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In the 1980s, it became evident to Chinese economists that the Marxist theory of the law of value—understood as the expression of the labor theory of value—could not serve as the basis of China's pricing system. [18] They concluded that Marx never intended his theory of law of value to work "as an expression of 'concretized labor time ' ". [18]
Deng Xiaoping Theory is a product of the integration of the basic theory of Marxism-Leninism with the practice of modern China and the characteristics of the present era, the inheritance and development of Mao Zedong Thought under new historical conditions, a new stage of the development of Marxism in China, Marxism of modern China, and the ...
"Confidence in its system" is confidence in the advanced and superior nature of the system of Chinese socialism; "Confidence in its culture" is a full affirmation of the value of China's own culture and a faith in its vitality. These four form an organic whole; they provide a complete conceptual system of socialism with Chinese characteristics.
World-systems theory (also known as world-systems analysis or the world-systems perspective) [3] is a multidisciplinary approach to world history and social change which emphasizes the world-system (and not nation states) as the primary (but not exclusive) unit of social analysis. [3]
The Communist Party of China should have "absolute leadership over" China's People's Liberation Army. Promoting the one country, two systems system for Hong Kong and Macau with a future of "complete national reunification" and to follow the One-China principle and 1992 Consensus for Taiwan.
North Korea suggests the "one country, two systems" formula to bring about Korean reunification, through a confederation of two systems within one country. [82] China has also promoted the idea; the difference between North Korea's motivation and China's is that North Korea seeks to maintain two separate governments, while China seeks gradual ...
The theory focused mainly on developing the productive forces and took a highly economic deterministic view on developing socialism. [18] Despite certain pitfalls, the theory is still used to explain the use of capitalist techniques in China. [18] The main aim of the theory was to reconceptualize socialism to make Marxism fit for contemporary ...
The Three Worlds Theory (simplified Chinese: 三个世界的理论; traditional Chinese: 三個世界的理論; pinyin: Sān gè Shìjiè de Lǐlùn), in the field of international relations, posits that the international system during the Cold War operated as three contradictory politico-economic worlds.