In the last post, I gave vent to all my left-wing righteousness against the growing income disparity. Then it occurred to me — a totally uniform wealth distribution is stochastically unlikely. In fact, it is over seven billion times less likely than one person in the whole world holding all the wealth in the world. That brings me to the topic of this post – what is the most likely wealth distribution?
Most people (who are likely to read this post) think of their financial station as middle class, so you might find it strange that I should say the middle class is disappearing. But the polarization in the wealth distribution of the world is very real, and it is visible at every strata of the society. I would like to convince you by anecdotes and examples before getting logical and formal about it.