Working class consciousness

Working Class consciousness (in other words envy and covetousness) runs into economics: “The Chamley-Judd Redistribution Impossibility Theorem” which tells us that redistribution from capitalists to workers is impossible, and trying to do so merely buggers the economy making everyone worse off. This conflict between reality and ideology brings you nazism and communism. The Chamley-Judd Redistribution … Continue reading Working class consciousness