Marxist Economic Theories And The Interpretation Of The Current Economic Crisis

Study on economic cycle is of great importance in the field of economic theory. In particular, in modern times, it has deeply practical significance under the background of economic crisis. Marx's economic crisis theory, which is the valid tool for research on economic crisis, is the key part of economic cycle theory and still has its practical value. It is a great subject in the process of developing socialist market economy, so it is necessary to go into some depth on research on Marx's economic crisis theory in order to observe, analyze and solve the question of economic cycle. The present study is an attempt to carry out the carding of developing process with regard to Marx's economic cycle theory and analyze the current economic crisis by the means of Marx' economic cycle theory.Firstly, In this paper, the basic concept for economic cycle related concepts, such as analysis of economic cycle provided concept below support. While the economic cycle to the western theory of analysis are introduced, the main characteristics and reveals the enlightening significance for the second chapter and marxist economic cycle theory is the scene.Secondly, the current study begins with Marx'economic cycle theory. Specially, it introduces the reasons leading to capitalist economy crisis, division and characteristics of each phase for economic cycle to probe into current value of Marx' economic cycle. After analysis on Marx'economic cycle theory, we can see that the guiding significance for current economic study and practice is striking. Marx' economic cycle provides theory foundation for Chapter three.Thirdly, the present study analyzes the current economic crisis and its characteristics. For example, excessive effective demand is the efficient reason, which is different from the past lack of effective demand. However, the essence of the two mentioned above is the same with each other. Because the essence for overproduction is not different. The field of financial credit is the direct reason leading to economic crisis. It analyzed that financial credit affected on economic crisis and thought that the results yielded from the fictitious economy disengaging the practice leads to economic crisis without fail. After analyzing the new characteristics, two points are put forward:1)Marx' economic cycle theory is still a effective tool for studying the current economic crisis,the reason is that the essence and root of economic crisis do not change. Consequently, we must study on Marx' economic cycle theory deeply and face the current economic crisis; 2) we must understand the market economy and capital in the round. Market economy and capital have advantages and disadvantages. So, we should exert its advantages and avoid the disadvantages. In doing so, market economy can develop steadily and continually.This is the fourth chapter to current economic crisis of macroeconomic regulation and control policy, this paper introduces the purpose, goal and regulation of China has adopted measures to explore economic policy. That only by constantly cultivate and expanding domestic demand to be effective in the economic crisis, the economic crisis to minimize the negative influence.This innovation mainly displays in:one is to put the marxist economic cycle theory and the theory of modern economic cycle comparison, The use of Marx's economic cycle theory of today's economic cycle, analyzes its new characteristics, and proposes two theory thinking.