ABSTRACT

The great Chairman Mao teaches us over and over again to learn some political economy. Political economy touches upon the most practical and immediate interests of various classes and strata. It explains the most acute and intense problems of class struggle. In socialist society, Marxist political economy still provides the theoretical basis for the proletarian party's formulation of basic lines. Marxist political economy was born with the appearance of the modern proletariat and the big productive forces — big industries. Political economy is a demonstration and application of dialectical materialism and historical materialism. To learn political economy, people must follow the guidance of dialectical materialism and historical materialism. The object of study for Marxist political economy is production relations. Production relations consist of three aspects: The ownership pattern of the means of production; people's roles in production and their mutual relations; and the pattern of product distribution.