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RE: Some Thoughts on Steemit

in #steemit7 years ago (edited)

There is something called the Pareto distribution that explains the phenomenon that a few usually make most of the profits as well as doing the most work.

I see this as being true in most places. Employees tend to work this way, its usually about 25% of the total number of employees who do 40% of the work for a company.

I also see this with video games as well, you tend to see a handful of hardcore gamers that literally base their lives around the game and accomplish most of the games content in a very short amount of time and are always hungry for more. These players tend to amass lots of in game wealth.

If you look at the players in overwatch, the best players in ranked play make up something like 10% of the overall playerbase, these people play more than everyone else.

I dont believe there is a way to solve this, some people simply are better than everyone else in ways that compliment a medium. Either it be work or play, there is little hope for equality of outcome in a natural environment sadly.

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Almost Darwinian in description. I tend to agree.

Oddly, I seem to be the guy on the job doing all the work... LOL Now I know why.

This is not the Pareto distribution, because that would imply they were actually doing something of value. In the Pareto distribution, only a few need to be productive, and the rest can live off of their production.

This is a class system, rather than a Pareto distribution. Think of the top earners as a mix of hard working people AND parasites. You will find that some people in any society earned their way, and many others scammed. Those that scammed are parasitic, and they manipulate the social system so that the actual producers are working for their benefit. Class systems develop strictly because parasites wish to control wealth. People who actually earn their wealth do not involve themselves in control schemes, because they have no such need. Eventually, the parasites rise to the top and control everything. This is how any master/slave system forms, and it never lasts because the producers eventually recognize the game and usurp the system.

The Steemit plutocrats are just like typical aristocrats. They don't do anything of value. They just funnel the wealth through the system like parasites.

It is better to recognize that the Pareto distribution is a way to describe the # of productive people in a system vs the number of parasites. In Steemit, without actual statistics it appears like we have 90% contributors, and 10% parasites. The reason so many contributors aren't getting any wealth is because this is not a merit based system any longer. The Pareto distribution only applies to merit based systems.

Edit: multiple times to resolve very poorly written parts ... ugh

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