The value theory of Marxism is not Centralized Labor Value T heory but Effect/Labor Value Theory,i.e.Productive Force Value Theory, which reflects the dominance of productive Force. The Centralized Labor Value Theory,misundertood as orthodox Marxism theory for a long time,evolved from Korz's wrong explanation an Marxism in criticizing revisionism.It should be negated.We should critically assimilate The Macrofactor Value Theory and Microeffect Value Theory in western economics,interlinking with Maxism.