The Definition, Evaluation And Coordinated Interaction Mechanism Of The "Livelihood Wealth System"

As the material basis for improving people’s livelihood, wealth has its historical characteristics, the content and structure of wealth should change with the change of the value-oriented livelihood. In the period of building a well-off society in an all-round way, in order to meet people’s more comprehensive needs, we must change the means of wealth development, breakthrough the economics visual angle of pursuing the numerous one-dimensional commodity wealth and shift to the quality of livelihood-oriented three-dimensional wealth constituted with commodity wealth, nature wealth and knowledge wealth. To promote the wealth theory more reasonable, more scientific and more humane in the post-reform era, we in-depth explore the inherent relationship and the evolutionary development mechanism of "Livelihood" and "Wealth" under the guide of Marxist theory with the combination of classical wealth theory abroad on the basic of China’s historical position. Based on the above theoretical analysis, we establish a new concept "Livelihood Wealth System" covered economic, social and ecological sub-systems by the method of historical experience analysis, induction and deduction. Further, the basic elements of the system are mainly reflected in three points:(1) Livelihood Utility; (2) Intergenerational Differences; (3) Coefficient of Coordinated Development.On the basis of clear definition for the new concept’s ("Livelihood Wealth System") connotation and extension. We build the evaluation system to test the coordinated development degree of "Wealth" and "Livelihood". As it involves a wide field and the audition process of the index is with a certain subjectivity, we choose the rough set theory which is objectivity to select and weight the characterization indicators (Wealth) and intention indicators (Livelihood) respectively, then we get the development degree of China’s "Livelihood Wealth System" between 2000 to 2011 through "Livelihood Wealth System Barometer". From the empirical results, we get that the value of people’s livelihood does not correspond with the development of wealth, it generally stabilizes at intermediate stage, this is an uncoordinated approach to developing in the long run.To further validate the existence of "Livelihood Wealth System" and achieve the conditions of its coordinated and sustainable development, we analyze the internal mechanism of coordination and interaction between the various subsystems on the basis of the numerous literature and China’s reality, then we build the theoretical model of the system’s expanded reproduction by using the stochastic dynamic method. By Lyapunov function, we can verify the existence of the system, and from the results we get that each subsystem’s expanded reproduction must be reasonable, any subsystem’s overproduction may cause the "Livelihood Wealth System" breakdown. This conclusion not only provides a revelatory significance for future research but also help us to combine the empirical evaluation results to put forward policy recommendations for the wealth structure conversion in the post-reform era.