Some Problems in Furthering Studies of Theory on Value of Labor

The paper firstly proposes that a clear line be drawn between the conc ept of value in the field of philosophy and culture on one hand, and that as the axle of fluctuation of prices in economics on the other. The publicity of the v iew that the application value predetermines the final value is to be given the least attention. The author also believes that labor and the predetermination of value by labor can either correlated or separated with each other, and that in this respect, however, it is unexpected that the production of value can be the criterion for the measurement of size of labor. The production of value and weal th is either related with or separated from its distribution. The theory on valu e of labor does not constitute the part of theoretical foundation of the practic e: distribution according to the intensity of labor. To discuss the problem of e xploitation, one is expected to have a thorough understanding of Marxist view on exploitation.