Company and Efficiency

Author: Yang Yiyong
Publisher:
Publish Date: 1997-01-01
Features: Introduction This is some of the closest question to your wallet: How can "common prosperity" be achieved in the face of widening income inequality? How can "social fairness" be reflected? The "big pot" undoubtedly affects efficiency, but to what extent does unequal distribution affect efficiency? There is a significant disparity in living standards between the high-income and low-income groups. So, should we be vigilant about the various social attitudes that arise from this? The share of personal income in the national income distribution continues to expand. Where is the limit? The proportion of labor income in total income is gradually declining. Does this conform to the laws of economic development?

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