2003•Journal of Sichuan Normal UniversityRequires access

Scientific Comprehension of Marx's Labour Value Theory

Jun Li

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Abstract

Labour value theory, an important theoretical issue in Marxist political economics, is a great innovation with rich content and of epoch making significance. Under the new historical conditions, it needs to deepen the comprehension of labour and labour value theory, broaden and enrich the theory's intension and extension, and combine distribution on the basis of labour and distribution on the basis of production factors, to push forward the development of China's economy and society.

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Labour value theory, an important theoretical issue in Marxist political economics, is a great innovation with rich content and of epoch making significance. Under the new historical conditions, it needs to deepen the comprehension of labour and labour value theory, broaden and enrich the theory's intension and extension, and combine distribution on the basis of labour and distribution on the basis of production factors, to push forward the development of China's economy and society.

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Available abstract

Labour value theory, an important theoretical issue in Marxist political economics, is a great innovation with rich content and of epoch making significance. Under the new historical conditions, it needs to deepen the comprehension of labour and labour value theory, broaden and enrich the theory's intension and extension, and combine distribution on the basis of labour and distribution on the basis of production factors, to push forward the development of China's economy and society.

Key concepts: Intension, Marxist philosophy, Value (mathematics), Labor theory of value, Extension (predicate logic), Comprehension, Neoclassical economics, Production (economics)

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