In terms of income distribution, neoliberalism states that labor and capital, or factors of production, are paid what they are worth. As stated in David Harvey's book A Brief History of Neoliberalism, “The main substantive outcome of neoliberalization, however, has been to redistribute, rather than generate, wealth and income…” This market structure is achieved through the process of demand and supply due to the fact that payment depends on scarcity and its productivity. Neoliberalism does not allow these factors of production to go to waste by believing that all prices/economies self-adjust to full employment and that using monetary and fiscal policy to permanently increase employment simply generates inflation. Therefore, regulation leads to inefficiencies. This idea contrasts strongly with the Keynesian idea which, as stated above, believed that the success of the economy depended on the level of aggregation