I was listening to The Science Show 16. December 2017, and I came upon an interesting piece. I am not a believer in absolute equality of outcome, but on the other hand I believe it has gone too far with our current international capitalists and jewish bankers. Below I have quoted most of the transcript, but if you prefer audio, follow the link above.
“1% of the human population owns 50% of the total wealth. In the Amazon rainforest, 1% of the tree types account for 50% of the stored carbon. Marten made the bold intellectual leap that there might be a common mechanism to account for such a disparate accumulation of resources.”
“In his new paper in the prestigious Proceedings of the National Academies of Science of the United States, Marten argues that the reason lies in statistics. Put simply, as soon as any individual in a group gets hold of just a little bit more than the average, this gives them a disproportionate chance of using that extra bit to gain even more. Conversely, if someone drops below the average, it is difficult to recover, and they tend to be stuck. So, very rapidly just a few get to hold most of the loot. The argument, which is backed by rigorous mathematics, holds equally for trees or people. In the case of people, the inequitable accumulation of resources has little to do with skill, talent, or willpower, although these certainly help. But without these, the wealth distribution will still become very unequal, just through chance. This is sad for those of us who believe in equality, justice, and fairness. But there is some light on the horizon.”
“One possibility is to develop institutions that can act to damp down the fluctuations before they start to run away. This is what happens in Scandinavian countries, which top most lists of happiness indexes. But Marten points out that there is another, often-overlooked possibility, which is to buck the globalisation trend and go local instead. Marten shows that globalisation allows the rich to escape wealth redistribution mechanisms, while a focus on local communities, local industries and local ownership of resources can help promote a fairer distribution of resources.“
This would be a much better solution for us currently, as the money being redistributed wouldn’t be funneled into 3rd world invaders or other harmful state projects.
Here is the actual paper in PNAS.