IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/16503_8.html
   My bibliography  Save this book chapter

Rethinking income distribution

In: A Modern Guide to Rethinking Economics

Author

Listed:
  • Omar F. Hamouda

Abstract

How can policy interventions achieve their desired goal of alleviating income disparities? Is there an established, universal economic criterion that guides what determines or how to judge “fair†distribution? The economic structure of the twenty-first century is characterized by a production pattern in which capital is slowly eclipsing labour in the creation of added value, rendering a great deal of human participation redundant. In this environment, orthodox economics has little to contribute to the question of who should get what portion of the national dividend, and income redistribution is problematic. Insight from Keynes can help in rethinking the theory of income distribution.

Suggested Citation

  • Omar F. Hamouda, 2017. "Rethinking income distribution," Chapters, in: Louis-Philippe Rochon & Sergio Rossi (ed.), A Modern Guide to Rethinking Economics, chapter 8, pages 153-168, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:16503_8
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781784717209.00018.xml
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Economics and Finance;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:16503_8. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.e-elgar.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.