Theory of Wealth: Volume One

Author: Wu Jie
Publisher:
Publish 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 Concept of Wealth; Volume II: Social Wealth in the Form of Commodities; Volume III: Social Wealth in the Communist Form. In each volume, the author employs a primarily mathematical economic analysis method, directly taking the essential wealth relationships of human society as the research subject. Starting from the boundary conditions of the human socio-economic system, through the analysis of such objects as the objective existence of the human body, natural human needs, useful external objects, human 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 historical and contemporary socio-economic relationships of human society. This not only resolves the long-standing fundamental economic theory issues that have troubled the economics community, such as the measure of the utility of wealth, the hierarchy of utility, the value of labor, the value of labor means, the value of natural resources, and how to measure corresponding wealth values, 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 delves deeply into the economic theory issues that humans face in all historical stages. This includes how to reasonably allocate limited resources in the process of wealth production to achieve maximum value; how to resolve the unity of equilibrium and non-equilibrium conflicts in the process of socio-economic movement; how to continuously innovate to ensure sustained economic development; and how to enable the macroeconomic system to effectively manage the microeconomic system. This reveals many new economic laws that have yet to be discovered by people. Finally, in the appendix of the third volume, 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, is rigorously argued, well-supported, and easy to understand. The publication of this book holds significant academic value in the history of economic thought.