Does anyone understand the economics of "equality"?

I think if you put the quotes in there, that is, the economics of "equality", vs the economics of equality, it's a whole different bag of worms.

We're dealing with the economics of "equality" now, and we're in for a world of hurt:

http://www.youtube.com/watch?v=w__PJ8ymliw

There is no such thing as income equality.

In places where the government takes from the rich, the money usually ends up going to politicians instead of the poor.

The end result is more poverty for everyone.

It is a school of economics which claims that no one will go back to work if there is injustice out there.