Research On Marx's Economic Gowth Theory

In the days of Karl Marx, the economic growth theory had not been an independent subject. But Marx had researched many aspects on modern economic growth theory. He had made many discusses on capital, labor, science & technology, institution and other factors which play important roles in economic growth. Marx was the first person in the history of economic theory who built a dynamic economic growth model. His model even exceeded some early economic growth models of the twentieth century in the presumptions and the deep analyze of the interrelations of different social departments.Though Marx's economic growth theory has been neglected for a long time, it had done much influence on modern economic growth theory unconsciously and direct effect on economy practice of socialist countries. Today, Marx's theory about two-economic-growth-patterns is also the guidelines in the transit of economic growth pattern in our country. But due to the background, there are many defects and deficiencies that need to be developed in Marx's economic growth theory, such as: the object of Marx's economic growth theory is too narrow; the partition of two departments is too cursory; the presumptions of economic growth model is too strict; it ignores the restrict of physical form when the value recombined in the model of reproduction on an expanded scale; the department I is the focus of reproduction on an expanded scale, and the department II must fit for it.