What if Karl Marx had known about the Pareto Principle? The Pareto Principle is better known as the 80/20 rule.
From the Wikipedia link:
It is an axiom of business management that “80% of sales come from 20% of clients”. Richard Koch authored the book, The 80/20 Principle, which illustrated some practical applications of the Pareto principle in business management and life.
Marx analyzed the unfair distribution and blamed capitalism. The rich are robbing from the poor. (The money had to come from somewhere.) This makes superficial sense. The problem is how does one explain the unfair distribution in every aspect of life. Are good movie actors stealing the audience of bad movie actors? Were the Beatles oppressing all the struggling musicians to get ahead? Do tall basketball players oppress short basketball players? No. These groups have more talent therefore succeed.
As someone has written earlier, there are “hate facts”. Is the Pareto distribution a “hate fact”? The very essence of it is explaining the inequality in the distribution of things. People hate inequality. The Marxist says that the problem is the capitalist. Money causes the problem. Do they ever see the problem is the unfair distribution of college professorships? Why are there so few PhDs? Out of those PhDs, why are so few published widely? Are they stealing journal space from the lesser professors? “Adjunct professors and grad students of the world arise!”
Maybe just maybe if Marx had known about the Pareto Principle all the blood shed could have been avoided in communist regimes. He could have explained that the unfair distribution was a fact of life and not due to oppression.