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An Analysis Of Marx's Theory Of Economic Growt

Posted on:2023-12-07Degree:MasterType:Thesis
Country:ChinaCandidate:X LiuFull Text:PDF
GTID:2569306791958919Subject:Political economy
Abstract/Summary:
“Economic growth”,as one of the most important concepts in modern economics,was not proposed by Marx himself,but in Marx’s writings there are many ideas about economic growth scattered throughout the theory of social reproduction.This article is based on reading Marx’s relevant works and combined with the theoretical analysis of existing research results.The article analyzes Marx’s relevant expositions on economic growth,summarizes Marx’s theoretical framework for economic growth,and on this basis,obtains that economic growth is ultimately manifested as the growth of output,that is,the growth of output brought about by the production of “means of production”.In addition,this paper takes the theory of the expansion and reproduction of social capital as the main line,and starts from Marx’s basic numerical model,and conducts a more in-depth exploration of the dynamic equilibrium growth process of capital movement.Firstly,the movement process of the two types of capital is analyzed,the conditions for the balanced growth of the two major categories are discussed,and it is found that only when the accumulation rate of the first part and the proportion of the initial prepaid constant capital of the two parts reach a certain adaptive relationship,the two major categories can achieve “dynamic equilibrium” growth,that is,maintain a consistent capital growth rate.If this adaptive relationship is not satisfied,the two major classes will achieve “dynamic balance” in the first phase through self-adjustment between the ministries.Secondly,this paper also explores the movement of capital when given the accumulation rate of the second part,and finds that unless the accumulation rate of the second part of the dynamical equilibrium is given in advance,the two classes can never achieve “dynamic equilibrium” growth,and after analysis,the first class occupies the primary position in production,“the accumulation of the first class leads to the accumulation of the second class”,but the reverse does not hold,and the primacy of the first class is realized under the constraint of the second class,which once again confirms the basic position of the growth of the“means of production” sector.This paper also gives a broader explanation of “means of production”,that is,in the contemporary real society,the production of “means of production” departments means all the departments or industries that “produce for the sake of production”,so the “means of production” in the new era not only involves the traditional meaning of means of production such as machines,equipment,raw materials,etc.,but also includes infrastructure such as railways,highways,airports and other infrastructure and big data,technology,traffic and other new era,invisible “means of production”.Further reveals that in the current society,promoting scientific and technological research and development,promoting industrial information development and so on to promote economic growth is extremely important.
Keywords/Search Tags:Social capital expands reproduction, Economic growth, Dynamic equilibrium, The principle of primacy of the Ministry of Production Capital
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