Distribute World’s Wealth Equally? #economy

What if you distribute the wealth of the world equally among everyone? Well, Wealth inequality is not a distribution issue entirely. Individual choices and temperament can’t be neglected. A one-time reset does not change anything. Wealth distribution may sound like choosing altruism over greed, but there is a lot more to it.

WATCH FULL VIDEO HERE: https://youtu.be/x6sLoit6_kM

The video also answers what would happen if you actually go through the process of distributing wealth among everyone. It also discusses scarcity economics, demand and supply, inflation, and various groups inclination with newly found wealth. The video also mentions communism and capitalism .

The video also discusses human psychology and disparity. It also highlights the Pareto Principle also known as the 80/20 rule.

Please share your thoughts by writing in the comment section below.

#equality #money #inflation

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Видео Distribute World’s Wealth Equally? #economy канала Economic Raven