November 11, 2013

A great visualization (but still a misrepresentation)



This is an example of a great visualization that serves the storytelling. However it confuses income with wealth. Income is money earned. Wealth is money owned. They are separate concepts (but often related). Wealth disparity is much higher than income disparity and is much harder to influence.

On a side note, I am glad I don't have care what the "average" American thinks. In fact it matters to very few people what the "average" American thinks. It might matter if you are a national political candidate or a marketing director for a large brand. Otherwise, it doesn't matter.

People's opinions don't matter. Just like a plane landing, it is what it is. Just because you want a plane landing to be smoother (or the economy to be more "fair"), doesn't make it that way. The forces of physics (and the market) create constraints. You can try to change those constraints but most likely you end up frustrated and tired. I suggest to option in or out. Choose to get on the plane (or engage in the market). Choose to work for an organization that has income disparity (or not).

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