On Natural Value Theory of Physiocracy: A Perspective of Marx’s Ecological Economics
- 10.2991/icmess-18.2018.30How to use a DOI?
- Physiocrats; Natural value theory; Marx; Ecological Economics; Ecological assessment
The natural value theory of physiocracy indicates that the raw materials produced by the land are sources of wealth and economic value. However, the physiocrats fail to fully consider the relationships among the use-value, the capitalist production relationship and market values, and distinguish them from the value of capitalism. This paper, based on Marx’s viewpoint, criticizes the natural values of physiocracy in terms of natural value and surplus-value, the tension between monetary form and natural environment, and ecological assessment methodology. It also provides a viable framework for the analysis of the deadlock from this ecological assessment.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Anqi Chen AU - Qiaohua Ren PY - 2018/06 DA - 2018/06 TI - On Natural Value Theory of Physiocracy: A Perspective of Marx’s Ecological Economics BT - Proceedings of the 2018 2nd International Conference on Management, Education and Social Science (ICMESS 2018) PB - Atlantis Press SP - 135 EP - 139 SN - 2352-5398 UR - https://doi.org/10.2991/icmess-18.2018.30 DO - 10.2991/icmess-18.2018.30 ID - Chen2018/06 ER -