Matsuyama, Kiminori (contributor) - 2005
the rise of class societies. Even if every household starts with the same amount of wealth, the society will experience … symmetry-breakingʺ and will be polarized into two classes in steady state, where the rich maintain a high level of wealth … fairʺ value of labor. The non-existence of the equal steady state means that a one-shot redistribution of wealth would not …