Replace "juvenile" with "a straw man" and you get a much more accurate statement. I believe in redistribution of wealth, but I call it what it is: redistributi

Replace "juvenile" with "a straw man" and you get a much more accurate statement. I believe in redistribution of wealth, but I call it what it is: redistributing money from rich people to poor people. The author dresses it up in fancy sounding (though completely outdated) concepts of "labor" and "capital". Economists also believe in Labor and Capital, they are the variables L and C in macro models. However, we don't believe that there is some eternal battle between the two, because, while people who only own labor would like a better deal for labor, and people who mainly own capital would like a better deal for capital, there is no "deal" to be had. Labor and Capital receive their marginal products, because at the highest level we live in a free market and there is almost nothing the government can do to prevent this. What the government can do is redistribute money from rich to poor. But this probably sounds a bit too socialist for some, so people come up with ways to dress it up in outdated economics. So I would tentatively answer "yes" to the question "are we in this together...?" but with the condition that answering yes does not imply I support the author's bogus economics.