On the Macroness of Marx′s Value Theory
Yang Wen-jin
Abstract
Yang Wen-jin
Abstract
The core of Marx′s value theory is the total amount of value,not the relative price.It is determined by his purpose of revealing capitalist economic laws.The macroness of Marx′s value theory is mainly embodied in the essence of value and the production price theory.The former makes it possible to arrive at a total amount of various products with different characteristics and the latter makes this total amount become significant.Only the reproduction theory is the concentrated embodiment of Marx′s relative price theory.At the same time,it is the bridge to link up the micro-value theory and macrovalue theory.The production price theory also has the bridge effect.
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The core of Marx′s value theory is the total amount of value,not the relative price.It is determined by his purpose of revealing capitalist economic laws.The macroness of Marx′s value theory is mainly embodied in the essence of value and the production price theory.The former makes it possible to arrive at a total amount of various products with different characteristics and the latter makes this total amount become significant.Only the reproduction theory is the concentrated embodiment of Marx′s relative price theory.At the same time,it is the bridge to link up the micro-value theory and macrovalue theory.The production price theory also has the bridge effect.
Key concepts: Prices of production, Value theory, Value (mathematics), Economics, Use value, Production (economics), Labor theory of value, Neoclassical economics