The Contemporary Analysis Of Marx Economic Crisis Theory

Since the advent of Marx economic crisis theory, it has not out of date,the cyclical economic crisis still happens frequently in the capitalist countries of the contemporary world economic system. Although with the development of society and the changes of economic conditions, the economic crisis has new features, and in some areas is not consistent with Marx’s theory of the economic crisis, but this does not affect the correctness and scientificalness of Marx’s economic crisis theory.Why does economic crisis happen in the capitalist society?The reason is closely related with the mode of production and the political system of the capitalism country, it ultimately comes down to one point, which is the basic contradiction of capitalism society----the private ownership of the means of production and the socialization of production, and it is also the root cause of the economic crisis, its essence is relative surplus of production. The characteristics of the outbreak of the economic crisis in capitalist society is periodic, the crisis is the excessive expansion of the fictitious capital, fictitious capital credit plays a huge role, the interrupt will cause crisis. In the face of Marx economic crisis theory, the western economists have put forward their own views, such as Keynes, Minsky, of the economic crisis, but they did not like Marx to find the root causes of the economic crisis, but only focus on how to alleviate the economic crisis brought about by the damage, so Marx economic crisis theory is general and special , its particularity lies in the way to solve this problem-- the revolution, which is the reason why the Marx economic crisis theory is of great historical value and practical value.Since the economic crisis of overproduction in Britain for the first time since1825, the economic crisis with the development of capitalist production has become the world’s ills. Since World War II, it generally occurred in 5 periodic and worldwide economic crisis in the world, which shows some characteristics.Facet the impact of economic crisis,the main capitalist countries adopted fiscal policy, monetary policy and international coordination. especially in 2008, the subprime mortgage crisis is caused by America world economic crisis, the Marx economic crisis theory once again been confirmed. Therefore, the theory of Marx’s economic crisis is still correct theory, it has the enlightenment significance to implement the socialistsystem of our country. The Reform and Opening-up of China has gained the remarkable success for the past 30 years.Some scholars named the experience of our achievements as "China mode".But our achievement is result of the China socialism road which is leaded under the Communist Party of China,so it should be called "China road".In this condition,we can innovation boldly, develop economic,and make a deep foundation for "China dream" which is the great revival of the Chinese nation.