Principles of Political Economy

Author: Du Zhenhua, Hu Chun (editors)
Publisher:
Publish Date: 2004-09-01
Features: This book comprehensively presents the fundamental principles of Marxist political economy and its development in the contemporary era. The book covers Marxist labor theory of value, theory of surplus value production, theory of capital reproduction and circulation, theory of capital accumulation, theory of surplus value distribution, contemporary monopoly capitalism theory, as well as theories of economic globalization and international economic relations, socialist economic systems, economic systems, and economic operation theories. In the sections on contemporary capitalism and socialism theories, it emphasizes the use of Marxist dialectical materialism as a research methodology to analyze the major issues of capitalism and socialism in today's economic development. It objectively examines both the rapid development and expansion of capitalist productivity within the range of its production relations, as well as the deepening and widening inherent contradictions and flaws of contemporary capitalism under economic globalization, pointing out the historical destiny of capitalism's inevitable decline and replacement by socialism and communism. The book is well-structured with a clear focus and detailed materials. Each chapter includes summaries, discussion questions, and reflection questions to facilitate learning and comprehension, inspiring readers to study and analyze practical issues from a Marxist perspective.