Marxist Economics And Western Mainstream Economics Currency Credit Crisis Theory

Since the first outbreak of the economic crisis in the capitalist countries, manyeconomists put into research in this area, and promote the development of the theory ofeconomic crisis. Marx through the analysis of the capitalist economic system, socialrelations, research, economic crisis, its not only raised because of overproduction arecaused by the economic crisis, but also contains the virtual assets, inflation, real capitalsurplus which triggered the currency credit crisis, and its related sexual theory. Areas ofproduction and circulation of inspection, Marx theory of economic crisis, and provides atheoretical basis for the eradication of the economic crisis.Since the capitalist system is established, the capitalist countries will periodicallyeconomic crisis broke out, the face of the phenomenon of this cycle, the attitude ofmainstream Western economists the economic crisis from the beginning does notrecognize the change in order to recognize that many Western economists began tostudy the economic crisis, and proposed a series of crisis theory, but this did not changethe capitalist countries to get rid of the fate of the economic crisis, since2007, the U.S.subprime mortgage crisis gradually emerged and rapidly spread to other financialinstitutions and produced a series of a chain reaction that led to the concerns ofinvestors in real estate, financial services, the U.S. economy and global capital markets.The face of the global economic crisis, whether it is liberal school or Keynesianism canbe a complete theoretical explanation. In this context, re-reading of Marx’s economiccrisis theory, a correct understanding of the root causes of the formation by the capitalisteconomic crisis, the nature and formation mechanism of important guiding significancefor the answers to the economic crisis sweeping the world today.Based on this context, expand research, has certain reference significance for acorrect understanding of the theory of Marx’s economic crisis, a comprehensive grasp ofthe economic crisis in real terms. The face of the current economic crisis, mainstreamWestern economists collective aphasia, carefully studying the writings of Marx, to sort out system of the theory of Marxism-economic crisis, combined with the actual materialof the current economic crisis, and to explore its contemporary value, truly Marxdoctrine, practice, is a very important issue in the development of Marxist theory.This article is based on the theory of monetary credit crisis currency credit crisistheories of Marx and the Western mainstream economics, reveals the significance of thescientific guidance of Marx currency credit crisis theory. The first part discusses themethodological comparison of Marx and the Western mainstream economics, monetarycredit crisis theory, specifically addressed the Marxist dialectical materialism as amethodological basis, the abstract science of the formation process of the currency ofthe credit crisis, and through all aspects of contact, grasp the overall process ofeconomic crisis, compared to the CairnsMore scientific and methodological basis on behalf of the Western mainstreameconomists subjectivism. The second part of Marx and the Western mainstreameconomics on the formation of monetary credit crisis. Specifically addressed the studyof the general possibility of Marx on the Crisis and the real possibility. The third part ofa detailed analysis of the crisis in different formation mechanism. The fourth part of thebasic contradictions of capitalism of Marx’s theoretical perspectives lead to the root ofthe crisis, compared with Keynes thought caused the theoretical perspectives of thecauses of the crisis in human non-rational expectations and government misconduct.The fifth part is a detailed comparison between the parties with respect to the point ofview of crisis management, on the basis of the above discussion we draw theappropriate conclusions...