Title: Labor Value Theory:the Statistical Dimension for Socialist Market Economy
Abstract: A new issue and challenge for Marxist political economy in social economical development today is whether GNP is an index of value magnitude and how it is explained with labor value theory, which is dealt with in this paper by discussing 1) whether the rising of labor productivity will increase the total amount of social value, and 2) whether the tertiary industry as a non-production division will create social value, concluding that labor value is the statistical dimension for socialist market economy.
Publication Year: 2002
Publication Date: 2002-01-01
Language: en
Type: article
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