Why Wouldn’t Poor People Want Redistribution?

Support for "spreading the wealth" has plummeted during the recession. One reason why:

[P]eople exhibit a fundamental loathing for being near or in last place – what we call "last place aversion." This fear can lead people near the bottom of the income distribution to oppose redistribution because it might allow people at the very bottom to catch up with them or even leapfrog past them.