2000•Teaching and ResearchRequires access

Interpretation of Marxist Theory of Value of Labor

Zhao Zhun

Abstract

Value of labor is a scientific category built up under the guidance of historical materialism by Marx. It has been developed on the basis of the heritage of capitalist classical economics. While pointing out that this theory is rational and of great theoretical significance, the author remarks that further studies are necessary to dwell on whether or not materialized labor can create value with respect to Marxist theory of value of labor.

About this research paper

What this paper is about

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Key concepts: Marxist philosophy, Labor theory of value, Value (mathematics), Value theory, Interpretation (philosophy), Historical materialism, Positive economics, Neoclassical economics