“If there is any law governing the distribution of income between classes, it still remains to be discovered.”

— Joan Robinson, book An Essay on Marxian Economics

Source: An Essay on Marxian Economics (Second Edition) (1966), Chapter IV, The Long-Period Theory Of Employment, p. 34

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "If there is any law governing the distribution of income between classes, it still remains to be discovered." by Joan Robinson?

Joan Robinson46

English economist 1903–1983

Related quotes

“Marx rejects as “absurd” the contention made by John Stuart Mill, and many of the political economists, that while production is governed by definite laws, distribution is controlled by (malleable) human institutions. Such a view underlies the assumption that classes are merely inequalities in the distribution of income, and therefore that class conflict can be alleviated or even eliminated altogether by the introduction of measures which minimize discrepancies between incomes.”

Anthony Giddens (1938) British sociologist

Source: Capitalism and Modern Social Theory (1971), p. 37.

“Despite a voluminous and often fervent literature on "income distribution," the cold fact is that most income is not distributed: It is earned.”

Thomas Sowell (1930) American economist, social theorist, political philosopher and author

“No conception of democracy as geared toward reducing domination can ignore the relations between the political system and the distribution of income and wealth.”

Ian Shapiro (1956) American political theorist

The State of Democratic Theory (2003), Chapter 5. Democracy and Distribution.

“Classes still remain, and will remain everywhere for years after the proletariat's conquest of power.”

Vladimir Lenin book "Left-Wing" Communism: An Infantile Disorder

CH 5, "Left Wing Communism in Germany. The Leaders, the Party, the Class, the Mass"
"Left-Wing" Communism: An Infantile Disorder (1920)

“Our government belongs to the people. Our property belongs to the people. It is distributed. They own it. The taxes are paid by the people. They bear the burden. The benefits of government must accrue to the people. Not to one class, but to all classes, to all the people. The functions, the power, the sovereignty of the government, must be kept where they have been placed by the Constitution and laws of the people. Not private will, but that public will, which speaks with a divine sanction, must prevail.”

Calvin Coolidge (1872–1933) American politician, 30th president of the United States (in office from 1923 to 1929)

1920s, Law and Order (1920)

“The central theme of this paper is the character and causes of long-term changes in the personal distribution of income. Does inequality in the distribution of income increase or decrease in the course of a country's economic growth? What factors determine the secular level and trends of income inequalities?”

Simon Kuznets (1901–1985) economist

Source: "Economic growth and income inequality," 1955, p. 1

“The Treaty [of Rome] does not touch any of the matters which concern solely England and the people in it. These are still governed by English law. They are not affected by the Treaty. But when we come to matters with a European element, the Treaty is like an incoming tide. It flows into the estuaries and up the rivers. It cannot be held back, Parliament has decreed that the Treaty is henceforward to be part of our law. It is equal in force to any statute.”

Alfred Denning, Baron Denning (1899–1999) British judge

H.P. Bulmer Ltd v J. Bollinger SA [1974] Ch 401 at 418.
Judgments

“The danger is not that a particular class is unfit to govern. Every class is unfit to govern. The law of liberty tends to abolish the reign of race over race, of faith over faith, of class over class.”

John Dalberg-Acton, 1st Baron Acton (1834–1902) British politician and historian

1880s, Letter to Mary Gladstone (1881)

“An invariable accompaniment of growth in developed countries is the shift away from agriculture, a process usually referred to as industrialization and urbanization. The income distribution of the total population, in the simplest model, may therefore be viewed as a combination of the income distributions of the rural and of the urban populations. What little we know of the structures of these two component income distributions reveals that: (a) the average per capita income of the rural population is usually lower than that of the urban;' (b) inequality in the percentage shares within the distribution for the rural population is somewhat narrower than in that for the urban population… Operating with this simple model, what conclusions do we reach? First, all other conditions being equal, the increasing weight of urban population means an increasing share for the more unequal of the two component distributions. Second, the relative difference in per capita income between the rural and urban populations does not necessarily drift downward in the process of economic growth: indeed, there is some evidence to suggest that it is stable at best, and tends to widen because per capita productivity in urban pursuits increases more rapidly than in agriculture. If this is so, inequality in the total income distribution should increase”

Simon Kuznets (1901–1985) economist

Source: "Economic growth and income inequality," 1955, p. 7 as cited in: Anthony Barnes Atkinson, François Bourguignon, Handbook of Income Distribution, Vol. 1. Elsevier, 2000 p. 799

“The law, as to preserve life is that of individuals, is a set of rules and practices … intended to appropriate to the law-makers the produce of those who cultivate the soil, prepare clothing, or distribute what is produced among the different classes, and among different communities.”

Thomas Hodgskin (1787–1869) British writer

Source: The Natural and Artificial Right of Property Contrasted (1832), p. 46

“If there is any law governing the distribution of income between classes, it still remains to be discovered.”

Help us to complete the source, original and additional information

Joan Robinson46

Related quotes

Related topics