Marxist Interpretation On Finacial Crisis Of The United States In 2008

In 2008, a broad magnitude of the global financial crisis happened in the USA which leading the world economy into the most severe economic recession. Most of the national economy battered that can not be restored. The financial crisis of theUnited States is come from the real estate market. The financial crisis through the credit markets to the capital maekets. At last, it evolved into a financial crisis. The economic development prospects around the world is not to be optimistic.Western scholars and other news media after the outbreak in crisis,to the US.-led western developed capitalist countries pushed by new liberalism policy of comprehensive and profound reflection. While in some western countries have raised mode it reading boom,Marxist economic theory again return to the western mainstream circles.Because the crisis and Marx in one hundred years ago the generating mechanism of crisis and its cause of prophecy and analysis made perfect match. Based on the Marxist economic theory framework for 2008, supported by the United States financial crisis to systematic, comprehensive explanation and analysis, thus revealing capitalism is the root cause of financial crises. Concrete structure is as follows:The first chapter describes the historical background and evolution of the financial crisis which started from finacial sector to the real economy. At last, it is evolved into a global economic crisis and an analysis of the crisis on the United States and the world impact. The second chapter will be brief before the United States financial crisis and do a few times to compare the financial crisis, which summarize the financial crisis showed the new features; the third chapter of this article from the Marxist-related financial crisis and economic crisis theory, on the U.S. financial crisis, the source of in depth analysis to explain the crisis of inevitability and institutional reasons, and with Marxist theory of capitalism's future tentative forecast that capitalism in the long and tortuous development process on going self-abandoned, eventually being replaced by socialism.