A Study On The European Debt Crisis Based On Marx 's Economic Crisis Theory

The global economy has just begun a slow recovery from the financialcrisis, Europe and shrouded in the shadow of the sovereign debt crisis as one ofthe world’s two major economies of Europe, the concentration of the outbreak ofthe debt problems will inevitably drag on the pace of global economic recovery.Marx’s early in nineteenth Century40s, began to study on cyclical crisis ofcapitalist economy, think Overproduction is the essence of the capitalisteconomic crisis, the European debt crisis is also a virtual economic surpluscaused。Further escalation of the eurozone sovereign debt crisis, will not onlyaffect the economic recovery of the United States and Europe, will transfer tothe other economies, triggering a new round of turmoil, a direct impact on theglobal economy. It’s too early to say the crisis has past, China should join otherAsian countries of the Southern African Development Community, andemerging market countries to jointly cope with the adverse effects of the crisis.Conform with the trend, the challenge of socialism with Chinese characteristics,to open up a path of economic development.