Market exchange rules responsible for wealth concentration. Next year’s Davos meeting could benefit from physicists’ insights on how new market rules help avoid wealth concentration
Two Brazilian physicists have shown that wealth concentration invariably stems from a particular type of market exchange rules – where agents cannot receive more income than their own capital. The authors concluded that maximum inequalities ensue from free markets, which are governed by such seemingly fair rules. This study, published in EPJ B¹, was conducted by J. Roberto Iglesias and Rita de Almeida from the Brazilian National Institute of Science and Technology of Complex Systems, based in Porto Alegre. This Brazilian city is famous for hosting the World Social Forum, which is designed to find alternatives to economic liberalism. Kompletten Beitrag lesen

