• What is the marginal productivity theory of income distribution and how is it consistent with the idea of rewarding those who contribute more to the success of the firm (and by extension society)?
• Do you personally believe (based on your perceptions and experiences) that most people are paid based on their marginal contributions, why or why not?
• What role could incentives/penalties play in ensuring that high performers are rewarded in an organization while poor performers are re-trained or exited in favor of better performers?