The Research and Understanding of Marxist Theory of the Value of Labour should be in Conformity with the Changing Times——On Socialistic Views on Wealth in Addition

Established by criticizing and analyzing the capitalistic Britain at its primary stage of industrizlization,Marxist theory of the value of labour is now out of date and even in conflict with our present socialistic reality.While making a research and a further understanding of Marxist theory of the value of labour,rather than rigidly adhere to the theoretical doctrines,we should keep up with the changing times to create new theories and establish new theory on the socialistic wealth in conformity with the practical reality,which is not to deny Marxist theory on economy.