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by zsombor 4109 days ago
Someone from the top 5% is more likely to hold their a wealth in equities, then the Average Joe from of the 50%. The top percentiles may be paid more, but they are likely to make far more in the long term on their investments anyways.

In this sense inequality is unavoidable fact of life. Much the same as some people are gifted with genes making them more likely winners in a long distance running contest. Unequal but hardly unfair as long as a fulfilling life is possible regardless of such deficiencies. The problem should be phrased in terms of opportunities and social mobility, instead of inequality.