Distribution of Income and Expenditures Across Nations
Social Science and Global Studies
This paper outlines a premise that state social and economic planning in recent decades were the outgrowth of Marxist doctrine, even though Marxism as an economic system failed to materialize. The paper addresses the rise of the New Left with its doctrine of radical economics and its influence for state planning. For this purpose, the paper compares 126 countries grouped by income distribution and income inequality. The findings indicate that richer economies perform better than economies of lesser income in the distribution and equality of income.
Journal of Economics and Finance
(2009). Distribution of Income and Expenditures Across Nations. Journal of Economics and Finance, 34(2), 173-386.
Available at: https://aquila.usm.edu/fac_pubs/21519