The wage system and the distribution of power
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The belief that the wage system, the opportunity to earn an income, and the related problem of distribution of power (including wealth) comprise the crux of what in the nineteenth century was called the Social Question, implies that while certain aspects thereof represent intransigient barriers to certain reforms, other aspects permit quite substantial reform. As we have seen, the leadership and incentive systems of society are variable; the fact that some leadership and incentive systems are necessary does not dictate either their substance or the ends to which they are functional. There may be no alternative to the wage system but there are alternate forms of the wage system.
KeywordsLabor Market Collective Bargaining Labor Union Incentive System Modern Economy
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