Discussing Marx's Macro-monetary Theory
Yang Wen-jin
Abstract
Yang Wen-jin
Abstract
The monetary theory is a very important component part in the economic theory system of Marx.The analyses of Marx to the whole capitalism economic system are all established on the basis of monetary theory.The pursuit to the money but the products in kind,makes that the capitalism becomes monetary economy but the exchange economics.So the money possesses special important action in the capitalism or the market economy.The change of its quantity determines the motion direction of the market economy.Proceeding from the Marx's endogenous monetary theory,it can get the conclusion that the capitalism economy keeps relatively stability in long-term,but unceasingly fluctuation in short-term.Therefore,the objectively recognition of the main contents of Marx's monetary theory have not only the very important significance to the correct comprehension the Marx's macro -dynamic theory system,but also have the very important reference significance to the constructing the economics with Chinese feature and the monetary regulation and control.
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The monetary theory is a very important component part in the economic theory system of Marx.The analyses of Marx to the whole capitalism economic system are all established on the basis of monetary theory.The pursuit to the money but the products in kind,makes that the capitalism becomes monetary economy but the exchange economics.So the money possesses special important action in the capitalism or the market economy.The change of its quantity determines the motion direction of the market economy.Proceeding from the Marx's endogenous monetary theory,it can get the conclusion that the capitalism economy keeps relatively stability in long-term,but unceasingly fluctuation in short-term.Therefore,the objectively recognition of the main contents of Marx's monetary theory have not only the very important significance to the correct comprehension the Marx's macro -dynamic theory system,but also have the very important reference significance to the constructing the economics with Chinese feature and the monetary regulation and control.
Key concepts: Economics, Capitalism, Neoclassical economics, Macro, Quantity theory of money, Keynesian economics, Monetary policy, Computer science