Exploration of Modern Political Economy

Author: Yu Jinfu / Li Qingchun
Publisher:
Publish Date: 2005-06-01
Features: As an academic work on the exploration of modern political economy, the primary feature of this book is that it identifies the research object of political economy as the socio-economic structure, namely the mode of production and the corresponding production relations that adapt to it. Guided by the scientific methodology of Marxist political economy, the authors conduct a comprehensive analysis of the modern mode of production, its production relations, and the modern socio-economic structure, proposing many new viewpoints and insights. The authors argue that modern capitalism is built upon the modern industrial production method and the modern market economy. The socio-economic form of modern society is a modern capitalism—social capitalism—distinguished from classical capitalism in many important aspects. Modern socialism is a mode of production centered on the market economy, and modern socialist production relations are characterized by the dominance of laborers and the distribution according to factors of production.