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On the Fundamental Divergence between MarxistLabour Value Theory and the Usefulness Value Theory of Western Economics

Shujuan Wang

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Abstract

The fandamental divergence between Martist labour value theory and the usefulness value theory of western economics lies in Marxist Labour value is the real value determination theory, in fact,the usefulness value theory of western economics is the use value or social wealth determination thecry.For the sake of rich and strong of our country as soon as possible,must on the foundation of adhering Marxist labour value theory,take the usefulness value theory of westem econcomics as reference,according to the contribution of each productive essential element in the productive use value (social wealth)get corresponding reward. By so doing we can encourage the activeness of labour and investment of the people ,accelerate the development of the productive forces.

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The fandamental divergence between Martist labour value theory and the usefulness value theory of western economics lies in Marxist Labour value is the real value determination theory, in fact,the usefulness value theory of western economics is the use value or social wealth determination thecry.For the sake of rich and strong of our country as soon as possible,must on the foundation of adhering Marxist labour value theory,take the usefulness value theory of westem econcomics as reference,according to the contribution of each productive essential element in the productive use value (social wealth)get corresponding reward. By so doing we can encourage the activeness of labour and investment of the people ,accelerate the development of the productive forces.

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Available abstract

The fandamental divergence between Martist labour value theory and the usefulness value theory of western economics lies in Marxist Labour value is the real value determination theory, in fact,the usefulness value theory of western economics is the use value or social wealth determination thecry.For the sake of rich and strong of our country as soon as possible,must on the foundation of adhering Marxist labour value theory,take the usefulness value theory of westem econcomics as reference,according to the contribution of each productive essential element in the productive use value (social wealth)get corresponding reward. By so doing we can encourage the activeness of labour and investment of the people ,accelerate the development of the productive forces.

Key concepts: Value theory, Value (mathematics), Marxist philosophy, Economics, Divergence (linguistics), Neoclassical economics, Labor theory of value, Positive economics

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