Wen Jiao-xiu
Abstract
Labor value theory is the basis of Marx`s political economics ,It is meaningful to understand it further. From the premise of Labor value theory, comparing between Labor value theory and “Factors of production creating value”, We draw the conclusion: It is necessary to strengthen the understanding of the Labor value theory in a new era”.
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Labor value theory is the basis of Marx`s political economics ,It is meaningful to understand it further. From the premise of Labor value theory, comparing between Labor value theory and “Factors of production creating value”, We draw the conclusion: It is necessary to strengthen the understanding of the Labor value theory in a new era”.
Key concepts: Value (mathematics), Labor theory of value, Premise, Economics, Value theory, Neoclassical economics, Use value, Positive economics