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by knowhy
519 days ago
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> I think that the Pareto Principle is technically true in a lot of fields, but I also feel our society would be a lot better off if we didn’t know about it. I doubt that. From what I understand Vilfredo Pareto introduced it to describe the existing allocation of wealth in Italy on the brink of fascism. He claimed that the crops in his garden followed this principle. I highly doubt that that can be replicated. Ever since people refer to the Pareto principle when they observe a 80/20 distribution. Like it is some kind of natural law. But it is not. At least I have yet to see a scientific explanation why a 80/20 distribution would have any kind of special meaning. Just because some distributions are 80/20 doesn't mean there is anything special about it, a lot of distributions are not 80/20. So I think society would be better off if people would stop acting like it is a natural law and there is nothing to change about it. Paereto distribution is dangerous since it is applied to justify hierarchies in society. And it is just not a good justification. |
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There's pretty much a mathematical rule that states that variables free to have any values tend to distribute themselves like that, just like the one that states that variables that are bounded tend to distribute themselves normally.
Or are you talking about the specific numbers? Because yes, the specific numbers are almost never correct.