The International Financial Crisis of Marxist Political Economics Analysis
|School||Henan Agricultural University|
|Course||The basic theory of Marxism|
|Keywords||Financial crisis Marxist political economics Analysis|
In March 2007 America’s second-largest sub prime mortgage agencies - the new century financial corporation for unable to repay $84 billion of debt and bankruptcy due to start, has been people comment in succession of sub prime mortgages problem finally gradual to be surface. As events continue to expand, more and more financial institutions were involved in this financial crisis. And gradually from the internal to spread worldwide, from the western developed countries to emerging market countries, from virtual economy to entity economy that originated in the United States, the spread of the sub prime mortgage crisis has gradually evolved into a global financial crisis. Although the capitalist system establishment has already experienced from the development of hundreds of years, the capitalist system in the different stages of development also have their respective characteristics, but decided its fate of the most fundamental contradiction remains unchanged. As long as the capitalist system still exists, financial crisis will inevitably occur. By using Marxist political economics for the international financial crisis views on a deeper level of analysis and reflection, might provide certain model significance for the later our country socialist market economy development.