Journal of Shanghai University (Social Science Edition)

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An Outline of the Theory about the Generalized Virtual Economy

  

  • Received:2011-03-07 Online:2011-09-15 Published:2011-09-15

Abstract:

An Outline of the Theory about the Generalized Virtual Economy(Aviation Industry Corporation of China, Beijing 100022, China)Abstract: The Generalized Virtual Economy (GVE), based on Marx' s mode of "life objects" about human activity, is a general economic term, which is used to signify, under the dominance of the person' s psychological need, his or her satisfaction suitable for both physical need and psychological need, or only for psychological need. While virtual value (information state) consists of its source essential to produce, dualistic value accommodatedmedium state (the motion state of values evolution) constitutes its mechanism for continuous development. At this period of GVE, some traditional principles of economy are being challenged. On the one hand, with the entrance of virtual value into the field of exchange, life itself makes up a new concept of wealth; and on the other hand, the significance of wealth is given a more profound connotation of economics. Therefore, it is necessary for us to establish a belief that life is the father of wealth, accelerate the transformation of the pattern in economic development, and promote the innovation of business mode. And by building up a thinking mode of time and space rentseeking and attaching importance to human capital, various industries full of virtual value elements should be developed greatly so that we can implement an optimal and balanced management and master the GVE dominance which is concentrated as the command of culture. In a word, the GVE development has a positive social significance.
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Key words: virtual value, Generalized Virtual Economy (GVE), dualistic value accommodatedmedium state, GVE dominance