In terms of income distribution, neoliberalism states that labor and capital, or factors of production, are paid their fair value. As David Harvey's A Brief History of Neoliberalism states, "the main substantive achievement of neoliberalization, however, has been to redistribute, rather than generate, wealth and income..." This market structure is achieved throughout throughout the supply and demand process. due to the fact that the payment depends on the scarcity and its productivity. Neoliberalism does not allow these factors of production to be wasted by believing that all prices/economies self-adjust to full employment and that resorting to monetary and fiscal policy to permanently increase employment only generates of inflation. Regulation therefore leads to inefficiencies. This idea contrasts sharply with the Keynesians who, as noted above, believed that the success of the economy depended on the level of overall wealth.