Inheritance and Innovation of Marx's Economic System

Author: Yang Guochang
Publisher:
Publish Date: 2005-06-01
Features: The economic theory of Marx is an important part of Marxism, which "provides the most profound, comprehensive, and detailed proof and application of Marx's theory."① Its main content is to study the laws of the emergence, development, and decline of the capitalist economic system, while also revealing the universally applicable laws of human society. However, Marx's economics did not conclude the truth; it continuously opens up new paths for understanding in practice. Since the birth of Marx's economics, in a century and a half, capitalism has evolved from free-market capitalism to monopolistic capitalism, then from private monopolistic capitalism to state-monopolistic capitalism, and is currently moving toward international monopolistic capitalism. Meanwhile, the modern human dream of socialism has transformed from utopia to science, and scientific socialism has transitioned from theory to reality, continuously exploring and advancing in practice. Marx's economics has also kept pace with the times. The theoretical system of Marx's economics is based on dialectical materialism and historical materialism. It was established by critically inheriting the scientific achievements of classical political economy. For over a century, this system has demonstrated strong vitality both theoretically and practically. Since World War II, especially since the 1980s and 1990s, with the rapid advancement of science and technology and the increasingly expansive trend of economic globalization, the world economy has undergone tremendous changes in all aspects, and the wave of reform has been unstoppable. How to evaluate the historical status and practical guiding role of the theoretical system of Marx's economics has increasingly drawn attention from the Party, the government, and theoretical workers. The book consists of nine chapters, reflecting the original form of the theoretical system of Marx's economics; reviewing the historical evolution of the political economy system after Marx and Engels; analyzing and exploring new situations, new problems, and new experiences in the modern capitalist and socialist economies.