Studies On Capital Socialization Of Public Ownership Under The Condition Of Socialist Market Economy

The capital socialization refers to the central tendency which is from the individual capital to socialcapital and the differentiation state of capital ownership which is from the individual to society.Theprocess of capital socialization includes two directions of motion, one is the capital concentration, theother is the differentiation of capital ownership. Since the Third Plenary Session of the Eleven, Chinahas gradually cleared historical position of the socialist society and emphasized the status of the primarystage of socialism in our country, new understandings of the use and elimination of capital and positiverole in the construction of socialism by capital. Although the capital socialization of public ownership isa relatively new expression, it is carried out in practice and mainly manifests for the joint-stock reformof state-owned enterprises and the utilization of social capital under the condition of socialist marketeconomy. The aim of studies on the capital socialization of public ownership under the condition ofsocialist market economy is to find the new development of public ownership in the process of capitalsocialization.It will point out that capital socialization of public ownership is an inevitable trend of the reform ofeconomic system in china by the analysis of the classic literature and the carding of discusses of Marxand Engels about capital, along with China’s actual situation and the reform practice and the data whichsupports the capital socialization of public ownership. We can get the following results. There is a gapbetween public ownership in China at the present stage and direct public ownership which Marxdiscussed and the present public ownership can be regarded as a special kind of indirect publicownership. Under the condition of socialist market economy, mixed ownership is a product ofcombining public ownership and market economy along with public and private ownership. Publicownership exists the important tendency to transform into mixed ownership in the process of capitalsocialization and it promotes joint-stock system of mixed ownership to become the main realizationform of public ownership. We can use the credit degree, degree of separation of ownership andmanagement, the degree of differentiation of the capital ownership and securitization rate to measure thedevelopment and growth of public ownership in the process of capital socialization.The use of capital in the primary stage of socialism is in order to use and discard the capital, thecapital ownership of public ownership promotes the rebuilding of individual ownership to realize thetransformation which is from indirect public ownership to public ownership, to accelerate economictransition to communism higher-order stage. It will gradually eliminate the "four things", that is toeliminate all class differences, the relations of production generated by these differences, all the socialrelations adopted to the relations of production and all the ideas generated by these relations ofproduction in the economic transition.