A Marxist Explanation Of Contemporary Economic Crisis

This dissertation based on Marxist economic crisis theory of the disproportionate,this disproportionate concept will cover the whole text for study the causes of the crisis.First of all,defined the concept of crisis from the perspective that the crisis is equal to disproportionate in economics; Second, generalized all the crisis theory into the perspective of disproportionate crisis theory through the review; Third, concluded that the market economy is the best way to promote the development of the proportion on the basis of theory of Law of proportional development which Marx put out, through the exploring the influence and function of various economic operation modes on the implementation of the scale development, after the comparison; Fourth, analysis of the internal causes of the imbalance of the market economy, it is, analyze the disproportionate from the basic economic supply and demand ratio, pointed out that the supply and demand of fission is a decisive part of the economic imbalance; Finally,investigate the external causes of the imbalance of the proportion of the contemporary market economy, put forward the specific factorswhich are the external causes of the imbalance of economy, combining internal and external causes to explain the present economic crisis, such as technology, economy and society. The core view of this dissertationis: under the condition of market economy, the current economic crisis is caused by the imbalance of the proportion of the supply and demand in the five times fission,which is triggered by the current technology,economic and social background.Specific chapters unfold one by one according to the above ideas.Since 1970s, the economic crisis has continued the main features of the cyclical overproduction since 1825, but also presents new features that are different from the past in technology, credit leverage, distribution, economic globalization and macroeconomic management. That is, under the new technological revolution, the technological development has strengthened the destructive power of the crisis, the promotion of credit leverage and the expansion of virtual economy to promote the development of crisis, polarization has seriously aggravated the damage of the crisis,with the help of economic globalization and the global economy, the crisis has made many counties strengthened the macroeconomic management. The scholars studied the reasons of the contempory economic crisis from different perspectives, but they had not been able to reach a consensus. In this context, the paper focuses on the definition of the economic crisis, and considers that the economic crisis is the interruption of the normal reproduction process caused by the economic operation out of the normal economic scale. From the perspective of production, combined with the economic cycle point of view, the concept of the economic crisis is further defined as the proportion of cyclical excess production.Marxist theory of economic crisis can be summarized into the crisistheory of consumption inadequate, the crisis theory of the disproportionate, the crisis theory of profit margin, the crisistheory of basic contradiction from different perspectives. The discussion by the follow researchers (including the development of Marxist theory of economic crisis) can be classified into the above four systems.On the basis of sorting out the logical explanation of the causes of the economic crisis in the four system, The crisis theory of consumption inadequate theory can be regarded as the disproportion from the production perspective, the crisis theory of basiccontradiction can be regarded as the economic boundary disorder between thegovernment and the market, the crisis theory of profit margin can be regarded as the imbalance of the proportion of capital and labor, capital income structure. From the point of view of the general market economic crisis, the crisis theory of basic contradiction is mainly concerned with the economic crisis of the capitalist system,which can be ruled out. At the same time,in terms of theoretical logic of profit rate andthe causes of the crisis, the dissertation research in the profit rate formula,entrepreneurial innovation activities, the evolution of industrial structure, the profit rate of four decreased and crisis of causality empirical research,it showed that the crisis theory of falling rate of profit was not reasonable. Thus, from the broad scale, the crisis theory of consumption inadequate,the crisis theory of the disproportionate,the crisis theory of profit margin, the crisis theory of basic contradictioncan merge into the imbalance crisis theory,and if excluded from the crisis theory of profit margin,the crisis theory of basic contradiction, other economic crisis theory can be merged into the system from the perspective of the causes of the imbalance. Therefore, this dissertation holds a point that all economic crisis theory can classified intothe economic crisis theory of generalized disproportions.The reason why the proportion of disproportionate show up, it is because the development of the economy didn't follow by the proportion of the law,didn't satisfy the needs from the production. The need for human beings is high and variety, it can be meet only through production. Proportional development is mean to solve the three basic problems: what to produce, how to produce and produce for whom, in other words,solve the resource allocation problem. Marx put forward the scientific idea of the allocation of resources according to the proportion of total social labor and the combination of material and value forms. Since the history of human society, there are four types of economic operation to achieve proportional development: Self-sufficiency economy, Planned economy, Self-Governance of economy and Market economy. The first three focused on the material balance of the production and consumption, the last one focused on the production and consumption of the value of balance, each has its own advantages and disadvantages. Self-sufficiency economy is a proportional development mode according to the proportion of physical distribution which combining production with sales, the performance of family needs to be satisfied and resource saving,but there are low efficiency and low productive enthusiasm. The planned economy is a kind of proportional development mode that is allocated according to the amount of production and consumption, it has a higher production efficiency and better meet the needs of people than Self-sufficiency economy, however,it is difficult 'to obtain complete information and resource utilization efficiency is low.Self-Governance of economy is a kind of way to negotiate the allocation of resources according to the physical distribution of the proportion of development, it has the ability to meet the needs and overcome the inertia of production more fairly than the first two economies, but there is insufficient organizational stability and negotiation costs too large. Market economy is a kind of price mechanism to allocate resources according to value distribution according to the proportion of development, compare to the former three kinds of economy ,it can improve production efficiency and the ability to make full use of resources, but there are limits to the blindness of the market and the enlargement of the distribution gap. The market economy is more effective than the former three kinds of economy,which is the best way to find the optimal proportion of human society in the development of human society.However, when the market economy promote the develop in proportion by promote the balance of supply and demand through the interests of incentives, supply and demand chain has appeared five times fission, there is a rising risk of a large proportion of the disproportionate. The appearance of remaining products in self-sufficient economy leads to the occurrence and development of the exchange,breaking the supply and demand of direct connection, appeared the fission of demand and supply for the first time, the fission effectively disposed of the remaining products,but the market economy can not solve the internal value of the goods and the use of the value of the two mechanisms are not completely consistent,it leads to the imbalance between supply and demand. After the first fission, money was introduced into the supply and demand in market economy, which broke the supply and demand of direct docking barter, appeared the fission of demand and supply for the second time, the fission in a certain extent to solve the problem of value evaluation, but also leads to the contradiction between commodity and currency, the extension and complexity of the chain of supply and demand, increase the risk of circulation of goods can not achieve the balance of supply and demand. The first two fission of supply and demand was run in the exchange of goods for equivalent exchange, resulting in a proportional imbalance is only possible, it just happen in the situation of not to buy or buy strong.When capital was introduced in the supply and demand in the market economy, change the equivalent exchange mode of commodity circulation, appeared third times the supply and demand of the formation of the fission, it turned out that new change put theproliferation as the purpose of the new supply chain,but not put the commodity exchange for the purpose, but the emergence of the contradiction between the law of value and capital rules coexist in the supply and demand chain, the supply and demand the chain is not only to achieve the value of proliferation, but also achieve the contradiction of equivalent exchange, this contradiction makes economic imbalance may start to turn from the inevitable, as long as the sale exist. When the virtual capital was introduced in supply and demand in the market economy, appeared the fission of demand and supply for the fourth time, this fission multiplies the proliferation of capital,but the virtual economy is derived from the real economy, must be subordinate to the real economy but continue beyond the contradiction of the real economy is difficult to solve. When the government was introduced in the supply and demand in the market economy, appeared the fission of demand and supply for the fifth time, with the power of government to solve the market failure, market failure and government but not eradicate the contradictions superposition of government failure will also increase the risk of imbalance. Five fissions supply and demand the market economy a huge imbalance of risk, and emerged from the imbalance will tend to imbalance, and continue to expand, even by external factors and the inevitable expansion. Any fission of supply and demand is likely to become a proportion of the economic imbalance, resulting in the emergence of the economic crisis,the superposition of many fission is a bigger risk of the imbalance of the proportion.After revealing the internal causes of the supply and demand of market economy,the dissertation combines the external of the market economy, the specific causes to explain the economic imbalance, that is, the formation of the economic crisis.Combined with the basic situation of the contemporary economic crisis, this dissertation defines the economic crisis stage of two countries in the United States and Japan in order to provide the reference for crisis analysis.Through the analysis of the characteristics of the contemporary economy, this paper discusses the specific causes of the present economic crisis from several aspects, such as technology, system and society. It pointed out that the material basis of contemporary conditions of new science and technology revolution impact on fixed assets update to a greater extent than the past to strengthen the economic crisis.The contemporary economy will greatly challenge the supply chain proportion limit economic operation of joint-stock credit lever.The contemporary economic system than in the past before the formation of polarization in the future. Expand the deviation from the imbalance between supply and demand.contemporary economic globalization to spread to the global imbalance. Specific causes of contemporary economy is the inherent in market economy in proportion to the risk to be strengthened, making the market more prone to economic crisis, once the crisis outbreak, it will cause greater damage.Finally, the dissertation summarized the causes of the current economic crisis:Under the condition of market economy, the current economic crisis is caused by the imbalance of the proportion of the supply and demand of the five times fission, which is triggered by the current technology, economic and social background. And we had three main conclusions: first of all, the economic crisis theory can be reduced to the crisis theory of disproportionate; second, the market economy is the development of the optimal proportion of various kinds of normal economic proportion; third,there must be expanded and the cumulative proportion of trends within the market economy,combined with the specific external causes of the contemporary market economy the economic crisis will eventually trigger. On this basis, combined with the status quo of Chinese economy, put forward three suggestions for the imbalance of economy, which is adhere to structural reform, continue to promote market-oriented construction and grasp the major proportion of economic operation and its bottom line.