Principles of Marxist Political Economy

Author: Liu Shibai
Publisher:
Publish Date: 2006-08-01
Features: The basic principles of Marxist political economy originate from Marx's Capital. To complete this scientific masterpiece of nearly three million words, Marx devoted forty years of effort. One of the fundamental principles in compiling this textbook is to adhere to the basic principles of Marxist political economy. Because political economy, especially its capitalist part, has undergone long-term development, its theoretical system has become relatively complete and mature. Moreover, from the current perspective, its basic principles align with the historical context at the time and have been proven correct through historical testing. For theories proposed and created by predecessors, which have been historically validated, we should adhere to and apply them when compiling the textbook, such as commodity exchange, monetary circulation, the law of value, capitalist accumulation, the proportion of reproduction, and the distribution of surplus value, etc. In this textbook, it generally reflects our arrangement of the theoretical system of political economy, the setting of the main line, and our views on some controversial theoretical issues.

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