It's good people realize what Adam Smith actually wrote, but this is somewhat naive thinking — if we, say, assume the rich value their status more than their we

It's good people realize what Adam Smith actually wrote, but this is somewhat naive thinking — if we, say, assume the rich value their status more than their wealth in absolute terms, the antagonism comes right back. See https://delong.typepad.com/kalecki43.pdf https://delong.typepad.com/kalecki43.pdf, this isn't the first time we've realized we know how to do a Capitalism that is seemingly better for everyone, and then fail to do it.