4.6 • 34.5K Ratings
🗓️ 4 November 2021
⏱️ 66 minutes
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0:00.0 | Welcome to the Jordan B. Peterson podcast. I'm Michaela Peterson. We're moving to one |
0:05.0 | interview per week, released on Mondays, and a compilation podcast surrounding interesting topics |
0:11.1 | on Thursdays. In this episode, we investigate the principle set forth by Velfredo Perrito, |
0:18.0 | an economist born in 1848, which specifies that 80% of consequences come from 20% of the causes, |
0:25.1 | asserting an unequal relationship between inputs and outputs. This principle serves as a general |
0:30.5 | reminder that the relationship between inputs and outputs is not balanced. The Perrito principle |
0:36.0 | is also known as the Perrito Rule, the 8020 Rule, or the Matthew principle. That often uses the |
0:42.0 | principle to demonstrate the harsh reality that inequality is not a simple issue, and therefore |
0:47.0 | has no simple answer. The final section of the podcast is taken from Dad's 2019 lecture titled |
0:53.0 | The Deeper the Abyss, the Brighter the Light. And it makes up a long section towards the end of |
0:57.4 | the episode. Please note that even though it moves away from the direct discussion of the principle, |
1:02.0 | the remaining section of the lecture is how we can move forward, now that we can see the |
1:06.3 | Perrito principle at play, I hope you enjoy this episode. |
1:27.3 | The system in Russia, the Soviet Union, which was a collection of states, an empire, and the |
1:34.8 | system that Mao established in China, and the system that still exists in Korea as a remnant |
1:41.6 | of the Cold War, and systems in Southeast Asia and in Africa were all predicated on Marxist |
1:50.8 | presuppositions, presuppositions that were utopian in nature, and that posited a utopian future where |
2:02.6 | the property was held in common, and everyone had enough, and everyone was called upon to do what |
2:09.9 | they could, from each according to his ability to each according to his need, which is a lovely |
2:16.4 | sentiment, and you can imagine how it would be attractive even intellectually, because of course |
2:23.2 | other systems, all other systems produce vast disparities in income. It's like a natural law, |
2:31.5 | it's actually governed by, you can model it with a distribution called the Perrito distribution, |
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