New quality productive forces as a novel type of productive force have played a central role in scientific and technological innovation.They are productive forces that meet the requirements of high-quality development,and their connotation can be understood in the context of changes in the nature of productive forces.In a commodity-producing society,productivity is expressed through socially necessary labor time,and individual capital or firms continually strive to reduce their individual labor time below the socially necessary labor time as a means of achieving greater profits.Therefore,the logic of the economy is the logic of the progress of productive forces,and in a capitalist society,this logic is reflected by the continuous shortening of socially necessary labor time.Due to the profit-seeking nature of capital,each capital will attempt to shorten individual labor time by increasing its productivity level,thereby reducing individual value below social value.This allows each capital to obtain excess profit.The result of each capital's pursuit of excess profit is a general increase in the productivity level of society as a whole.Through the study of new quality productive forces,this paper argues that in the study of political economy,there are no relations of production that exist independently of productive forces,and there are no productive forces that exist independently of relations of production.To comprehend the object of political economy,it is essential to grasp the dialectical unity and interaction between them.This understanding will facilitate the comprehension of the duality of capital.At the same time,it is necessary to replace the traditional political economy with the"theory of productive forces-relations of production."This new theoretical framework will provide a more comprehensive and accurate understanding of the new quality productive forces.Concurrently,it is necessary to replace the traditional political economy"theory of production relations"with the"productivity-production relations theory"in order to provide a theoretical foundation for a more comprehensive understanding of contemporary new quality productive forces.Furthermore,new quality productive forces do not exist in isolation but rather require corresponding new quality relations of production.The dialectical unity of them is the concept of"new quality capital."New quality capital encompasses both new quality productive forces and new quality relations of production.The logic of its development is to achieve greater profitability in market competition by greatly reducing the labor time required for a certain product.New quality capital plays a role in improving economic efficiency in each segment and sub-segment.Consequently,it is imperative to scientifically grasp the dual attributes of"new quality capital"in productive forces and relations of production.On this basis,the cultivation of"new quality capital"should be accelerated,and its healthy development should be guided in accordance with the fundamental principle of progress in productive forces.
New quality productive forcesProductivity theoryScientific and technological innovationHigh-quality developmentNew quality capital
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