A better distribution of incomes would increase that…
“A better distribution of incomes would increase that efficiency by diverting a great fund of wealth from the useless to the useful members of society. To cut off the income of the useless will not impair their efficiency. They have none to impair. It will, in fact, compel them to acquire a useful function.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Redistributing wealth from those who contribute little to those who can use it productively boosts overall societal efficiency.
In simple terms: Wealth reallocation raises productivity.
Key Takeaway
Targeted redistribution improves output.
Themes
economic efficiency
wealth redistribution
social utility
productivity
policy
Mood
critical
analytical
Type
policy statement
economic observation
When to use this quote
- government fiscal policy
- tax reform
- social welfare programs
Key Concepts
income inequality
resource allocation
social engineering
Practical Applications
- public budgeting
- economic development planning
Questions to Reflect On
- How does wealth redistribution affect innovation?
- What defines a 'useful' member of society?