The Role of Financial Education and Money Management
One of the key factors contributing to the redistribution paradox is the disparity in financial education and money management skills among individuals. People with a solid understanding of personal finance, investment strategies, and long-term financial planning are more likely to accumulate wealth over time than those without such knowledge. Thus, even if wealth were initially distributed evenly, differences in financial aptitude would likely lead to a gradual re-concentration of weal
th.