Author(s)

Masayuki Matsui^1,2

¹The University of Electro-Communications, Tokyo, Japan.
²Kanagawa University, Yokohama, Japan.

Since Industrial Revolution and the division of labor, the wealth of nations is more and more increasing. Although the smaller division of labor is better in GDP, but mass production with larger lot (quantity) is better since Fordism and the division of quantity (lot-size Q, 0<Q<∞) is well-known to be worse in manufacturing, for the sake of the larger set-up with penalty. This paper presents the progressive discipline for the contradiction on modern economic growth in the lot-sizing scheme. The theory would govern over from mass-production (larger Q), mid-lot (EOQ) and disparities (smaller Q), toward next to sharing equilibrium (0<Q<1). Especially, the Nash’s condition for the case of Q < 1 could be obtained by the duality of flow line vs. job shop. This theoretical review would give the further wealthy development to the gap-wider society of artifacts in the future, and point out that the shared society too could be balanced on the base of the harmonic mean under Industrial-financial capitalism.

Economic Growth, Lot-Sizing Scheme, Matsui’s Equation, Sharing Economy, Nash’s Equilibrium

Matsui, M. (2018) A Theory of Modern Economic Growth toward Sharing Society. Theoretical Economics Letters, 8, 675-684. doi: 10.4236/tel.2018.84045.