The Contemporary Financial Crisis From The Perspective Marxism’s Political Economy

With the collapse of the Bretton Woods system, computer information technology、 mathematical statistics and engineering are widely used in finance, has greatly contributed to financial innovation, and the development of the financial industry made a major breakthrough. But the financial derivatives represented by the financial innovation as more constraints from the real economy, coupled with highly leveraged trading patterns, making it far more destructive than the previous financial crisis. From the finance point of view. as more and more the importance of quantitative models, financial models has become a core element, but it ignores the people in the economies of the unique features, resulting in more and more non-financial risk control, at any time will have a financial crisis. In the analysis of the financial crisis, the Western mainstream economics often point to the root of the financial crisis financial regulation, monetary policy and other financial factors, while the Marxist theory is directed at the financial crisis is rooted in the basic contradictions of capitalism.This paper is to analyze the definition of the financial crisis, trends and content, summed up the importance of the financial crisis and urgency. Followed by Western economics and Marxist political economy, comparative, arrive at the similarities and differences between the two. so you can see the superiority of Marxism. Then combined with the contemporary phenomenon of the financial crisis, principles and mechanisms, while the real case for careful dissection to further dig out the real essence of the financial crisis. Once again. through the financial crisis for our country has taken measures and analysis of the effects and. based on prospects for future economic development that China needs to improve several key areas. Finally, from the Marxist theory of financial theory and practical to analyze. summarize the Marxist theory of the financial sector finance, economy and social aspects of human significance. indicating that only Marxist theory in order to truly solve the financial financial crisis, and guide the healthy development of human society.