That guy clearly never heard about the Pareto Principle.
E: fuck yeah, successfully triggered all the hexbear tankies. As fun as poking a wasp nest with a long stick. If only there was an online tankie bug spray equivalent…
If 20% of people own 80% of the land or wealth or whatever in a capitalist country then all that shows is that capitalism produces Pareto distributions. That does not mean Pareto distributions are some universal law of nature nor does it mean that non-capitalist systems are impossible.
That guy clearly never heard about the Pareto Principle.
E: fuck yeah, successfully triggered all the hexbear tankies. As fun as poking a wasp nest with a long stick. If only there was an online tankie bug spray equivalent…
If 20% of people own 80% of the land or wealth or whatever in a capitalist country then all that shows is that capitalism produces Pareto distributions. That does not mean Pareto distributions are some universal law of nature nor does it mean that non-capitalist systems are impossible.
The pareto principle was produced by guessing based on anecdotal observations it was never a serious thing