To Creation of Reproduction Theory on the Basis of Use-Value Circulation Laws
Abstract
The author emphasizes the issue of elaborating use-value reproduction theory instead of pure exchange-value theory. The basis of this theory are the use-value circulation laws, concerning labor time shrinking, labor productivity growth, human needs growth. The general use-value law replacing the exchange-value law is formulated. The principle of exchange-value balance between the costs and results of work is substituted with the opposite one, with results excess over expenses; linearity of their relations – with non-linearity; equilibrium – with disequilibrium.
Keywords:
use-value reproduction, use-value law, exchange-value balance denial, excess of results over expenses, labor savings as the reproduction result
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Articles of the St Petersburg University Journal of Economic Studies are open access distributed under the terms of the License Agreement with Saint Petersburg State University, which permits to the authors unrestricted distribution and self-archiving free of charge.