The Development Of Property Rights Theory And Its Enlightenment On Reform Of The State-owned Enterprises In China

In 2017 the government work report pointed out that the reform of state-owned enterprises is still one of the key work of this year,the mixed ownership reform of state-owned enterprises is the main structural reform of the supply side.This shows that the core and main content of the reform of state-owned enterprises is the reform of the state-owned property rights system,and the property rights system reform should have scientific property rights theory as the basis,of course.Look from the theoretical circle in our country,in recent years,some research was conducted on the theory of property rights,also made a lot of achievements,but there are a lot of controversies,such as the specific meaning of property rights,property rights system types and their selection criteria,the organization form of property specific on such issues as well as how to establish the modern property right system,there are many differences.This paper expounds the different stages of the development of property rights theory from the perspective of history.As a relatively complete theoretical system,the theory of property rights is only after the birth of Marxist economics,and then the new institutional economics school has made some amendments to the neoclassical economics,the property rights into its analytical framework,the formation of the Western property rights theory.This paper first examines the emergence and development of Marxist theory of property rights,and analyzes in detail the exploration of Marx's theory about property rights in different stages.He generally considered the private ownership from Hegel's idealist philosophy to the materialist view of property rights,and then studied of property rights from the field of law and philosophy to the field of economics,and then in specific social and historical conditions to deepen the property rights,and finally pointed out that the true nature of property rights is reflected in the social relations of production,and it is the sum of social relations of production,thus establishing a scientific framework of property rights analysis,and accordingly on the capitalist private ownership and its movement for a profound analysis and criticism,put forward the public ownership of private ownership is the inevitable result of the development of productive forces,is the inevitable requirement of division of labor development.Correspondingly,the origin and development of western property rights theory have also been retrospected and combed.Classical economists argued that private property systems and laissez-faire market mechanisms promote economic growth,but then neoclassical economists considered the initial distribution of private property as a prerequisite for economic analysis and ignore property rights issues,due to neoclassicalism poor social interpretation,to the 1930 s,theory of property rights began to rise and form,Coase's "nature of the enterprise" was published as a sign of modern Western property rights theory system,in 1960 his "social costs" clearly put forward the concept of transaction costs,the core idea of this book was later defined as the Coase theorem,Coase theorem became the core of Western property rights theory,and then opened up in the field of property rights research,some Western scholars have put forward the modern enterprise theory and principal-agent theory.By analyzing and comparing Marxist theory of property rights and Western property rights theory,it is not difficult to find a broader perspective on Marx's theory of property rights,especially in revealing the nature of property rights and the development of macro-level property rights system is better than Western property rights theory,and Western property rights theory to improve the economic performance as the center of the rights of the allocation of ideas can completely change the private ownership under the premise of our use.China is a socialist country,we must ensure that the basic economic system of socialism,so we must adhere to the dominant position of public property rights,while we could introduct multiple property rights subject,to achieve effective incentives and constraints.State-owned enterprises can develop a mixed ownership economy controlled by state-owned property rights,form a diversified property structure,and improve economic efficiency.The reform of property rights of state-owned enterprises should strengthen the core system construction and supportive system construction,reduce the commission--agent cost,create a competitiveinstitutional environment,revitalize the state-owned economy,make the state-owned enterprises better realize economic efficiency and social responsibility.