Pub Date : 2022-02-17DOI: 10.13169/worlrevipoliecon.12.2.0150
Fusheng Xie, Xiaolu Kuang, Jiateng Wang
We construct a framework for the interaction between economic system reform and the technological-economic system in order to analyze the dynamic process of China’s economic transformation and development. China has passed through three major phases of economic system reform, which have involved reforming the commodity economy through planning, establishing the socialist market economic system, and improving the socialist market economic system. Correspondingly, China has gone through three technological-economic systems, which may be summed up as: “quantitative subsistence consumption and extensive production without technological progress,” “qualitative subsistence consumption and extensive production with technological progress,” and “standardized mass consumption and mass production.” Since 2012, China’s economy has entered the era of a “new normal,” characterized by lower growth rates. This indicates a fundamental shift in the patterns of social demand away from the current technological-economic system that is growing incapable of sustaining rapid capital accumulation and thus needs transforming. To better explain China’s miracle, we focus on the ways in which the contradictions within each technological-economic system have evolved and have been resolved through targeted reforms to the economic system. Eventually, these reforms will lead to a new system that facilitates further capital accumulation.
{"title":"China’s Miracle","authors":"Fusheng Xie, Xiaolu Kuang, Jiateng Wang","doi":"10.13169/worlrevipoliecon.12.2.0150","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.12.2.0150","url":null,"abstract":"We construct a framework for the interaction between economic system reform and the technological-economic system in order to analyze the dynamic process of China’s economic transformation and development. China has passed through three major phases of economic system reform, which have involved reforming the commodity economy through planning, establishing the socialist market economic system, and improving the socialist market economic system. Correspondingly, China has gone through three technological-economic systems, which may be summed up as: “quantitative subsistence consumption and extensive production without technological progress,” “qualitative subsistence consumption and extensive production with technological progress,” and “standardized mass consumption and mass production.” Since 2012, China’s economy has entered the era of a “new normal,” characterized by lower growth rates. This indicates a fundamental shift in the patterns of social demand away from the current technological-economic system that is growing incapable of sustaining rapid capital accumulation and thus needs transforming. To better explain China’s miracle, we focus on the ways in which the contradictions within each technological-economic system have evolved and have been resolved through targeted reforms to the economic system. Eventually, these reforms will lead to a new system that facilitates further capital accumulation.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48274875","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-02-17DOI: 10.13169/worlrevipoliecon.12.2.0181
James M. Craven
What kinds of persons, organizations, cultures, or indeed systems←→ideologies speak and use the language of domination, control, self-proclaimed Number One in undefined and immeasurable ways? Prominent transnational neo-lib/con (purple fusion) ideologues, politicians, militarists do not speak of strategic parity or security or defense, but speak of dominance and dominating all other nations and/or non-state actors even daring to challenge their self-somberly-asserted doctrine. They do not speak of strategic dominance in terms of battle spaces (land, sea, air, space, cyberspace, cognito-space, electromagnetic space) but forms of offensive and defensive weapons; influence in strategic global institutions; control over strategic resources, technologies, R&D centers; control of key educational institutions and their curricula. This paper explores some of the contradictions, causes, effects, dynamics, failures of evolving imperial doctrines and institutions governing various declared and undeclared forms, methods, and arenas of global dominance sought now and in the future.
{"title":"US Imperial Quests","authors":"James M. Craven","doi":"10.13169/worlrevipoliecon.12.2.0181","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.12.2.0181","url":null,"abstract":"What kinds of persons, organizations, cultures, or indeed systems←→ideologies speak and use the language of domination, control, self-proclaimed Number One in undefined and immeasurable ways? Prominent transnational neo-lib/con (purple fusion) ideologues, politicians, militarists do not speak of strategic parity or security or defense, but speak of dominance and dominating all other nations and/or non-state actors even daring to challenge their self-somberly-asserted doctrine. They do not speak of strategic dominance in terms of battle spaces (land, sea, air, space, cyberspace, cognito-space, electromagnetic space) but forms of offensive and defensive weapons; influence in strategic global institutions; control over strategic resources, technologies, R&D centers; control of key educational institutions and their curricula. This paper explores some of the contradictions, causes, effects, dynamics, failures of evolving imperial doctrines and institutions governing various declared and undeclared forms, methods, and arenas of global dominance sought now and in the future.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-02-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45969814","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.2.0192
Bin Yu
The Okishio theorem is a classic theory of Japanese Marxism that denies the law of the decline of the general rate of profit proposed by Marx in the third volume of Capital. The theorem seriously affects the correct understanding of the mode of production and the economic crisis in capitalist countries today. Analyzing the original text of the Okishio theorem, this article finds that the theorem does not distinguish between paid and unpaid labor, and that its mathematical model is based on an incorrect understanding of Marx’s views and of the capitalist mode of production. The theorem’s mathematical proof process is itself untenable and even contradicts the numerical examples that Okishio gives. In fact, Okishio negates Marx’s view by effectively denying the existence of the capitalist mode of production. Unexpectedly, this article also finds that a decline in the general rate of profit will result even if all enterprises do not increase their organic composition of capital, but if only enterprises with a higher organic composition of capital expand their proportions in the economy.
{"title":"Analysis of the Okishio Theorem","authors":"Bin Yu","doi":"10.13169/worlrevipoliecon.13.2.0192","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.2.0192","url":null,"abstract":"The Okishio theorem is a classic theory of Japanese Marxism that denies the law of the decline of the general rate of profit proposed by Marx in the third volume of Capital. The theorem seriously affects the correct understanding of the mode of production and the economic crisis in capitalist countries today. Analyzing the original text of the Okishio theorem, this article finds that the theorem does not distinguish between paid and unpaid labor, and that its mathematical model is based on an incorrect understanding of Marx’s views and of the capitalist mode of production. The theorem’s mathematical proof process is itself untenable and even contradicts the numerical examples that Okishio gives. In fact, Okishio negates Marx’s view by effectively denying the existence of the capitalist mode of production. Unexpectedly, this article also finds that a decline in the general rate of profit will result even if all enterprises do not increase their organic composition of capital, but if only enterprises with a higher organic composition of capital expand their proportions in the economy.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66274851","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.3.0362
Rodrigo Straessli Pinto Franklin, R. E. Borges, C. Sánchez, Everlam Elias Montibeler
Empirical estimates derived in line with the Marxist framework are essential to fully address several topics, from the dynamics of profit and exploitation rates to unequal exchange, crisis and strategies. Edward Ochoa presented and implemented a pioneering practical proposal to perform such strand of calculations from widely available input–output data. That leveraged method has become widespread in empirical studies. This article focuses on a controversial aspect of such a proposal: the reduction of skilled or complex to simple unskilled labour. After a critical dialogue from a theoretical point of view, this article provides estimate comparisons based on available data for the period 1995 to 2009, discusses alternative proposals and stresses their virtues and caveats, pointing to the strength of methods that don’t fully rely on wage indexes and to future paths of research needed.
{"title":"Skilled Labour and the Reduction Problem","authors":"Rodrigo Straessli Pinto Franklin, R. E. Borges, C. Sánchez, Everlam Elias Montibeler","doi":"10.13169/worlrevipoliecon.13.3.0362","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.3.0362","url":null,"abstract":"Empirical estimates derived in line with the Marxist framework are essential to fully address several topics, from the dynamics of profit and exploitation rates to unequal exchange, crisis and strategies. Edward Ochoa presented and implemented a pioneering practical proposal to perform such strand of calculations from widely available input–output data. That leveraged method has become widespread in empirical studies. This article focuses on a controversial aspect of such a proposal: the reduction of skilled or complex to simple unskilled labour. After a critical dialogue from a theoretical point of view, this article provides estimate comparisons based on available data for the period 1995 to 2009, discusses alternative proposals and stresses their virtues and caveats, pointing to the strength of methods that don’t fully rely on wage indexes and to future paths of research needed.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66275014","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.3.0391
Sergey Dmitrievich Bodrunov
The article raises the issue of using the historical experience of planning initiated by the establishment of the State Planning Committee in Soviet Russia in 1921. Of course, literal borrowing of the Soviet directive planning model is out of the question. However, it has also been proved in actual practice that planning methods can be successfully applied in countries with market economies. These methods are especially efficient for ensuring accelerated development and deep structural transformations in the economy. Therefore, turnabout to using planning experience is not a step back to the past, but on the contrary, a step forward to ensuring deep transformations of the modern economy. Today’s economic development has been facing deep contradictions, first and foremost of which is the obvious gap between opportunities created by the latest technologies and increasing risks and threats to the development of human civilization. The traditional market model, especially in its neoliberal version, does not open up opportunities for resolving these contradictions and often even exacerbates them. Thus, it is necessary to transition to a different socio-economic model that is based on the latest trends in technologies and allows using them to overcome the crisis of modern civilization. The author considers such a model in the framework of the noonomy concept developed by him, i.e., a non-economic way of meeting people’s needs. In this regard, planning methods act as one of the necessary tools for the transition to such a model.
{"title":"MODERN DEVELOPMENT STRATEGY REQUIRES TURNABOUT TO PLANNING","authors":"Sergey Dmitrievich Bodrunov","doi":"10.13169/worlrevipoliecon.13.3.0391","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.3.0391","url":null,"abstract":"The article raises the issue of using the historical experience of planning initiated by the establishment of the State Planning Committee in Soviet Russia in 1921. Of course, literal borrowing of the Soviet directive planning model is out of the question. However, it has also been proved in actual practice that planning methods can be successfully applied in countries with market economies. These methods are especially efficient for ensuring accelerated development and deep structural transformations in the economy. Therefore, turnabout to using planning experience is not a step back to the past, but on the contrary, a step forward to ensuring deep transformations of the modern economy. Today’s economic development has been facing deep contradictions, first and foremost of which is the obvious gap between opportunities created by the latest technologies and increasing risks and threats to the development of human civilization. The traditional market model, especially in its neoliberal version, does not open up opportunities for resolving these contradictions and often even exacerbates them. Thus, it is necessary to transition to a different socio-economic model that is based on the latest trends in technologies and allows using them to overcome the crisis of modern civilization. The author considers such a model in the framework of the noonomy concept developed by him, i.e., a non-economic way of meeting people’s needs. In this regard, planning methods act as one of the necessary tools for the transition to such a model.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66275025","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.3.0401
Hari Roka
The construction project agreed with the Millennium Challenge Corporation (MCC) has become highly controversial in Nepal. According to MCC policy, the contract, signed in 2017 with the goal of increasing the availability of electricity in Nepal and reducing transportation costs, must be ratified by the Nepali parliament. Confusion and controversy arose, since the move would create a precedent for the ratification by parliament, if demanded, of each and every foreign investment in Nepal. There are also legal controversies when countries that receive MCC grants are required to comply with MCC provisions intended to ensure that projects are not hampered by changes in state law. A further controversial point is a provision that makes implementation of the MCC project conditional on approval from India. The MCC is actually a part of the United States’ broader Indo-Pacific Strategy (IPS), related to military pacts such as the QSD (Quadrilateral Security Dialogue) that are aimed at containing China. In such circumstances, how can Nepal maintain its stance as a non-aligned nation in relation to its giant neighbors? Leaders of various political parties, civil society organizations, and the general public in Nepal currently fall into two camps that either support or reject the MCC grant.
{"title":"WHY OPPOSE THE MILLENNIUM CHALLENGE CORPORATION IN NEPAL?","authors":"Hari Roka","doi":"10.13169/worlrevipoliecon.13.3.0401","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.3.0401","url":null,"abstract":"The construction project agreed with the Millennium Challenge Corporation (MCC) has become highly controversial in Nepal. According to MCC policy, the contract, signed in 2017 with the goal of increasing the availability of electricity in Nepal and reducing transportation costs, must be ratified by the Nepali parliament. Confusion and controversy arose, since the move would create a precedent for the ratification by parliament, if demanded, of each and every foreign investment in Nepal. There are also legal controversies when countries that receive MCC grants are required to comply with MCC provisions intended to ensure that projects are not hampered by changes in state law. A further controversial point is a provision that makes implementation of the MCC project conditional on approval from India. The MCC is actually a part of the United States’ broader Indo-Pacific Strategy (IPS), related to military pacts such as the QSD (Quadrilateral Security Dialogue) that are aimed at containing China. In such circumstances, how can Nepal maintain its stance as a non-aligned nation in relation to its giant neighbors? Leaders of various political parties, civil society organizations, and the general public in Nepal currently fall into two camps that either support or reject the MCC grant.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"123 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66275075","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.2.0209
R. Das
A large number of people around the world now support the idea of socialism and are critical of capitalism. These numbers, though growing, are not yet enough to end capitalism, but they form the basis for a movement to win over more people to socialism and away from a system dominated by capitalist market relations. Besides, many of those who have a favourable view of socialism may not exactly know what it is or they may not exactly know how/why capitalism is the cause of their misery. A socialist movement requires ideas that not only defend socialism but also show how capitalism works and why it is harmful to the majority. Many of these ideas are present in The Communist Manifesto written by Karl Marx and Frederick Engels almost 175 years ago, in a context where people were turning to revolutionary ideas and practices in Europe. If, as Lenin said, a revolutionary movement needs revolutionary ideas, The Communist Manifesto is indeed a fertile source of some of these ideas. It makes two main kinds of knowledge claim: knowledge claims to describe and explain the world, and knowledge claims to critique the world and show that an alternative world is necessary and possible. Keeping in view the newly radicalizing elements of the public, including the youth, this article presents the ideas of The Communist Manifesto in terms of precise and systematically organized knowledge claims that cover three main areas of Marxism (historical materialism, political economy, and communist/socialist practice).
{"title":"On The Communist Manifesto: Ideas for the Newly Radicalizing Public","authors":"R. Das","doi":"10.13169/worlrevipoliecon.13.2.0209","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.2.0209","url":null,"abstract":"A large number of people around the world now support the idea of socialism and are critical of capitalism. These numbers, though growing, are not yet enough to end capitalism, but they form the basis for a movement to win over more people to socialism and away from a system dominated by capitalist market relations. Besides, many of those who have a favourable view of socialism may not exactly know what it is or they may not exactly know how/why capitalism is the cause of their misery. A socialist movement requires ideas that not only defend socialism but also show how capitalism works and why it is harmful to the majority. Many of these ideas are present in The Communist Manifesto written by Karl Marx and Frederick Engels almost 175 years ago, in a context where people were turning to revolutionary ideas and practices in Europe. If, as Lenin said, a revolutionary movement needs revolutionary ideas, The Communist Manifesto is indeed a fertile source of some of these ideas. It makes two main kinds of knowledge claim: knowledge claims to describe and explain the world, and knowledge claims to critique the world and show that an alternative world is necessary and possible. Keeping in view the newly radicalizing elements of the public, including the youth, this article presents the ideas of The Communist Manifesto in terms of precise and systematically organized knowledge claims that cover three main areas of Marxism (historical materialism, political economy, and communist/socialist practice).","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66274861","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.2.0255
G. Carchedi
Guglielmo Carchedi is a Professor Emeritus at the Department of Economics and Econometrics, University of Amsterdam, and was an Adjunct Professor at the University of York, Canada. His research interests are Marxist economics, Marxist sociology, and Marxist epistemology. He is the author of many articles and books, including On the Economic Identification of Social Classes (Routledge, 1977), For Another Europe (Verso, 2001), Behind the Crisis (Haymarket, 2012), and The World in Crisis (with Michael Roberts, Haymarket Books, 2018). Email: carchedi38@gmail.com
{"title":"Acceptance Speech for the World Marxian Economics Award (II)","authors":"G. Carchedi","doi":"10.13169/worlrevipoliecon.13.2.0255","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.2.0255","url":null,"abstract":"Guglielmo Carchedi is a Professor Emeritus at the Department of Economics and Econometrics, University of Amsterdam, and was an Adjunct Professor at the University of York, Canada. His research interests are Marxist economics, Marxist sociology, and Marxist epistemology. He is the author of many articles and books, including On the Economic Identification of Social Classes (Routledge, 1977), For Another Europe (Verso, 2001), Behind the Crisis (Haymarket, 2012), and The World in Crisis (with Michael Roberts, Haymarket Books, 2018). Email: carchedi38@gmail.com","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66274918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.2.0260
Xiaoqin Ding, Jinrun Ma, Xinqi Yan
Organized around the theme “Rethinking Economic Analysis: The Perspective of Political Economy,” the 15th Forum of the World Association for Political Economy was hosted by the World Association for Political Economy and the Shanghai International Studies University on December 18 and 19, 2021. Nearly 300 scholars from more than 40 countries discussed in depth the topics of Marxist and capitalist economics; the crisis and criticism of capitalism; envisioning socialism; socialism with Chinese characteristics for a new era; agricultural problems; ecological problems and new economic forms from the perspective of political economy; the plight of developing countries and how to solve it; political and economic considerations related to COVID-19; multipolarization, and geopolitical economy. The scholars attending the forum put forward many scientific theories and policy suggestions, which strengthened the position of Marxist political economy and provided an important ideological weapon helping working people all over the world to unite against the irrational capitalist system and the hegemonic acts of the new imperialism, while promoting the construction of a community with a shared future for mankind and the creation of a new form of human civilization.
{"title":"Rethinking Economic Analysis: The Perspective of Political Economy","authors":"Xiaoqin Ding, Jinrun Ma, Xinqi Yan","doi":"10.13169/worlrevipoliecon.13.2.0260","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.2.0260","url":null,"abstract":"Organized around the theme “Rethinking Economic Analysis: The Perspective of Political Economy,” the 15th Forum of the World Association for Political Economy was hosted by the World Association for Political Economy and the Shanghai International Studies University on December 18 and 19, 2021. Nearly 300 scholars from more than 40 countries discussed in depth the topics of Marxist and capitalist economics; the crisis and criticism of capitalism; envisioning socialism; socialism with Chinese characteristics for a new era; agricultural problems; ecological problems and new economic forms from the perspective of political economy; the plight of developing countries and how to solve it; political and economic considerations related to COVID-19; multipolarization, and geopolitical economy. The scholars attending the forum put forward many scientific theories and policy suggestions, which strengthened the position of Marxist political economy and provided an important ideological weapon helping working people all over the world to unite against the irrational capitalist system and the hegemonic acts of the new imperialism, while promoting the construction of a community with a shared future for mankind and the creation of a new form of human civilization.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66274927","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2022-01-01DOI: 10.13169/worlrevipoliecon.13.3.0300
Zili He
Marxist political economy possesses a unique theoretical quality, and provides deep insights into the laws of social development and the progress of human society. The political economy of socialism with Chinese characteristics is the product of combining the fundamentals of Marxist political economy with the practice of the economic construction of socialism with Chinese characteristics; it also plays an important role in guiding China as it records economic achievements that are attracting worldwide attention. Socialism with Chinese characteristics has entered a new era, in which the political economy of socialism with Chinese characteristics is being called upon to deal with a series of new issues as well as to make new contributions to promoting the construction of socialist modernization and the cause of reform and opening-up.
{"title":"On the Theoretical Features of the Political Economy of Socialism with Chinese Characteristics and the New Issues","authors":"Zili He","doi":"10.13169/worlrevipoliecon.13.3.0300","DOIUrl":"https://doi.org/10.13169/worlrevipoliecon.13.3.0300","url":null,"abstract":"Marxist political economy possesses a unique theoretical quality, and provides deep insights into the laws of social development and the progress of human society. The political economy of socialism with Chinese characteristics is the product of combining the fundamentals of Marxist political economy with the practice of the economic construction of socialism with Chinese characteristics; it also plays an important role in guiding China as it records economic achievements that are attracting worldwide attention. Socialism with Chinese characteristics has entered a new era, in which the political economy of socialism with Chinese characteristics is being called upon to deal with a series of new issues as well as to make new contributions to promoting the construction of socialist modernization and the cause of reform and opening-up.","PeriodicalId":41482,"journal":{"name":"World Review of Political Economy","volume":"1 1","pages":""},"PeriodicalIF":0.3,"publicationDate":"2022-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"66274963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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