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ECONOMIC LAW OF DISTRIBUTION OF THE LIFE WEALTH FOR LABOR AND THE MECHANISMS OF ITS OPERATION

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PDF: Author(s): Balashova N. N., Vashchenko A. N.,
Number of journal: 2(19) Date: May 2012
Annotation:

In the present article the authors have analyzed the operation of the law of distribution of the life wealth for labor and the mechanism of its implementation in different social-economic conditions. The mechanisms of interconnections of the law of distribution of the life wealth for labor and the incentives for labor have been determined. The original wording of the law of distribution of the life wealth for labor has been provided; as well as the different options of the operation of the economic law of distribution for labor have been proposed and characterized. The authors of the article have performed the structuring of the economic law of distribution for labor.

Keywords:

economic law, income, human capital, salary, revenue, incentive to labor, distribution for labor, working power, labor revenue, publicly required labor expenses, modernization, rent, tax payments, surplus products, cost, surplus value

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