2011Journal of Jiangsu Teachers University of TechnologyRequires access

New Reflections on Marx's Theory of Surplus Value

Yonghui Zhang

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Abstract

The theory of surplus value is the core and foundation of Marxist political economy.Surplus value,as a part of commodity value,is the product of a certain historical stage.In addition to reflecting the characteristics of capitalism,surplus value also has the commonality in terms of socialist market economy.We should look upon l surplus value dialectically,that is,we should not only see its limitations,but also know its positive effects.So we can bring the theory of surplus value in socialist market economy into full play.

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The theory of surplus value is the core and foundation of Marxist political economy.Surplus value,as a part of commodity value,is the product of a certain historical stage.In addition to reflecting the characteristics of capitalism,surplus value also has the commonality in terms of socialist market economy.We should look upon l surplus value dialectically,that is,we should not only see its limitations,but also know its positive effects.So we can bring the theory of surplus value in socialist market economy into full play.

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Available abstract

The theory of surplus value is the core and foundation of Marxist political economy.Surplus value,as a part of commodity value,is the product of a certain historical stage.In addition to reflecting the characteristics of capitalism,surplus value also has the commonality in terms of socialist market economy.We should look upon l surplus value dialectically,that is,we should not only see its limitations,but also know its positive effects.So we can bring the theory of surplus value in socialist market economy into full play.

Key concepts: Surplus value, Economics, Value (mathematics), Commodity, Economic surplus, Marxist philosophy, Capitalism, Value theory

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