Theory of Wealth - (Volume 1)

Author: Wu Jie / Country: Mainland China
Publisher:
Publishing Date: 2006-05-01
Features: The Theory of Wealth is a theoretical work within the broad scope of economics. The book is divided into three volumes. Volume I: The General Nature of Wealth; Volume II: Social Wealth in the Form of Commodities; Volume III: Social Wealth in the Communist Form. In each volume, the author adopts a primarily mathematical economic analysis method, directly taking the essential wealth relationships of human society as the research object. Starting from the boundary conditions of the human socio-economic system, through the analysis of human beings' objective existence, natural needs, useful external objects, consumption behavior, labor behavior, technological innovation behavior, and the natural environment, the author proposes a complete, systematic, and materialist-based economic axiom system. Under this axiom system, through rigorous mathematical logical analysis and reasoning, an in-depth analysis is conducted on the socio-economic relationships of human history and reality. This not only resolves the long-standing fundamental economic theory issues that have troubled the economics community, such as the measure of wealth utility, utility hierarchy, labor value, labor means value, natural resource value, and how to measure corresponding wealth value, but also reinterprets the reasons for commodity production, commodity exchange, and price formation in the real commodity economy, pointing out many biases and misunderstandings that have long existed in the field of economics. Additionally, the book conducts an in-depth exploration of the economic theory problems that humans face in all historical stages. This includes how to reasonably allocate limited resources in the wealth production process to achieve maximum value; how to resolve the unity of equilibrium and non-equilibrium contradictions in the socio-economic movement process; how to continuously innovate to ensure sustained economic development; and how to achieve effective macroeconomic management of the microeconomic system by the upper levels of society. It reveals many new economic laws that have yet to be discovered by people. Finally, in the appendix of Volume III of the book, the author comprehensively introduces the modeling mechanism, model structure, and application effects of the dynamic simulation model of the real socio-economic system based on the theory of multiple values. The book presents novel perspectives, rigorous arguments, and thorough explanations. The publication of this book holds significant academic value in the history of economic thought.