Brief introduction of the third distribution theory

The theory of triple distribution means that income distribution under the condition of market economy includes three distributions: the first distribution is carried out by the market according to the principle of efficiency; The second time, according to the principle of giving consideration to fairness and efficiency and paying attention to fairness, the government redistributes through taxes and social security expenditures; The third time, driven by moral power, it was distributed through individual voluntary donations. The third mode of distribution was first put forward by Professor Li Yining, a famous economist in China, in the book Share-holding System and Market Economy published in 1994.