Marx’s Theory Of Economic Crisis And Its Contemporary Inspiration

Understanding of the economic crisis there have always been two differentperspectives: the perspective of the First Western mainstream economics; Second, theperspective of Marxist economics. Western mainstream economics, capitalist marketeconomy should be natural, spontaneous and optimal form of economic organization,and therefore, their views or deny the possibility of the occurrence of acomprehensive crisis of capitalist society, or to think of policy failures and accidentalexternal factors crisis the main reason for the outbreak. However, Marxist economicshas enlightened thought, it does not deny that these surface phenomena, while thelook on the deeper nature of factors, starting with the nature of his sport andcontradictions of the capitalist economic system, capitalism attempts to reveal the rootcauses of the economic crisis, and trends in the evolution of internal logic, and whichfind concrete measures and fundamental way to solve the crisis. Therefore, this articleis based on previous studies, review the basic theory of Marx’s theory of economiccrisis, it brings inspiration to explore China’s socialist market economy.This paper is divided into four parts:The first part describes the formation and development of Marx’s theory ofeconomic crisis. This part is a combination of the social background of the formationof capitalist development and the main content of Marx’s theory of economic crisis,Marx elaborated the theory of economic crisis.The second part is the comparison of Marx’s economic theory and other theoriesof crisis. This section summarizes the advantages and the role of the Marxist theoryof the economic crisis on the basis of the economic crisis and the Keynesian theory,the Minsky economic crisis theory comparison, the objective conclusions,highlighting the significance of Marxist theory with the theory of economic crisis eravalue.The third part of the2008world economic crisis as the main object of study inthe field of view of political economy, the current world economic crisis on theproperty and the transition to generalize and summarize enable us to rethink thecapitalist economic crisis. The fourth part focuses on the revelation of Marxist economic theory of the crisison China’s socialist economic construction. First, the early theory of the businesscycle in the field of economics were reviewed and reflection, followed by guidanceon the development of the socialist market economy to explain the economic crisis ofcontemporary Marxist theory of revelation.Marx’s economic theory for our understanding of the economic crisis, the crisisprovides a profound and unique theoretical perspective, for our scientificunderstanding of the current world financial and economic crisis, properly deal withthe challenges of crisis, to better adhere to and develop socialism with Chinesecharacteristics has important guiding significance.