ABSTRACT
The sluggish growth in wages means that the share of income from output distributed to employees is historically low. In the approaches of classical economists, changes in the sharing of added value can occur as a result of changes in the relative prices of the factors of production. The ‘iron law’ of wages would only exist if the social relations were entirely dominated by the entrepreneurs or the conditions prevailing on the markets were pure and perfect competition. Public action in this area also calls for the mobilization of a variety of levers for action: enrichment of human capital through the objective of employability, high-level wage bargaining that is no longer a business or branch but rather the production chain, allocation of savings levied on added value to increase the growth potential, secondary redistribution of income to the extent of a fine identification of the externalities it allows.
