Comparison Of The Value Theory Of Marx Labor Theory Of Value And The Western Economics

Labour value is a basic theoretical question of political economics as well as a realistic problem in the developing socialist practice. Marx set up scientific labour value theory in the 19th century critically in heritting the classical political economics; But we must see that the current social labor has differed much from what it was in Marx's era. With the development of science, technology and the progress of productivity, the forms of working have been varying constantly, and the content of working has developed from manual labor, which merely produces material goods, to labours which offers service products, createin formation and the technology or coordinate organizational management.The proportion of such labours has been rising constantly, which has already begun to play an important role in the production process. These new changes will surely exert a far-reaching influence on creating and producing value, and are already a new challenge to Marx's labour value theory. therefore, it is necessary to deepen the understanding of labour value theory , not only due to the need of developing Marxism theory itself, but also because of its realistic significance in China's socialist practice .To analyse the labour value theory, we need to break through the limitations of the explanation to it in the traditional political economics, so as to develop a scientific and accurate understanding based on the existing basic categories and theories of Marx's labour value theory, and then excavates its inherent meaning and develops the parts which Marx did not launch further. At the same time, it is necessary to understand the labour value theory and to develop it with new material and new views.This requires us to deepen our understanding of labour value theory, that is, to analyse the new subject and put it forward to socialist market economy system since the beginning of China's reformation and open-up policies, and to organize our own opinion on the question of value-creating in the circumstance of rapidly-developing sciences and technologies.Since Marxian labour theory of value came into being, with regard to calumniating and attack coming from vulgar Economists of bourgeoisie, meanwhile, the Economists of Marxism faction has also given a head-on confrontation to all kinds of attacks, more than hundred years, the person debate essence this being attacked and opposing the debate attacking having lasted up to now already has been abandon to still insist on Marxian labour theory of value. We ought to have new understanding on this great Marxian theory , we still should as always, insist on and defend Marxian physical labour value theory though gigantic changes of the world already happened , so that human being will issue splendid brilliant rays forever.