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Capital and Socialist Economy

Zheng Chen (Professor of Economics, Ex‐President of the Fujian Normal University, Vice President of Capital Research Association in China; President of the Capital Research Association for the Teachers' Universities in China.)

International Journal of Social Economics

ISSN: 0306-8293

Article publication date: 1 August 1991



Capital, the classical work by Marx, is not out‐of‐date as the main thought for the present socialist economy. We can improve the textbooks of economics by learning the method of qualitative and quantitative analysis from Capital. The socialist practice in China would enrich and develop the theory of commodity economy described by Marx. The concept of technical products turned into a commodity is also one contribution to Marx′s theory.



Chen, Z. (1991), "Capital and Socialist Economy", International Journal of Social Economics, Vol. 18 No. 8/9/10, pp. 38-43.




Copyright © 1991, MCB UP Limited

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