Modern Labor Theory of Value

Author: Liu Yongji
Publisher:
Publish Date: 2005-05-01
Features: The progress of humanity is marked by the improvement of laborers' quality, skills, and social status. It is precisely this that requires us to inherit the basic spirit and principles of Marx's labor value theory, explore the qualities, skills, and methods of modern laborers, and analyze their social status, namely their economic and political rights, thereby defining modern labor value theory. Labor value theory is not a priori truth, nor is it Hegel's absolute spirit; rather, it reflects the interests of laborers living in the contradictions of the real economic and social order, summarizes their economic consciousness, and offers a theoretical analysis of the real economic process and its contradictions. Based on this consideration, this book was written, striving to form a definition of modern labor value theory from the summary of modern laborers' economic consciousness and the analysis of economic contradictions. The content of this book is divided into: Chapter 1 Labor Value Theory as Laborers' Economic View, Chapter 2 Marx's Labor Value Theory, Chapter 3 The Basis and Necessity of Modern Labor Value Theory, Chapter 4 Exchange Labor Forms Value: Interpersonal Relationships in Labor Exchange, Chapter 5 Modern Capital and Surplus Value, Chapter 6 Labor Public Ownership and Public Value.