2012•Journal of University of South ChinaRequires access

On the Theoretical Basis of the Mode of China:Commodity Economy of Public Ownership of Marxist Theory

Yonghua Yang

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Abstract

Chinese model is essentially the market economy based on the socialist public ownership.Some scholars do not recognize Chinese Patterns,because they don't think the market economy can be compatible with public ownership,while they do hold the viewpoint that the market economy is only compatible with private ownership.They hold a theoretica basis that Marxist theory is not involved with public ownership of commodity economy.This paper thinks it is a misunderstanding.Marx studied commodity economy under original public ownership,researched commodity economy of rural communes under Asian mode of production and solved the critical theoretical problems of socialist commodity economy.Marx'theory of public ownership economy laid the theoretical basis of market economy of public ownership.

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Chinese model is essentially the market economy based on the socialist public ownership.Some scholars do not recognize Chinese Patterns,because they don't think the market economy can be compatible with public ownership,while they do hold the viewpoint that the market economy is only compatible with private ownership.They hold a theoretica basis that Marxist theory is not involved with public ownership of commodity economy.This paper thinks it is a misunderstanding.Marx studied commodity economy under original public ownership,researched commodity economy of rural communes under Asian mode of production and solved the critical theoretical problems of socialist commodity economy.Marx'theory of public ownership economy laid the theoretical basis of market economy of public ownership.

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Available abstract

Chinese model is essentially the market economy based on the socialist public ownership.Some scholars do not recognize Chinese Patterns,because they don't think the market economy can be compatible with public ownership,while they do hold the viewpoint that the market economy is only compatible with private ownership.They hold a theoretica basis that Marxist theory is not involved with public ownership of commodity economy.This paper thinks it is a misunderstanding.Marx studied commodity economy under original public ownership,researched commodity economy of rural communes under Asian mode of production and solved the critical theoretical problems of socialist commodity economy.Marx'theory of public ownership economy laid the theoretical basis of market economy of public ownership.

Key concepts: Commodity, Marxist philosophy, Mixed economy, Public ownership, Economics, Market economy, Socialist market economy, China

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