2014Yunnan xueshu tansuoRequires access

Comparison of Marx's Political Economics and Western Economics

Wang Pei-xua

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Abstract

The essential distinction between Marxist political economics and Western economics is in their different thoughts on philosophy and history. And the concrete differences are reflected in the research methodology,basic views and class attribution.With regard to their relationship,Marxist political economics should be the body,Western economics use,without the other way round. In another word,we should take the former as the guiding ideology,with selective use of reasonable elements in the latter in practice,to better promote the construction of market economy with Chinese characteristics.

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What this paper is about

The essential distinction between Marxist political economics and Western economics is in their different thoughts on philosophy and history. And the concrete differences are reflected in the research methodology,basic views and class attribution.With regard to their relationship,Marxist political economics should be the body,Western economics use,without the other way round. In another word,we should take the former as the guiding ideology,with selective use of reasonable elements in the latter in practice,to better promote the construction of market economy with Chinese characteristics.

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Available abstract

The essential distinction between Marxist political economics and Western economics is in their different thoughts on philosophy and history. And the concrete differences are reflected in the research methodology,basic views and class attribution.With regard to their relationship,Marxist political economics should be the body,Western economics use,without the other way round. In another word,we should take the former as the guiding ideology,with selective use of reasonable elements in the latter in practice,to better promote the construction of market economy with Chinese characteristics.

Key concepts: Marxist philosophy, Ideology, Philosophy and economics, Positive economics, Schools of economic thought, Neoclassical economics, Politics, Economic methodology

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