Research has shown that, beyond about 10,000, our innumerate reptilian brain tends to “understand” large numbers logarithmically, i. e. people tend to “feel” that a billion is something like a little over 3 times bigger than a million. It, of course, isn’t. But for that reason, the average person has no real grasp of just how remarkably much richer than the rest of us the 0.1% really are, and what the effect would be if that astonishing horde of value, which has been largely sucked out of our economy in the last 30+ years, was more equitably distributed among those who actually produced it, the middle-class wage earners.
Research has shown that, beyond about 10,000, our innumerate reptilian brain tends to “understand” large numbers logarithmically, i. e. people tend to “feel” that a billion is something like a little over 3 times bigger than a million. It, of course, isn’t. But for that reason, the average person has no real grasp of just how remarkably much richer than the rest of us the 0.1% really are, and what the effect would be if that astonishing horde of value, which has been largely sucked out of our economy in the last 30+ years, was more equitably distributed among those who actually produced it, the middle-class wage earners.