The Art of State Intervention: The Evolution of Keynesian Economics

Author: Qi Guangying et al
Publisher:
Publish Date: 2002-01-01
Features: In today's world, human economic thought is basically divided into two categories: one reflects the fundamental interests of the labor class through various Marxist economic trends, and the other reflects the fundamental interests of the exploiting class through various bourgeois economic trends. Since China is implementing a socialist market economy system with public ownership as the main body, it is reasonable to guide itself with Marxist economics while scientifically borrowing and continuing from contemporary Western economics. Regarding Western management theories, we must continue to eliminate certain "leftist" academic tendencies prevalent before the reform, as well as promptly eliminate certain "rightist" academic tendencies that have become popular after the reform. Only by adhering to and advancing Marxist economics, while adhering to the socialist direction of economic reform and development, can China's modernization and the global communist community of humanity be realized more quickly. As Comrade Jiang Zemin pointed out in his speech at the "Celebration of the 80th Anniversary of the Founding of the Communist Party of China," "The basic principles of Marxism must always be upheld, as Marxism possesses the theoretical quality of keeping pace with the times." "We must not only establish the great ideal of communism, strengthen our convictions, and demand and inspire ourselves with noble ideological and moral standards, but also work diligently and pragmatically to achieve the Party's basic program for the current stage, unremittingly striving and solidly accomplishing every task of the present stage." "We must always pursue truth and fight for truth."