The truth of marxism's political economics is never the same, and it provides us with fundamental adherence to our understanding of economic law and to our development direction. The dissemination of such serious ideas does not have to rely on a truncated title, nor does it have to draw the eye by exaggerating, and the most sincere adherence to ideas is to the truth, to the reality of the situation and to the spirit of the world。
The path of china's economic development must be pursued in a way that neither blindly reproduces the west nor ignores its own history and practice. It is important to draw systematically on the wisdom of chinese and western economics, to clarify the source, grasp the core, take advantage of it, avoid its short duration, and ultimately, to use china’s unique political economy as the basis to guide the economic stability of the real world。
I. Departments, books and core points of western economics
Western economics has evolved over hundreds of years into a more complete theoretical system, with key figures and core views clearly identifiable。
Adam smith, in his national richness, put forward the “unseen hand”, emphasizing the role of free competition, division of labour and exchange in the growth of wealth and laying the foundations of classical economics。
In political economics and tax principles, david ligatu introduced the theory of comparative advantage, further strengthening market efficiency and free trade。
Alfred marshall constructs a neoclassical system in the economics doctrine, focusing on supply-demand balance, price mechanisms and marginal utility。
Keynes, in its general theory of employment, interest and currency, proposed government intervention and effective demand management as important theoretical sources of modern macroregulation。
In general, western economics, with its focus on private property rights, capital efficiency and market mechanisms, is well placed to analyse the technical aspects of market functioning, but always on capital interests, with insufficient attention to social equity, human security and the long-term interests of all。
Ii. Core links between chinese tradition and contemporary economic wisdom
Since ancient times, china has matured the wisdom of economic governance. As early as the western week, the idea of a people-centred, cheap, affordable and stable economy was formed, emphasizing that the rule of the country must be based on peace and development, which is an important economic foundation for long-term stability. It says, “for the sake of government, like the north, the stars are the same.” it is the emphasis on the constant cores and principles of governance, like the positioning of stars, that will bring stability and order to the world。
Contemporary chinese economics is fundamentally guided by marxist political economics, with classics such as capitalism as the source of theory, while at the same time building on socialist practice。
Marxist economists, represented by liu guo guang, wei xinghua, wu jiqing and others, have always adhered to the principle of public ownership as the main subject, distribution of labour as the main subject, and people as the centrepiece, emphasizing the need for economic development to serve the interests of the broadest possible spectrum of the population, rejecting the disorderly expansion of capital and the importance of equitable justice and the overall interests of society。
China's new era of socialist political economics, with more explicit references to high-quality development, shared wealth, integrated development and security, effective markets and unity of government, has resulted in a complete theoretical system that is consistent with economic law and is based on china's national conditions。
Iii. Harnessing the real core of political economics from the current entity perspective
A deeper understanding of the essence of political economics can be achieved by learning from the economic theories of the central and western world, with realistic observations:
First, there are objective patterns in the functioning of the economy, which cannot be contradicted or disturbed at will。
Secondly, economic development can draw on external gains, but it must be based on me。
Thirdly, the ultimate goal of the economy is to feed the world, not simply to seek capital gains or digital growth。
Fourthly, development can be explored in multiple ways, but must be multi-pronged, with the chinese national context, the socialist system and the interests of the people。
Fifthly, all economic policies are anchored in stable prices, financial stability, market stability and the stability of the people。
The ancient words of “cooking and cooking” are precisely a warning to govern the country and to develop the economy, with great reluctance to resort to frequent and random changes, and to maintain policy continuity and stability, just as cooking small fish cannot be repeated, otherwise it will only undermine the whole order and the very foundations of development。
Core political economic logic in the functioning of the real economy of the country
The current political economy of our economic practice is a central manifestation of the era of marxist chineseization, whose core is very clear:
The first is the common development of a multi-ownership economy based on the principle of public ownership
The second is to insist on the distribution of labour as a subject, with multiple distributions
Third, to insist on a socialist market economy system in which the market plays a decisive role in the allocation of resources, while at the same time better playing the role of government
Fourth, to insist on a people-centred approach that promotes shared prosperity and prevents polarization
The fifth is to insist on an integrated approach to development and security that stabilizes expectations, stabilizes finance and stabilizes the general situation。
The system incorporates the rational components of market efficiency and macro-management in western economics, and inherited china’s ancient angian people’s roots, values stable governance wisdom and moves out of an autonomous development path。
V. Consistency: stability as a life of real economic development line
A comparison between the economic wisdom of the west and the history of governance leads to one of the most realistic and critical conclusions: the more stable the policy, the more solid the economy, and the more stable the environment, the farther away from development。
Many of the problems in the functioning of the real economy stem from rapid adjustment and rapid change. In the monograph, it says, “if you want to be quick, you don't have the chance to see a small profit.” this is particularly true of national policies, which seek short-term benefits and local profits, often undermining long-term gains and undermining market confidence and public interest。
In today's real economic landscape, stability is particularly important:
• policy stability where enterprises have long-term expectations and can invest and operate
• the stability of policies and the fact that prices do not easily rise and fall in order to provide solid security for the population
• policy stability, so that stock markets and financial markets can avoid irrational volatility and the interests of ordinary investors can be protected
• policy stability is the only way to truly trust the people and to create stable expectations in society。
On the other hand, policy changes and arbitrary intervention in the market appear to be positive, undermining economic discipline and social confidence and ultimately undermining the foundations of the country's long-term development。
Thesis says: “sufficient food, soldiers, people's faith.” there is no need for good governance, for good food, for strong power, for trust in the people, and for the people's faith, for stability。
Drawing on the scientific approach of western economics, and drawing on china's ancient ang-minent governance wisdom, the core remains the dominant position of china's political economy. Economic development does not require urgent gains, it does not require appearances, it seeks only stability, respect for the rule and responsiveness to the people。
By maintaining a people-centred approach, maintaining policy stability and maintaining price stability, financial stability and market stability, china's economy can be effectively managed to avoid real risks and achieve long-term and healthy economic development and stability。
