Refuting the Production Price Theory of Comrade Yang Chien-Pai and Others

Ts'ai Chien-hua

Chinese Economy, 1967, vol. 1, issue 1, 43-64

Abstract: Since 1963, Comrade Yang Chien-pai >u>et al>/u>. have written a number of articles openly propagandizing the existence of average profit and production price in socialist economy, and newspapers and magazines have published quite a few articles discussing this subject. In the discussion, the viewpoints held by the two sides are diametrically opposite to each other. The controversy involves not only certain fundamental principles of Marxist political economy, but also the management principle and guiding ideology of socialist economics as well as the problem of direction and future of national economic development. For this reason, it is very necessary that the controversy be clarified through debate.

Date: 1967
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