The simple math of the Yard-Sale Model shows that if everybody started out with equal money in a fair economy, the outcome tends toward one person holding all of the money. The cool graphical simulations on this page demonstrate why.

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[–] 1 point 8 months ago* (last edited 8 months ago) (1 child)

Labor has value. You have access to some amount of labor each week that you value at [your salary]. Your employer values your labor at [some higher value, because they only pay you if they believe you'll bring in more money than you cost] and thus "wins" at the trade.

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