exert control over the rest. And it's likely that for any definition of wealth you could come up with, people would just find a proxy for wealth that isn't counted by which they could start to exert more control.