Marx Study On Some Hot Issues Of Labor Theory Of Value

Labor Value Theory is the theoretical foundation of Marxist political economy. Itis the scientific theory that withstands the test of practice. However, In New Era, somescholars at home have doubted even opposed it. Nowadays, how to adhere to and develop MarxistLabor Value Theory in the Market Economy has become an urgent issue to tackle both intheory and in practice.The thesis, based on the original version, reviews the development history ofMarxist Labor Value Theory and expounds its relevant definition, scope and basicviewpoints through analytic method, abstract method as well as logic and dialecticalanalysis method. With the development of science and technology and the change ineconomic operation, the traditional Marxist Labor Value Theory based on traditionalmode of production was challenged by both the theory and the practice. The thesis, onthe basis of respecting the original, integrates the theory with the practice and erafeature as well as developing Marxist Labor Value Theory. It also differentiates andanalyses the challenges from both the theory and the practice as well as socialeconomic phenomenon based on Labor Value Theory. According to the analysis, thethesis holds that Labor is the only source of creating value.Marxist Labor Value Theory reveals the general rule with commodity production.,which makes us have a better understanding of capitalist society and has a guidingsignificance for developing socialist marketing economy. This requires that theoryshould be combined with the practice and the era feature. This also requires that thetheory should be used and developed creatively to guide socialist economicconstruction and offers the theory basis for perfecting the distribution relationship,directing economic activity and optimizing the allocation of resources. Meanwhile,further research should be carried out on the new problems emerging in the new epoch. Only in this way can Marxist Labor Value Theory be improved anddeveloped.