Research On Marx’s Credit Theories And Principles And The Contemporary Value

Credit theories and principles is an important basic theory of Marxist political economy.Credit is a crucial means of capital accumulation and expansion,so the credit problem has become a major practical problem in the modern market economy.On the basis of the research on the operation of capitalist economy,Marx investigated the origin,form and function of credit,revealed the essence of capitalist credit,put forward the duality of credit,and revealed the secret of capital expansion and economic exploitation behind credit,thus forming Marx’s credit theories and principles.Marx’s credit theories and principles provide scientific theoretical guidance for us to examine the credit problems in modern society,especially the credit problems under the condition of the socialist market economy with Chinese characteristics.Based on this,this paper is divided into three parts.The first chapter presented the main content of "The Historical Generation of Marx’s Credit Theories and Principles".Marx’s credit theories and principles,the product of a specific historical stage,are generated based on Marx’s critical inheritance of bourgeois credit theory with a close relation to capitalist credit practice.It has experienced three stages of development successively,namely,the germination of thought,the maturity of system and the perfection of theory.It follows the generative logic from comprehensive negation to critical inheritance,from human nature criticism to system criticism,and from general problems to special problems,thus constructing a scientific and dialectical system of Marx’s credit theories and principles.The second chapter showed the main content of "The Basic Content of Marx’s Credit Theories and Principles".Marx divided the credit into commercial credit,bank credit,public credit and international credit.He summarized the basic functions of credit as realizing capital concentration,accelerating capital turnover and fully stimulating demand.The development of credit plays a decisive role in the development of fictitious economy.Marx put forward that credit promotes the development of capitalist economy,and at the same time,it also increases the possibility of capitalist economic crisis.The third chapter stated the main content of "The Contemporary Value of Marx’s Credit Theories and Principles".Marx’s credit theories and principles reveal the essence of capitalist credit as a tool to pursue profits,explain the harm of excessive credit expansion,and draw a clear line with bourgeois credit theory.Marx’s theory of virtual capital credit,bank credit,and the tentative idea to exacerbate the risk of credit,the enlightenment in the development of credit economy in our country should fully give play to the role of the government’s control on credit,reasonable development of credit derivatives,dealing with the relation between virtual economy and real economy,give full play to the bank credit intermediary role at the same time,Marx’s credit theories and principles provide a theoretical basis for the economic development of our country’s credit.This paper systematically summarizes and sorts out Marx’s viewpoints and expositions on credit,which are scattered in many texts,presents Marx’s credit theory as a whole,and avoids many misunderstandings and prejudices on this theory.On this basis,this theory is combined with the development of the current socialist market economy in our country,so as to give full play to the leverage of credit and scientifically and effectively regulate the modern market credit crisis,which is of great significance in both theoretical and practical research levels.