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Old 05-01-2011, 06:19 AM   #1
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When all the workers contribute a particular percentage of share of income as investment to the National Investment according to their wage income, the ‘Investment burden’ of the low income group of workers will be greater than the ‘Investment burden’ of the high income group of workers. For example if low income group of people contribute Rs. 1,000 as investment out of their wage income of Rs.10,000, their investment burden would greater than that of high income group of people who contribute Rs.10,000 as investment out of their wage income of Rs.1,00,000 because the low income group of people have to sacrifice even the consumption of necessities as their saving power is nil at that wage income and on the other hand the high income group of people need not sacrifice any consumption of goods but only to convert their savings into investment. Therefore, the low income of group of people bear greater ‘investment burden’ for the development of the national economy then the high income group of people. Then it is the economic justice that the ‘more dividend’ should be paid to the low income group of people than the high income group of people on the basis of ‘ investment burden’. More the investment burden means , more the dividend and less investment burden, less the dividend. This distributive justice of dividend will lead the economy towards Egalitarian society.First, the higher dividend received by the ‘low income group’ and the lower dividend received by the ‘high income group’ will reduce ‘Income Gap’ between the two income groups.Secondly, in Democrism, the ‘concept of profit’ will not be used as a tool of exploitation of workers but as a ‘mechanism’ for the establishment of Egalitarian Society in the world.Now the basic economic concept will widen its domain as follows:
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