Title: The Distinction of the Distribution Ways and Human Capital Contract
Abstract: The paper holds that the distribution ways are not decided by the forms of social system but by the forms of contract decided by the game between human capital and capital owner. The paper first offers a strict definition of three ways of distribution under the current market premises, explaining the relation between the three ways of distribution and the three forms of contract; then it introduces the concept of human capital to illustrate the determination of real contract forms, introducing a sample of investigation to prove the conclusion above. Finally, it briefly analyzes the wage system and theories of western countries and explains that in the history of China there has never been any strict definition for distribution according to work.
Publication Year: 2004
Publication Date: 2004-01-01
Language: en
Type: article
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