Comparing Corona Virus and Wealth Inequality

Both viral and wealth processes follow the mathematical rules of multiplicative growth as you can watch today.

The Corona Virus spreads exponentially. The more people are infected, the more people will get infected in the next period.

Wealth also grows exponentially: today's wealth will be multiplied by a factor in the next period - like interest. As we have shown, multiplicative growth processes tend to be very unequal, so a very small number of individuals will amass most of the common wealth.

The interesting difference between wealth and virus is that viral growth will slow down like today in China and stop some day: when infected people will either be dead or immune.










The growth of individual wealth and the trend to inequality has no such natural limit. Without wealth tax there is no natural limit to inequality. Even death will not limit inequality: in excess of their own death  the rich continue amassing their wealth  passing it to the next generation unrestricted by inheritance tax.


To reduce this immanent inequality we need deliberate wealth and inheritance taxes - now.

The Corona-crisis will further enhance inequality. The Poor suffer more:
https://corona-gedanken.blogspot.com/2020/05/warum-sterben-mehr-arme-als-reiche.html