The multidimensional problem of improving people's welfare

 
PIIS020736760002498-6-1
DOI10.31857/S020736760002498-6
Publication type Article
Status Published
Authors
Occupation: head of bureau
Affiliation: JSC «RSK «MIG»
Address: Russian Federation, Moscow
Journal nameObshchestvo i ekonomika
EditionIssue 11
Pages46-57
Abstract

The article shows that the improvement in people’s welfare is brought about not only by the growth of the labor productivity, but also by such an indicator of product quality as the extension of its service life. It is noted that with the growth of labor productivity, the actual increase in welfare is achievable without wage growth.

Keywordspopulation welfare, labor productivity, product quality, monetary measure of value, intensification of production
Received14.12.2018
Publication date14.12.2018
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