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Marx's Theory Of Economic Crisis And The Revelation Of Today's Financial Crisis On China's Economy

Posted on:2012-10-24Degree:MasterType:Thesis
Country:ChinaCandidate:T J LuoFull Text:PDF
GTID:2189330332994743Subject:Basic principles of Marxism
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September 2008 along with the deepening subprime mortgage crisis triggered by the global financial crisis, financial crisis, the world economy is in recession. Some of the world close to recession in developed economies, including China, emerging economies have also been fierce impact of financial crisis. Storm shocked the world, but also to make the world a deep thinking nature and causes of the crisis. This is not just a financial and economic crisis we are facing a crisis in the world economic system, the basic theory of global development crisis. Want out of this crisis of the international system must establish a new basic theory of world development.Causes of the financial crisis, some scholars believe that the U.S. debt crisis in consumption patterns, some scholars are free-market model for the crisis. These views only see the surface of the phenomenon of the crisis, and did not touch the real nature of the financial crisis and deep roots. In fact, as early as 130 years ago, Marx's masterpiece"Capital", has revealed the existence of capitalist society the credit crisis and the nature of the financial crisis. Periodic outbreak of the crisis of overproduction is specific to the capitalist system of economic phenomenon, its clear the enormous destruction of productive forces that capitalism is just a transitional and temporary economic system.Marx's"Capital", the history of economic development from the perspective of commodity articulated crisis, the feasibility and reality, and the reproduction of social capital theory, analyzes the inherent contradictions of the capitalist economy caused by the presence of the economic crisis Necessity, by exposing the capitalist free possession of the surplus value that the capitalist economic crisis and the source of the substance. And finally come, only to replace the private ownership of public ownership of production in order to fundamentally solve the economic crisis of capitalism thesis.Marx's"Capital"full, complete, and systematically expounded the cycle of capitalist economic crisis and the reasons for the outbreak of inevitability, like a red line through the "Capital" of the capitalist mode of production inspection. Review of "Capital ", not only allows us to clearly understand the essence and source of the financial crisis, in order to adopt appropriate coping strategies, but also for us to deepen our financial system and economic system reform, improve the socialist market economic system provides important Theoretical guidance.The use of Marx's"Capital"theory to analyze the financial crisis of the financial crisis generated deep-seated reasons for reducing the vulnerability of the financial system, effectively guard against and defuse financial risks and maintain stable operation of China's financial system is important. Papers from the "Capital " in the relationship between the theory of economic crisis, starting with the current global financial turmoil in international and China's economic realities. First discusses Marx's economic crisis theory background of the times, resulting in the development process; by studying the Marxist capitalist economic crisis and the basic theory, including Marx's economic crisis, the possibility and reality, the virtual capital theory, and credit and other theories; and by reviewing the sub-prime crisis Has caused the global financial crisis on the world and the impact of the global economy, and found the world's and China's economic and financial problems, Inspiration, to propose a solution.
Keywords/Search Tags:Capital, Economic Crisis, Financial Crisis, Subprime Crisis, Finance
PDF Full Text Request
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