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Wealth inequality in eve.
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Benjamin Arthie
Federal Navy Academy
Gallente Federation
#1 - 2013-03-11 16:52:54 UTC  |  Edited by: Benjamin Arthie
I recently watched a video about the wealth inequality in america that ill find the link for later. I was wondering what you think the wealth inequility is in eve is and what you think the ideal inequality is. Inequality will be measure by how much percent of money the top 1% have. Also if any one had a statistic on it would be great.
i think its at 45%
The ideal for me would be 20-30%
video: http://www.youtube.com/watch?v=JTj9AcwkaKM

trust me im a trader

I'm not a low-sec roamer, i just need to blow off some steam every now and then.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#2 - 2013-03-11 17:11:44 UTC
Benjamin Arthie wrote:
Also if any one had a statistic on it would be great.

There isn't one. Even CCP say they do not have good numbers on this because they don't tend to treat "players" as a thing, whereas they do treat "accounts" and "characters" as a thing. Also much of the wealth of many wealthy players is held in corps who's ownership cannot always be easily attributed to an individual.

I'd love to have good figures for this, but I've never been able to obtain anything useable.

Benjamin Arthie wrote:
i think its at 45%

I think that's way too low. I wouldn't be surprised to find it above 90%.
flakeys
Doomheim
#3 - 2013-03-11 18:06:48 UTC
Bad Bobby wrote:
Benjamin Arthie wrote:
Also if any one had a statistic on it would be great.

There isn't one. Even CCP say they do not have good numbers on this because they don't tend to treat "players" as a thing, whereas they do treat "accounts" and "characters" as a thing. Also much of the wealth of many wealthy players is held in corps who's ownership cannot always be easily attributed to an individual.

I'd love to have good figures for this, but I've never been able to obtain anything useable.

Benjamin Arthie wrote:
i think its at 45%

I think that's way too low. I wouldn't be surprised to find it above 90%.


At LEAST 80% is my guesss.On a sidenote you could and should not compare it to the reall world because in eve anyone can become the 1% on his own.Hell according to CCP's 1% statement a year or 2 ago i was in the 1% and i made all my isk on my own.Offcourse we are a few years further now so beats me how much the 1% should at least have my guess would go towards 1T ... wich would kick me out of the 1% Blink

We are all born ignorant, but one must work hard to remain stupid.
Demolishar
United Aggression
#4 - 2013-03-11 18:28:23 UTC
Hypothetical EVE. There are 1000 characters in EVE owned by 100 players.
9 of the alts has the starting 5000 isk, one has the players total isk stockpile.

Every one of these players can claim he is in the top 90%. Alts really confuse the situation don't they? :)
solarius lunarian
Nebula Tactics
#5 - 2013-03-11 18:32:15 UTC
while this statistic may have meant something before you could buy plex for real money, it really isn't an important question now that you can

for example anyone in the top 1% irl can put themselves into the top 1% of eve whenever they would like
mynnna
State War Academy
Caldari State
#6 - 2013-03-11 18:47:38 UTC
Quote:
The top 0.01% of active characters with >5m SP hold 2.92% of the total ISK of those characters.

Quote:
The top 0.1% of active characters with >5m SP hold 10.73% of the total ISK of those characters.

Quote:
The top 1% of active characters with >5m SP hold 33.21% of the total ISK of those characters.

Quote:
The top 5% of active characters with >5m SP hold 61.85% of the total ISK of those characters.

Quote:
The top 10% of active characters with >5m SP hold 75.41% of the total ISK of those characters.

And finally, "The top 25% of active characters with >5m SP hold 91.22% of the total ISK of those characters."

From last April. Ain't perfect, of course, since it accounts only for isk and not asset wealth which, especially amongst wealthier players, will be substantial. But it's a start, at least.

Member of the Goonswarm Economic Warfare Cabal
Vera Algaert
Republic University
Minmatar Republic
#7 - 2013-03-11 19:05:32 UTC
Benjamin Arthie wrote:
Inequality will be measure by how much percent of money the top 1% have. Also if any one had a statistic on it would be great.

if you want a single number then use the gini coefficient

.
Benjamin Arthie
Federal Navy Academy
Gallente Federation
#8 - 2013-03-11 19:10:55 UTC
mynnna wrote:
Quote:
The top 0.01% of active characters with >5m SP hold 2.92% of the total ISK of those characters.

Quote:
The top 0.1% of active characters with >5m SP hold 10.73% of the total ISK of those characters.

Quote:
The top 1% of active characters with >5m SP hold 33.21% of the total ISK of those characters.

Quote:
The top 10% of active characters with >5m SP hold 75.41% of the total ISK of those characters.

And finally, "The top 25% of active characters with >5m SP hold 91.22% of the total ISK of those characters."

From last April. Ain't perfect, of course, since it accounts only for isk and not asset wealth which, especially amongst wealthier players, will be substantial. But it's a start, at least.



Where are you getting these numbers from.

I'm not a low-sec roamer, i just need to blow off some steam every now and then.
mechtech
Ice Liberation Army
#9 - 2013-03-12 00:07:07 UTC
The problem is that most statistics are strictly looking at isk.

Many players with high NAVs don't keep much liquid isk around. Personally, if I ever end up with too much liquid and absolutely can't find anything to invest in, I'll just add more PLEX to the stack.
mynnna
State War Academy
Caldari State
#10 - 2013-03-12 00:23:22 UTC
Benjamin Arthie wrote:

Where are you getting these numbers from.


It's old data from CCP Diagoras' twitter.

mechtech wrote:
The problem is that most statistics are strictly looking at isk.

Many players with high NAVs don't keep much liquid isk around. Personally, if I ever end up with too much liquid and absolutely can't find anything to invest in, I'll just add more PLEX to the stack.


Case in point: Me. Oops

Member of the Goonswarm Economic Warfare Cabal
Nitrogen Isotopes
Deep Core Mining Inc.
Caldari State
#11 - 2013-03-12 00:43:08 UTC
Benjamin Arthie wrote:
I recently watched a video about the wealth inequality in america that ill find the link for later.


50 isk says it's based off of yearly reported income rather than wealth.
The Greenmachine Greenmachine
Green's Bicycle Shop
#12 - 2013-03-12 02:24:18 UTC
The answer is nightfreeze
Tom Bithoff
OSG Planetary Operations
#13 - 2013-03-12 03:58:58 UTC
Benjamin Arthie wrote:
I recently watched a video about the wealth inequality in [America] that ...
i think its at 45%
The ideal for me would be 20-30%


Wealth inequality isn't "bad" or even "excessive" when compared against people's poorly informed opinions or guesses. The distribution of wealth "should" be whatever it is. What you (and the video maker) are really doing is just inviting people to express their sense of envy, or their oddly overzealous faith in equality.
Syds Sinclair
University of Caille
Gallente Federation
#14 - 2013-03-12 04:11:01 UTC
..The answer is Nightfreeze.

♠ Sinclair Consulting ♠
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#15 - 2013-03-12 08:40:14 UTC
mynnna wrote:
mechtech wrote:
The problem is that most statistics are strictly looking at isk.

Many players with high NAVs don't keep much liquid isk around. Personally, if I ever end up with too much liquid and absolutely can't find anything to invest in, I'll just add more PLEX to the stack.


Case in point: Me. Oops

Same here.

There is no reason to expect that a player's retained liquidity would scale in line with their NAV, so using liquid isk to measure wealth in EVE is no better than using skill points.
Felicity Love
Doomheim
#16 - 2013-03-12 13:00:12 UTC
"Inequality" ... silly socialists... you make it sound like all pilots are born equal... and they are not.

Most beings are born to serve... and the rest of us like it that way. PP

"EVE is dying." -- The Four Forum Trolls of the Apocalypse.   ( Pick four, any four. They all smell.  )
Terajima Kazumi
Perkone
Caldari State
#17 - 2013-03-12 18:00:57 UTC
Frankly, I won't be happy until the 1% own the 99%. I don't mean that we should own 99% of the wealth (we should own all of it) but that we should own the 99% (because we own everything else).
Javajunky
Federal Navy Academy
Gallente Federation
#18 - 2013-03-14 17:44:33 UTC
Honestly the whole wealth inequaility is just a fabrication and distortion by socialists trying to take money from people who earned it and give it to the people who do nothing.

So the big tie in, if you really need one.... Eve and Wealth Inequality...they are based entirely on fiction.
Bad Bobby
Bring Me Sunshine
In Tea We Trust
#19 - 2013-03-14 18:16:20 UTC
Javajunky wrote:
Honestly the whole wealth inequaility is just a fabrication and distortion by socialists trying to take money from people who earned it and give it to the people who do nothing.

It seems to me that the objective of much of socialism is actually to take money away from people who do nothing and give it to the people that have earned it.

Depends on your point and breadth of view, I suppose.
Blueprint Seller
Bring Me Sunshine
#20 - 2013-03-14 18:43:04 UTC
Bad Bobby wrote:
Javajunky wrote:
Honestly the whole wealth inequaility is just a fabrication and distortion by socialists trying to take money from people who earned it and give it to the people who do nothing.

It seems to me that the objective of much of socialism is actually to take money away from people who do nothing and give it to the people that have earned it.

Depends on your point and breadth of view, I suppose.

I do not think it depends on your point of view at all. It depends instead on what theoretical or practical implementation of Socialism you are discussing.

Javajunky however is not discussing Socialism and there is no evidence in his post that he knows what Socialism is. If I was to guess (and I apologise if my guess is wrong) then I would guess that he is an American. If that is the case then he has been brought up in a country where Socialism is something of a dirty word used more often to label things that are not Socialist than to label things that are.

My personal view is that there is much to be admired in Socialism but it is best enjoyed as a small side order to a large helping of Capitalism. The two together taste much better than either alone.
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