Title: Reform and Opening-An Enormous Innovation to the Theory of Surplus Value
Abstract: The theory of surplus value is the footstone of Marxist theory of economics. As the distribution model of 'to each, according to the capital' formally gained its legal position at the 15th Party Congress, people are wondering if Marxist theory of surplus value is out of date or unsuitable for socialism, or perhaps it has been proved correct in practice the three-essential-element theory——capital, land and labor are creating value together——and such theory has been accepted or acquiesced now. It is, undoubtedly, an important theoretic topic in the study of economic theories. The author hereby thinks that the above interpretations or doubts are biased and do not agree with the facts. The right interpretation should be that it is a significant development and enormous innovation that the reform and opening in China have made to Marxist theory of surplus value.
Publication Year: 2000
Publication Date: 2000-01-01
Language: en
Type: article
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