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- W2393140376 abstract "Based on differences of labor from other factors of production and theory of value, Marxist economic theory of the source of profit holds that commodity value created by labor is the sole source of profit, its essence being putting people first. Based on the homogeneity of various factors of production and theory of wealth, mainstream western economic theory of the source of profit deems that labor and other factors of production are the common sources of profit, its essence being putting material first. As both theories are tenable, theories of the source of profit are in a dilemma. Profit embodies the antagonist and united relations between laborers and investors. Because the special essence of market economy in dual reproduction of utility and profit determines the necessity for the existence of profit, we cannot consider all for-profit investment activities as exploiting. In the present stage, only profit or revenue made by taking advantage of special monopolies, including through such non-labor means as taking advantage of monopolies in labor market excessively, is exploiting in nature." @default.
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- W2393140376 date "2009-01-01" @default.
- W2393140376 modified "2023-09-26" @default.
- W2393140376 title "What on Earth is the Source of Profit" @default.
- W2393140376 hasPublicationYear "2009" @default.
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