Font Size: a A A

The Interactive Relationship Between Rise And Fall Transformation And Western Economic Circle Of Keynesism

Posted on:2008-10-17Degree:MasterType:Thesis
Country:ChinaCandidate:H M MaFull Text:PDF
GTID:2189360215471845Subject:World History
Abstract/Summary:PDF Full Text Request
After the economic crisis broke out in the 1930s, the new classical economics bogged down in crises and Keynes started the revolution in the thoughts of modern economics. While in the 1950s and 1960s, the Keynes Economics'being carried out resulted in a new crisis—"the inflatable crisis". After the 1970s, with the Keynes Economics fading away, various"Neo-Liberalism Economics"came back to life. In the late 1980s and early 1990s, the high rate of unemployment and the recession in industry once again became the leading economic problem in the western countries, including the United States. And then"the New Keynesism", that is to say"the New Synthesis school of the Main Modern Economics"emerged as the times required. So the economic crisis, revolution and then synthesis is the certainty in the development of the modern economy in western countries.Economic practice promotes the development of economic theories,and one economic theory can instruct economic practice in certain space and time with proper measurement.When one conclusion drawn from a particular point of view according to one economic theory is used to explain the whole social economic activities ,the theory will become unilateral,and it will bring about belief crisis as well as the revolution of a new economic theory.The unilateral profundity and rationality of varied theories will become the basis of their mutual supplement ,combination and dialectic unification.The rise and fall of all kinds of economic theories are in close relationship with their explanation power, suitability degree and relevant policies.Generally speaking,the present western countries can implement neither a management policy of pure freedom,nor a government interference policy,and the revolution or counter-revolution of varied schools of economics is no longer pure.With the economic phenomena being complicated and people's deepened recognition of various economic activities as well as the increasing maturity and accuracy of all kinds of economic theories,economic theories tend to be more and more compromised and comprehensive.Researches on Keynesism in the academia of our country are mainly seen in the following three aspects:western economics,history of western economic ideology and the field of world history study.However,these three aspects are out of joint between each other.Seen from the field of world history in our country,there are only few works which take Keynesism as their object of historical study,and there isn't a complete and systematic study of the interactive relationship between the rise and fall of Keynesism and western economic cycle.Besides,as a result of the fact that those who deal with the study of economic history are mainly historiography persons who haven't been trained in economics and they tend to regard economic history as an economic part of history or take the study of economic history as a study of economic matter in a historical way,works in economic history are mostly descriptive,say,they try to reflect the objective process of economic development through detailed description of economic activities without a systematic system info,conception system or specified theoretical research method ,lacking in a material variable analysis and academic theory connection. The article aims to have an analysis on the interactive relationship between the rise and fall of Keynesism and western economic cycle objectively and justly under the guidance of historical and dialectic materialism and Maxism politics and economics principles in the hope to widen our view and put the basic economics principles into the field of historical study ,trying an economic mode of thinking and introducing proper analysis methods in economics while depending on American economic activities since 1930's on the purpose of giving a scientific and rational interpretation to economic matters existing in the history.Through the study of the relationship between economics doctrines and economic cycles and the display of the operation law and characteristics of western economics,the article hopes to provide a way of thinking for the originality of modes of study on economic history as well as a reference for the exploration of the goals,paths and policies of market economy system.
Keywords/Search Tags:Keynesism, Post Keynesism, Neo-Liberalism, New Keynesism
PDF Full Text Request
Related items