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2006•Journal of Jiangsu Radio & Television UniversityRequires access

On Marx's Theory of Value: From the Theory of Labor Value to the Theory of Value Nature

Zhang Zheng-xiang

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Abstract

Marx's theory of labor value was a great achievement,yet it has some deficiencies.The greatest achievement of Marx's theory of value is the theory of value nature.In his research of the theory of labor value,Marx revealed that the nature of value was the social relationship among people,which was the key to the perfection and development of Marx's theory of economics.

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Marx's theory of labor value was a great achievement,yet it has some deficiencies.The greatest achievement of Marx's theory of value is the theory of value nature.In his research of the theory of labor value,Marx revealed that the nature of value was the social relationship among people,which was the key to the perfection and development of Marx's theory of economics.

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Available abstract

Marx's theory of labor value was a great achievement,yet it has some deficiencies.The greatest achievement of Marx's theory of value is the theory of value nature.In his research of the theory of labor value,Marx revealed that the nature of value was the social relationship among people,which was the key to the perfection and development of Marx's theory of economics.

Key concepts: Value theory, Value (mathematics), Labor theory of value, Perfection, Neoclassical economics, Economics, Use value, Positive economics

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