The Modern Distributive Process

The Modern Distributive Process

Studies Of Competition And Its Limits, Of The Nature And Amount Of Profits, And Of The Determination Of Wages, In The Industrial Society Of Today (1888)

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The Modern Distributive Process: Studies Of Competition And Its Limits, Of The Nature And Amount Of Profits, And Of The Determination Of Wages, In The Industrial Society Of Today (1888) is a book written by John Bates Clark. In this book, Clark provides a comprehensive analysis of the modern distributive process in the industrial society of the late 19th century. He examines the nature and limits of competition, the amount and nature of profits, and the determination of wages in the contemporary economy. Clark argues that the distribution of income is determined by the productivity of labor an...