我国过剩经济的产生有其独特的制度背景,从制度上看根本原因在于社会收益分配的错位循环,进而产生了大规模的资本漏出,引起社会需求的整体萎缩,引起这种错位的原因是社会收益分配主体的错位。 我国税制改革后,“以税代利”使政府的税收替代了分红形式的所有权收益,这一变化使所 China’s surplus economy has its own unique institutional background. From the institutional point of view, the fundamental reason lies in the dislocation cycle of social income distribution, resulting in large-scale capital leakage, causing the overall decline in social demand. The reason for this dislocation is that society Dislocation of the main distribution of income. After the tax system reform in our country, “tax-generating profits” replaced the revenue of the government with the revenue of ownership in the form of dividends,