Understanding the relationship between allocation according to production elements and Marx's theory on labor value correct
Lijuan Ma
Abstract
Lijuan Ma
Abstract
It's wrong to think of allocation according to production elements and Marx's theory of labor value mutually exclusive.Marx scientifically distinguished allocation according to production elements itself from capitalist's allocation system.He analyzed and expounded that living labor was the only source of value,and the capitalists,taking advantage of the production elements they occupied,carved up surplus vEilue,thus exploitation came into being.Meanwhile,Marx also analyzed and expounded the necessity and reasonableness of allocation according to production elements.As a means of realizing the economic profits of property right and an important principle of market economy,this form of allocation can be applied to both capitalist and socialist society.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
It's wrong to think of allocation according to production elements and Marx's theory of labor value mutually exclusive.Marx scientifically distinguished allocation according to production elements itself from capitalist's allocation system.He analyzed and expounded that living labor was the only source of value,and the capitalists,taking advantage of the production elements they occupied,carved up surplus vEilue,thus exploitation came into being.Meanwhile,Marx also analyzed and expounded the necessity and reasonableness of allocation according to production elements.As a means of realizing the economic profits of property right and an important principle of market economy,this form of allocation can be applied to both capitalist and socialist society.
Key concepts: Production (economics), Surplus value, Value (mathematics), Economics, Neoclassical economics, Labor theory of value, Value theory, Means of production