On the Relationship between Proportion Principle of Labor Distribution, Market Mechanism and State Economic Adjustment

Abstract

For the scientific understanding and correct adjustment of domestic and foreign economic operations, both academic research and policy-making require the analysis of the relationship between the proportion principle of labor distribution, market mechanism and state economic adjustment. The distribution of the total quantity of labor in proportional fashion is a general principle that can be applied to all social forms. Market mechanism is an important method for implementing the proportion principle of labor distribution, and has played a decisive role in this area ever since the simple commodity economy was transformed into the capitalist commodity economy. State economic adjustment is another way in which the proportion principle of labor distribution can be implemented in a state-regulated economy. In China’s socialist market economy, market mechanism and state economic adjustment work together as an organically integrated whole, implementing the proportion principle of labor distribution through complementary functions and synergic effects.