What is the sociopolitical significance of income shares; that is, what might income shares tell us about the overall character of our society? What implications might income shares have for economic stability? For economic growth?

What will be an ideal response?

The greater degree of income coming from property income, the greater amount of income is earned by the wealthy who own the land, capital, and entrepreneurial resources. Unless wealth is very evenly distributed, which it is not, the greater amount going to property income means more inequality in the distribution of income. It also means, of course, a lesser share going to labor. Since profits, rent, and interest income tend to be less stable than labor income, the greater the share going to these income forms, the greater the economic instability. The promise of profits and a return on capital are vital for economic growth. At the same time, there seems to be a certain stability in the relative shares going to labor and capital over time, which would suggest that labor needs to maintain its share as incentive for increasing productivity. In other words, the owners of all types of resources, labor, land, and capital must have the promise of income reward for a healthy, growing economy.