Question
Big changes can happen to wealth distribution. In the twentieth century those were WWII and the Reagan presidency. Both profoundly changed wealth distribution. Below we
Big changes can happen to wealth distribution. In the twentieth century those were WWII and the Reagan presidency. Both profoundly changed wealth distribution. Below we have an economy undergoing such a transition in periods A, B. Given are decile distributions (example, for the poorest 20% of the population system A pays 4% of the country's wealth to this segment whereas B pays 2%).
CAUTION: The deciles below are cumulative, hence any change is carried forward and felt long after. For example decile 30% have a 3 (9-6) difference. However the difference brought about by 20-30% really is only 1 (9-4 versus 6-2).
% Population% Income A% Income B
1011
2042
3096
401612
502520
603631
704944
806460
908178
100100100
When graphing the above data, they resemble old uneven steps. If system C has the top 10% enslaving everyone else then the distribution no longer resembles steps, but looks like?
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