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by themetrician 3888 days ago
In other news:

Top 1% singers better than the remaining 99%.

Top 1% sprinters better than the remaining 99%.

Top 1% producers better than the remaining 99%.

Where's the surprise here? It's a variation of Sturgeon's Law.

EDIT: the top 1% of wealthy americans are better producers than everyone else, yes. They are not better people than everyone else, no. How is this so hard to understand to HN-level people?

4 comments

I don't think you read the stats right to be honest. The top 1% of producers aren't better than the other 99% combined.

And another point: I don't think all of Sam Walton's kids are even in the top 1% of producers even though they are at the very tip-top of wealth owners.

And the top 1% of owners don't have the same wealth as the other 99% in other countries, or even in this country in the past. It's not a normal thing at all.

Oh well if the top 1% are better than the rest of us, then what are we 99% "crap" people complaining about? /s
So you posit that the top 1% of wealthy americans are "better" than everyone else?
Actually, if you look at those lists, the top 1% are better inheritors than the remaining 99% (combined).