Have you ever seen Black Orpheus? Are they miserable?
The Pareto distribution is not a function of capitalism.https://twitter.com/tdveit/status/1460782591393607681 …
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Would you say is a function of skill, efforts & luck?
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Sure. All compounded by inheritance too
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When people criticize
#capitalism, they (sometimes) have valid grievances: increasing wealth inequality, shrinking middle class, inflated cost of living. But all of this should be laid at the feet of#fiat, not capitalism.#Bitcoin
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This
@jordanbpeterson ? Any thoughts on this claim? A lot of the Bitcoiner’s claim that inequality is a result of fiat and not a result of Pareto distribution It seems to easy to blame it all on fiat oppression while discarding other advances during fiat standard - Show replies
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Fact. Applies to nature. "how would u like to equat that" in Jordans' voice
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The goal is to create as many hierarchies of competence as possible, not flatten the hierarchies that already exists. That's what enterpueners do create new hierarchies.
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2 percent of the population has 98 percent of the wealth.
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Vivo en Argentina , un país mucho más pobre que Brazil ; “la justicia social” es una bandera de políticos para justificar el poder absoluto en el gobierno a costa de destruir el único poder propio del pueblo : el capitalismo que le permite generar riqueza y no depender de nadie.
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The pareto distribution is widespread due to the principle of maximum entropy.https://en.wikipedia.org/wiki/Maximum_entropy_probability_distribution#Other_examples …
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