In this current politico- socio- economic environment, inequalities have been a glaring unhealthy trait of all spheres of life- whether within countries or between countries or between individuals and classes. This inequity of social status, wealth and power is largely misinterpreted as a failure of society and as an evidence of potential instability. However it is equally true that it is but a natural consequence of human engagement and interactions.Let's understand the cause of this pervading inequality and reason for its emergence in all walks of life.

Have you ever wondered, why 50% of all the wealth of the world is divided between 100 families or so and the remaining 50% is divided among 7 billion people. The answer lies in the Price's Law. 
This steep inequality of wealth distribution exists in every country, irrespective of the economic model that it employs, whether it is socialist model capitalist model or any combination of both. It also exists in spheres of every human creative activity. 

The Price's Law-

It is generally known as the Price's square root law. It states that 50% of the work is done by the square root of total number of employees and the remaining half is done by the rest of the employees. It was given by Derek J. De Solla Price. 
Lets understand the significance of this law with the help of
few examples-

1. Lets say there are 10 employees in a company, then square root of 10 i.e. close to 3 employees do half of the work and the remaining half is done by the rest 7 employees.

2. Now lets say there are 100 employees in a company, then square root of 100 i.e. 10 employees do half of the work 
and the remaining half is done by rest 90 employees.

3. Similarly if there are  1,000,000 employees in a company, then square root of 1,000,000 i.e. is 1000 employees do half of the work and the remaining half is done by rest 999,000 employees.
It means in terms of productivity these 1,000 employees are equal to 999,000 employees. 

As it must be quite clear that the larger the number, the greater the gap is in terms of productivity.


Application of Price's Law-

Not only in terms of productivity, Price's Law is applicable in every sphere of human life. For example, why Mukesh Ambani is so much wealthy while an average Indian in general is poor. The answer rests in Price's law.

Not only in terms of wealth or productivity, the Price's Law
is also applicable in terms of popularity. 
For example- 
We all know the name of Fastest runner in the world- Usain Bolt. But hardly anyone knows the name of the second fastest runner in the world.
Now lets take another example- Christiano Ronaldo and Lionel Messi, they score more goals than the rest of the strikers present in the team even though in terms of skills, the difference is not that glary and of course they are quite popular.

On a more local level, you must have seen some people quite popular in class even though you cannot see anything different in them in terms of social or academic ability.

Conclusion-

Now you know why some videos go viral and some hardly get any views. Why some business are so much popular like amazon and other engaged in the same economic activity aren't (example- Flipkart). The discrepency or difference lies not so much in the talent or substance of the content but because of the social nature of the competition or in simple words just luck. 

In the end, the moral of the law is that if you see any person much successful than you and you are putting twice as much  efforts than him then know that you are not much far behind in matters of talent or skill.The gap only exists because of the social nature of the competition.
Conversely if you are the successful one then know that there is someone behind you who is putting twice as much efforts than you.
That is why it is often said that 'luck determines success' and one can neither take pride in luck nor should feel let down because of it.