On The Practical Significance Of Marx’s Labor Theory Of Value To Our Distribution System Reform

Marxist theory of labor value is setting forth the theoretical foundation of Capital, which is also thetheoretical basis of Marxist economic theories. With the boost of economic globalization and the arrival oftechnological revolution, social reality had deeply changed in the second half of twenty century. Neweconomic form emerged increasingly. Knowledge economy and the tertiary industry were increasinglybecoming the main stream of production mode. Facing to the new social condition, some people thoughtthat Marxist theory of labor value as the production of capitalism industry machine times was not fit for theproduction mode of new times. Its scientificalness became the “past”. Some old bourgeoisie theory of valuewas intent to replace the historical status of Marxist theory of labor value after’ rehashing’. While, some ofChinese scholars also had wrong understanding this was contrary to the scientificity of Marxist theory oflabor value because they were ignoring the epochal character and development of Marxist theory of laborvalue.Based on the rediscovering the forming background and important connotation of the Marx’s labortheory of value, attacked the fallacy of Marx labor theory of value, proved the Marx’s labor theory of valuein the current era background of the era is scientific. To reiterate science as a starting point of Marx’s labortheory of value, rests on how to use marxist labor value theory to solve the difficulties encountered in thecurrent our country distribution system reform of come up. At present, our country is at the critical periodof socialism reformation. It has important practical significance for pushing our socialism reform ofdistribution system, narrowing allotment gap, and prompting distributive justice and maintaining thestability of socialist market economy to how to understand the times value of Marxist theory of labor valueand prove its scientificalness at the new social background.