The market might be efficient in allocating resources but not in distributing income, he wrote, making it necessary for society to intervene.
Kim Young Sam has pledged to change tax policies to distribute income more equitably.
Thus, two types of economies have different capacities for innovation and tend to distribute income and employment differently.
Mutual funds are required by law to distribute to shareholders all capital gains and income from dividends and interest.
It owns properties in the village, and distributes income annually to students, to pensioners, and to the church.
Family Trusts are often used to distribute income to beneficiaries in an attempt to achieve the most desirable tax outcomes available to the members of the trust.
In this case, society would want to distribute income to the poorest individuals until all incomes were equal.
Western Europe, distributing income more evenly, has continued the struggle for more leisure time, although the wealth to pay for it has diminished.
Some people want a trust used for education expenses, while others direct trustees to distribute income only when heirs fall below a certain standard of living.
It does pledge to distribute income from the fund's assets, but makes no promises how large that income will be.