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A Review of the Positions on the Socialist Theory of Labor and Labor Value

LI Ling-e

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Abstract

In the discussion about the socialist theory of labor and labor value, while most economists' positions are based on the fundamental principles of Marx's theory of labor and labor value, exploring how to develop Marx's theory under the current socialist practical condition, positions of some scholars, however, go against the fundamental principles of Marx's theory of labor and labor value, which the author believes should be differentiated and analyzed.

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In the discussion about the socialist theory of labor and labor value, while most economists' positions are based on the fundamental principles of Marx's theory of labor and labor value, exploring how to develop Marx's theory under the current socialist practical condition, positions of some scholars, however, go against the fundamental principles of Marx's theory of labor and labor value, which the author believes should be differentiated and analyzed.

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Available abstract

In the discussion about the socialist theory of labor and labor value, while most economists' positions are based on the fundamental principles of Marx's theory of labor and labor value, exploring how to develop Marx's theory under the current socialist practical condition, positions of some scholars, however, go against the fundamental principles of Marx's theory of labor and labor value, which the author believes should be differentiated and analyzed.

Key concepts: Labor theory of value, Economics, Value (mathematics), Neoclassical economics, Value theory, Labor relations, Labour economics, Labor history

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