Authors
1
PhD student in monetary economics, Allameh Tabatabai University, Tehran, Iran
2
Associate Professor, Business Economics, Faculty of Economics, Allameh Tabatabai University, Tehran, Iran
3
Associate Professor, Theoretical Economics, Faculty of Economics, Allameh Tabatabai University, Tehran, Iran
4
Professor, Theoretical Economics, Faculty of Economics, Allameh Tabatabai University, Tehran, Iran
5
Associate Professor, Energy, Agriculture and Environment Economics, Faculty of Economics, Allameh Tabatabai University, Tehran, Iran
Abstract
The theories of distribution limit the economic relations of economic actors and determine how to distribute wealth and income among them. These theories can be divided into three parts: pre-production distribution theory, functional distribution theory and redistribution theory. Shahid Sadr has raised detailed discussions regarding all three areas of distribution. Although capitalist economists have also expressed several distributional theories, these theories were initially focused on functional distribution and then focused on examining the dimensions of the distribution of a certain amount of income. The main goal of this research is to analyze the structure and fundamentals of these theories and compare them with Shahid Sadr's distribution theory, to model Shahid Sadr's distribution approach in the framework of the overlapping generations model, and to extract strategic implications for Iran's economy. The results of the research show that capitalist economists are not able to provide a permanent solution to solve the problem of unequal distribution due to adherence to the school principles of capitalist economy (freedom of ownership, freedom of exploitation and freedom of consumption). After defining the intergenerational utility function and the budget constraint of the overlapping generations model in line with Shahid Sadr's distribution theory, it is proved that the capital accumulation is maintained in a dynamic state despite the applied changes and the achievement of a stable equilibrium is also guaranteed with regard to justice.
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