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MUST READ: The Pareto Threshold

“Those who cannot remember the past are condemned to repeat it.” – George Santayana 1863 – 1952

by Jeff Nielson, Bullion Bulls Canada:

Human history is a depressing cycle of repetition. Societies/economies rise; societies/economies crumble. The patterns of these cycles are virtually identical, yet living through thousands of years of this “history”, we have learned nothing.

Indeed, our understanding (and thus our “memory”) of history is worse than useless, as it is characterized by fundamental misconceptions which guarantee the repetition of this Cycle of Futility.

Ironically, just a few years before Santayana’s time, an economist (and Jack-of-all-trades) named Vilfredo Pareto was born (1848 – 1923) in Italy. Pareto himself was not a “thinker” he was an observer. What Pareto observed around him was that he quite often encountered bizarre “80/20 splits” in the allocation of a particular resource (or resources), where a 20% minority held an (inverse) 80% share – while the 80% majority held only a 20% share.

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1 comment to MUST READ: The Pareto Threshold

  • Rudenewt

    So it sounds like you’re saying in order to avoid the cyclical killing of the people that wealth tends to accumulate with everyone has to remain poor to get the biggest bank for the buck. Hmmm, let’s call that communism and see how it works out.

    How about this; suuuuure we can change thousands of years of human nature by just thinking hard enough and using the internet. Yeah! well use a “different form of consciousness” instead of the one that created the problem. Just a small speed bump, humans created the problem cause it’s who and what we are, so we just …. uh, ummm, Kill all the humans?!? Maybe the NWO is onto something here. (or maybe they’re the rich guys trying to avoid the inevitable outcome)

    Or maybe wealth tends to accumulate to the smarter and harder working (and the unscrupulous of course) and the vast majority of humans simply hang out until they can’t tolerate the overactive accumulators anymore and then kill THEM and redistribute the wealth. Sounds like a self curing problem to me.

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