Current location - Quotes Website - Excellent quotations - Enlightenment from the subprime mortgage crisis
Enlightenment from the subprime mortgage crisis
Theoretical thinking triggered by the financial crisis

The financial tsunami triggered by the "American butterfly" flapping the wings of the "subprime mortgage crisis" is spreading all over the world and to the real economy. Under the background of economic globalization, the crisis will inevitably have a certain impact on China's economic development, and the powerful measures taken by the China government have been highly praised by international public opinion. It is of great significance for us to think about the deep-seated motivation of the financial crisis from the macro level and find out the laws and enlightenment from it, so as to strengthen our confidence in Socialism with Chinese characteristics's cause and resist the financial crisis.

Crisis and capitalism are born with a genetic disease and an institutional disease.

Regarding the causes of the financial crisis, the newly elected president of the United States, Obama, has a classic saying: "We didn't get here because of historical accidents, but the greed and irresponsibility of Wall Street caused today's situation." If you are familiar with economic history and financial history, it is traditionally believed that the "greed and irresponsibility" of Wall Street caused the financial turmoil in the United States and even the world.

From the financial crisis of 1929, the American stock market crash of 1970, the Enron incident, Tyco incident and Lucent incident in the early 20th century of 265438+, and then to the global financial storm, the recurrence of crises has become a unique phenomenon in capitalist society.

Marx said, "The first repetition of history is a tragedy, and the second repetition is a farce". It is not enough to blame the repeated farce on the greed and irresponsibility of capitalists. Some people of insight in the west have deeply reflected on this financial crisis. In the middle and late September, when the American financial crisis spread to Europe, Ron, the leader of the Anglican Church and Archbishop of Canterbury? Williams wrote, "Marx's comments on capitalism published in the19th century are correct to some extent. Because he observed how unfettered capitalism became a myth a long time ago. " The editorial published by Agence France-Presse wrote: "If there is a spirit in Marx's spring, I am afraid it will also snigger. Because his prophecy has come true again. " This shows that Marxism is still a key for us to explore the global financial crisis today. Marx has long known the greedy nature of capitalists. He believes that capitalists are just "personalized capital", so the essence of capitalists is the essence of capital. The essence of capital is "getting rich for the sake of getting rich". Marx once quoted Deng Ning, a British critic, as saying, "Capital is afraid of no profit or too little profit, just as nature is afraid of a vacuum. Once there is a proper profit, capital will be bold. If there is a profit of 10%, it is guaranteed to be used everywhere; With a profit of 20%, it will be active; With a profit of 50%, you will take risks; For the profit of 100%, it dares to trample all human laws cruelly; The profit is 300%, and I dare to commit any crime, even risking my head. " On this basis, Marx further explained why the greed of capital will lead to economic crisis, and this crisis will become an inevitable nightmare in the development of capitalism. Marx's logic is this: it is also the insatiable greed of capital for profits that promotes the growth of production scale; Moreover, because most of the wealth is occupied by capitalists, the purchasing power of workers actually tends to decline relative to the expanding enterprise capacity, so the things produced cannot be sold, the capital turnover is interrupted, and enterprises can only be forced to idle productivity, and the economic crisis has occurred. But the crisis cannot eliminate some fundamental contradictions in the capital society. Thus, after a crisis, with the economic recovery and development, the basic "story" will repeat itself. In Marx's view, crisis and capitalism are innate institutional and hereditary diseases. His famous saying "means-unconditionally developing social productive forces-constantly conflicts with the limited purpose of existing capital proliferation" has been repeatedly proved by the history of capitalist development of 100 years. This crisis shows the transition of capitalism as a social system in human history. Some people say that Marx is talking about the crisis of relative overproduction in the real economy in the19th century. Does this have anything to do with the current financial crisis? Marx has long said that with the development of capitalism, the huge growth of virtual capital such as stocks and bonds lies in the determination of China people to lead the people of China to leap forward.