Inequality and the unequal distribution of wealth is inevitable

Wealth inequality is a terrible thing but any attempts to distribute wealth equally across society will always fail. Any kind of creative production and trading activity always results in a Pareto distribution of goods and wealth. The rich always get richer and the poor always get poorer. It doesn’t matter whether it’s a game of Monopoly or a global economy, the Pareto distribution universally applies.

This doesn’t mean that we shouldn’t attempt to tackle inequality and poverty, but it absolutely does mean that we need better economic models to understand the complexity of distribution and how to effectively intersect into those systems. Inequality might be inevitable but that doesn’t make it unavoidable. And although the answer isn’t as simple as the redistribution of wealth, that shouldn’t stop us from looking for the answer that works, in fact it points us in the right direction.