Resourciv: Social Models, Part 2
Well. How quickly did you expect an update? When I ran my inheritance simulation , I also calculated the Gini coefficient of the population’s wealth distribution. The Gini coefficient expresses relative inequality within a population, where 0% represents total equality and 100% means basically one individual holds all the wealth. Partitive Inheritance Land has a Gini coefficient of 15%, while Primogeniture Land has one around 45%. Modern capitalist societies (and, as far as I can tell, most developed class societies) have Gini coefficients of ~80% with respect to wealth and around ~40% with respect to income. I calculated it by dividing the relative mean average deviance in half, but the typical method is by taking a Lorenz curve and doing some calculus bullshit. I don’t want a Lorenz curve necessarily but I want to know what it means for a Gini coefficient to be such and such. Here’s a solution: draw a square and bisect it along the diagonal. Then, in the lower right, draw a smaller s...