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A Study On The Theory Of Fictitious Capital And Its Contemporary Value In Capital

Posted on:2021-05-22Degree:DoctorType:Dissertation
Country:ChinaCandidate:Y M JinFull Text:PDF
GTID:1366330620977822Subject:Marxist theory
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Since the 1970 s and 1980 s,the virtualization trend of world economic development has become prominent,and the economic structure of the world's major developed capitalist countries has gradually presented an "inverted pyramid",the development of real economy and fictitious economy is seriously unbalanced,and the direct cause behind it is inseparable from the expansion of fictitious capital.In the21 st century,developed capitalist countries continue to promote financial innovation with the help of financial technology innovation,diversified financial derivatives and other advanced forms of fictitious capital are continuously introduced and applied to capital for profit,the unlimited expansion of fictitious economy makes it far away from the range that the real economy can support.The outbreak of the subprime mortgage crisis in 2007 ignited the global financial crisis,the global economy has yet to fully recover from that crisis.Post-financial crisis era,the United States and other developed capitalist countries have rethought their economic development mode and launched a series of "reindustrialization" strategies to balance the economic structure,however,it has not effectively reversed the unbalanced state of economic structure,and the trend of economic virtualization and financialization is still advancing rapidly,posing a potential threat to the stable development of the world economy in the current background of financial globalization.To study the development trend of capitalist economy virtualization and the root cause of its crisis consequences,and to pursue the good policy of orderly development of world economy in the trend of economy virtualization,Marx's theory of fictitious capital has become the fundamental guide to highlight the crisis explanatory power and realistic guidance.Marx's fictitious capital theory is mainly embodied in Capital,the theory reveals the history generative of fictitious capital,illustrates the intrinsic implication,gives new instructions to the Marx's capital theory,reasonably predicts the economic development trend in the expansion of fictitious capital,and analyzes the fundamental causes of crisis in the form of fictitious capital,this theory has an important theoreticalorientation in Marxist theory system.As an open theoretical system,Marx's theory of fictitious capital has been constantly enriched and improved with the development of The Times,showing its value more and more in the evolution of diversified forms of fictitious capital,the rapid development of fictitious economy and the prevention and response of economic problems such as financial crisis.Although the current development of fictitious capital is completely different from that of Marx's era,the basic principles of fictitious capital development and the operating rules revealed by Marx's theory of fictitious capital are still applicable.China is a socialist country under the guidance of Marxist theory,the development of the socialist market economy with Chinese characteristics more cannot from the fundamental guidance of Marx's fictitious capital theory,the development of fictitious capital in China started late but developed rapidly,although there are limitations and challenges in the development,it has distinct development advantages,and under the basic guidance of Marx's theory of fictitious capital,combining with the reality of China's specific economic and financial development,the development of fictitious capital and financial undertaking in China is advancing methodically in the historical position of the new era.This paper studies the theory of fictitious capital and its contemporary value in Capital,by means of text analysis,Marx's discussion on the theory of fictitious capital in classical texts is sorted out,and on this basis,the whole context of the generation,existence,operation,development and influence of fictitious capital is grasped;through the perspective fusion method to realize the text theory positioning of Marx's fictitious capital theory and the era value remodeling;through comparative study,the superiority of Marx's fictitious capital theory in analyzing the existence and operation mechanism and law of financial crisis under the background of economic virtualization is highlighted,and the value of Marx's fictitious capital theory is highlighted.Following the multiplicity of research,with the help of analysis and research on the history of the generation process of Marx's fictitious capital theory,the integrity of the theoretical system,the critical nature of the connotation,the development of the era,the value of realistic orientation and other aspects,by the logical deduction of "tracing back to the generation process of Marx's fictitious capital theory---teasing intrinsic implication of Marx's theory of fictitious capital---judging the theoretical orientation of Marx's theory of fictitious capital---renewing Marx's fictitious capital theory and fictitious economy---highlighting interpretation of Marx's fictitious capitaltheory in the financial crisis---firming the fundamental position of Marx's fictitious capital theory in the development of our country's fictitious capital",the specific evolution of the research is clarified.This essay aims to explore and sort out the theory of fictitious capital contained in Capital,demonstrate the explanatory power and predictive power of the theory on the trend of economic development,locate and demonstrate the theoretical orientation of Marx's fictitious capital,deepen the cognitive of function of fictitious capital theory in the process of revealing the essence of the crisis of capitalism,strengthen the understanding of the meaning of this theory in the process of revealing capitalist mode of production and operation law,deepen the Times interpretation of the Marxist theoretical system,theoretically proves again the guiding and value of the theory to the development of reality,prepares the preconditions for the deep combination of theory and practical practice,and make a positive exploration to promotes the modernization(sinicization)development process of the theory on the basis of the increasingly rich reality.At the same time,in-depth study of the theory can clarify the internal mechanism of existence and operation of financial risk and crisis,providing theoretical support for effectively preventing and responding to risks and crises under the condition of financial globalization,and effectively promoting the coordinated development of fictitious economy with real economy relations,fundamentally guiding the development direction of the financial business in the new era China's market economy development process.
Keywords/Search Tags:Capital, fictitious capital, fictitious economy, financial crisis, financial governance
PDF Full Text Request
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