On Chinese and International Scholars'Views in Recent 20 Years Towards Developmental Phases of Contemporary Capitalism

The history of Capitalism is a constantly-changing social movement with a series of climaxes.Scientifically judging at what phase Capitalism is now plays a significant part in correctly formulating socialist developmental strategy.However,due to the differences of judgment,the views of scholars are also diversified.The Chinese and international scholars'views in recent 20 years mainly includeGlobal Capitalism,Post-Capitalism,Late Capitalism,Financial Capitalism,Post-Imperialism,National Monopoly Capitalism,Social Capitalism,Transnational Monopoly Capitalism,Multinational Monopoly Capitalism,International Monopoly Capitalism,etc.These theories discuss the developmental phase of contemporary capitalism from different angles,with some reasonableness.However,undeniably,some views are biased for lack of evidence.The basic contradiction of capitalism decides its own birth,development and decease.To survive and develop,capitalism has to,with the socialization of production,socialize its way to own capital.Since its birth,the economic operational mechanism of capitalism has moved through free competition,private monopoly,national monopoly,and international monopoly.Correspondingly,as the main body of economic movement,capital transforms through private capital(including share capital),private monopoly capital,national monopoly capital, and international monopoly capital.To define contemporary capitalism to the phase of international monopoly capitalism not only complies with historical materialism,but also coincides with current realities.Once capital socialization comes to an end,the death- knell of capitalism will toll and then capitalism will die.