Full text: Notizen - Wealth and Income Distribution

continued:    But in capitalism remains dominant,
so that the position in other ?
is soon turned into wealth ( byvia the income?)
On the other hand, in our nature capitalism,         
the manager class eats into the old wealth,
acquiring, however, new wealth in their turn.
The position in ? is acqired-that means of
course the process of social ? with
its transition probabilities
in the ? relevant stochastic process.
The hierarchy, so Simon, is ? to information-
i.e.the need to economize is ??

to reduce the number of ?, leads to hierarchies.

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