The Contribution of the “School of New Marxist Economics” to China&apos;s Socialist Market Economy

Zhang, Yang

doi:10.13169/worlrevipoliecon.11.1.0004

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World Review of Political Economy

Volume 11, Issue 1

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Is Open Access

The Contribution of the “School of New Marxist Economics” to China's Socialist Market Economy

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Author(s): Yang Zhang

Publication date (Print): 1 April 2020

Journal: World Review of Political Economy

Publisher: Pluto Journals

Keywords: socialist market economy, “Chinese School” of socialist market economy, School of New Marxist Economics in China

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Abstract

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Author and article information

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Journal ID (doi): 10.2307/j50005553

Journal ID (jcode): worlrevipoliecon

Title: World Review of Political Economy

Publisher: Pluto Journals

ISSN: 2042-891X

ISSN: 2042-8928

Publication date (Print): 1 April 2020

Volume: 11

Issue: 1 ( doiID: 10.13169/worlrevipoliecon.11.issue-1 )

Pages: 4-27

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Publisher ID: worlrevipoliecon.11.1.0004

DOI: 10.13169/worlrevipoliecon.11.1.0004

SO-VID: e0d419e2-319e-4388-8b7e-c2c9bbe8df09

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ScienceOpen disciplines: Political economics

Keywords: socialist market economy,“Chinese School” of socialist market economy,School of New Marxist Economics in China

References

Central Literature Research Office of the CPC. 1996. Selected Important Documents since the 14th National Congress (I). [In Chinese.] Beijing: People's Publishing House.
Central Literature Research Office of the CPC. 2014. Selected Important Documents since the 18th National Congress (I). [In Chinese.] Beijing: Central Party Literature Press.
Chen, J., and H. Hu. 1988. “Guoguang Liu on Economic Development Strategy in Hainan.” [In Chinese.] Outlook Weekly, no. 13: 20–21.
Cheng, E. 2009. “The Reform and Opening-Up and the Innovation of the Marxist Economics.” [In Chinese.] Journal of South China Normal University, no. 1: 5–15.
Cheng, E. 2010a. “On the Basic Standards for Demarcating Socio-economic Formations and Social Development Stages.” [In Chinese.] In Enfu Cheng Selected Works, 172–181. Beijing: China Social Sciences Press.
Cheng, E. 2010b. “Drawing on the Experience of the Western Countries and Establishing the Market Economy System Dominated by Planning.” [In Chinese.] In Enfu Cheng Selected Works, 642–648. Beijing: China Social Sciences Press.
Cheng, E. 2010c. “Construction of a New Type of Regulation Mechanism ‘Based on Market Regulation and Dominated by State Regulation.‘” [In Chinese.] In Enfu Cheng Selected Works, 611–621. Beijing: China Social Sciences Press.
Cheng, E. 2010d. “Different Approaches and Schools to Reform, Opening-up and Development.” [In Chinese.] In Enfu Cheng Selected Works, 601–610. Beijing: China Social Sciences Press.
Cheng, E. 2010e. “The Indispensable ‘Economic System Ensuring Four Principal Positions’ in a Harmonious Society.” [In Chinese.] In Enfu Cheng Selected Works, 141–144. Beijing: China Social Sciences Press.
Cheng, E. 2010f. “Reformulation of Chinese Economics: Beyond Marx and Western Economics.” [In Chinese.] In Enfu Cheng Selected Works, 195–216. Beijing: China Social Sciences Press.
Cheng, E. 2010g. “A Discussion on the Academic Principles Promoting the Modernization of Chinese Economics: Focusing on the Relation between Marxism, Western Economics and Chinese Studies.” [In Chinese.] In Enfu Cheng Selected Works, 217–237. Beijing: China Social Sciences Press.
Cheng, E. 2010h. “Eight Dialectical Thoughts of Deng Xiaoping's Economic Theory.” [In Chinese.] In Enfu Cheng Selected Works, 65–75. Beijing: China Social Sciences Press.
Cheng, E. 2018a. “Enhance the Self-Confidence in Foreign Economic Competition.” [In Chinese.] Guangming Daily, August 7.
Cheng, E. 2018b. “The Acceleration of the Process of Enriching the People and Strengthening the Nation of the New Era under the New Normal.” [In Chinese.] Journal of the Central Institute of Socialism, no. 1: 51–58.
Cheng, E., and J. Gao. 2014. “On the Decisive Role of the Market in the Allocation of Resources.” [In Chinese.] Studies on Socialism with Chinese Characteristics, no. 1: 51–57.
Cheng, E., and H. Xu. 1987. “Economic Characteristics and Reform at the Primary Stage of Socialism.” [In Chinese.] Ganjiang Economy, no. 12: 26–28.
Deng, X. 1983. Deng Xiaoping Selected Works, vol. 2. [In Chinese.] Beijing: People's Publishing House.
Economic Science Press. 2015. Study on Enfu Cheng's Academic Thoughts. [In Chinese.] Beijing: Economic Science Press.
Gu, H. 2018. “‘Chinese Wisdom’ of Contemporary Marxist Political Economy.” [In Chinese.] Economics Study of Shanghai, no. 2: 13–21.
He, G. 2018. “The Significant Role of the Constitution on the Economic Reform.” [In Chinese.] Journal of Management, no. 10: 1–10.
Jian, X. 2018. “Innovation and Development of the Socialist Political Economy with Chinese Characteristics.” [In Chinese.] Studies on Marxism, no. 3: 4–19.
Liu, G. 2005a. “On the Relationship between Planning and Market in the Socialist Economy.” [In Chinese.] In Guoguang Liu Collected Works, 60–88. Beijing: China Social Sciences Press.
Liu, G. 2005b. “One More Discussion on the Relationship between Planning and Market.” [In Chinese.] In Guoguang Liu Collected Works, 127–138. Beijing: China Social Sciences Press.
Liu, G. 2005c. “On Several Issues concerning the Theory of Socialist Market Economy.” [In Chinese.] In Guoguang Liu Collected Works, 199–216. Beijing: China Social Sciences Press.
Liu, G. 2006a. “A Brief Discussion on the Transformation of the Dual Models.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 188–192. Beijing: China Social Sciences Press.
Liu, G. 2006b. “On the Transformation of Dual Models of China's Economy.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 206–213. Beijing: China Social Sciences Press.
Liu, G. 2006c. “Rethinking the Reform Is Not Equal to Anti-Reform.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 629–639. Beijing: China Social Sciences Press.
Liu, G. 2006d. “Adhering to the Right Path of the Reform.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 640–645. Beijing: China Social Sciences Press.
Liu, G. 2006e. “Which Path Is and Which Path Is Not the Right Direction: A Brief Discussion on the ‘Marketization of Reform.‘” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 646–652. Beijing: China Social Sciences Press.
Liu, G. 2008. “Summary of 30 Years of Reform and Opening-Up by Marxist Philosophical Method.” [In Chinese.] Social Sciences in China, no. 6: 4–15.
Liu, G., and J. Wang. 2018. “The Directions, Goals and Core Topics of China's Economic System Reform.” [In Chinese.] Reform, no. 1: 5–21.
Liu, Y., and D. Zhang. 2006. A Swift Memoir of Guoguang Liu: The Reform and Opening-Up Must Take Marxism as the Guideline. [In Chinese.] Beijing: China Economic Publishing House.
Stiglitz, J. 2007. Stiglitz Collected Works on Economics, vol. 6. [In Chinese.] Beijing: China Financial Publishing House.
Wu, J. 1992. “Suggestions on the Establishment of the Wording of the ‘Socialist Market Economy.‘” [In Chinese.] Finance and Trade Economics, no. 7: 3–6.
Wu, J. 1997. “Answers to Reporters' Questions: Social Justice Plus Market Economy Are the Basic Characteristics of Socialism.” [In Chinese.] Economic Daily, August 5.
Wu, J. 2018. “Can It Be a Guaranteed Success to Develop Chip Manufacturing at All Costs?” [In Chinese.] China Weekly, no. 5: 60–61.
Wu, J., G. Fan, Y. Lin, and G. Yi. 2008. 50 Chinese Economists on China's Economy in the Past 30 Years: Review and Analysis. [In Chinese.] Beijing: China Economic Publishing House.
Wu, J., and S. Zhou. 1983. “On the Regulation Mode of the Socialist Planned Economy.” [In Chinese.] Social Science Journal, no. 5: 48–56.
Xi, J. 2017. Secure a Decisive Victory in Building a Moderately Prosperous Society in All Respects and Strive for the Great Success of Socialism with Chinese Characteristics for a New Era. [In Chinese.] Beijing: People's Publishing House.
Xi, J. 2018a. “Improve the Innovation Capability for Key Technologies to Provide Powerful Technological Support for China's Development.” [In Chinese.] People's Daily, July 14.
Xi, J. 2018b. “Speech at the Conference Commemorating the 200th Anniversary of Marx's Birth.” [In Chinese.] People.cn. http://cpc.people.com.cn/n1/2018/0504/c64094-29966126.html.
Yu, Z. 2002. “China's Economic Concerns at Home.” [In Chinese.] Strategy and Management, no. 4: 41–50.
Yu, Z. 2005a. “A Discussion on Socialist Market Economy.” [In Chinese.] In Zuyao Yu Selected Works, 3–32. Shanghai: Shanghai Lexicographical Publishing House.
Yu, Z. 2005b. “On the Fundamental Role of Market in Optimizing Resource Allocation.” [In Chinese.] In Zuyao Yu Selected Works, 228–235. Shanghai: Shanghai Lexicographical Publishing House.
Yu, Z. 2005c. “China's Market-Oriented Reform: A Hard Path after Ridding of Bewilderment.” [In Chinese.] In Zuyao Yu Selected Works, 49–65. Shanghai: Shanghai Lexicographical Publishing House.
Yu, Z. 2005d. “Solving the Conundrum: Causes of China's Economic Worries.” [In Chinese.] In Zuyao Yu Selected Works, 129–161. Shanghai: Shanghai Lexicographical Publishing House.
Zhang, W. 2012. Logic of the Market. [In Chinese.] Shanghai: Shanghai People's Publishing House.
Zhang, W. 2016. “Right and Wrong of Industrial Policy.” [In Chinese.] Business Observation, no. 11: 12–13.
Zhou, S., and J. Wu. 1983. “On the Attributes of Planned Economy and Commodity Economy of the Socialist Economy.” [In Chinese.] Industrial Economy Management, no. 9: 157–179.

Comments

Comment on this article

[1] Central Literature Research Office of the CPC. 1996. Selected Important Documents since the 14th National Congress (I). [In Chinese.] Beijing: People's Publishing House.

[2] Central Literature Research Office of the CPC. 2014. Selected Important Documents since the 18th National Congress (I). [In Chinese.] Beijing: Central Party Literature Press.

[3] Chen, J., and H. Hu. 1988. “Guoguang Liu on Economic Development Strategy in Hainan.” [In Chinese.] Outlook Weekly, no. 13: 20–21.

[4] Cheng, E. 2009. “The Reform and Opening-Up and the Innovation of the Marxist Economics.” [In Chinese.] Journal of South China Normal University, no. 1: 5–15.

[5] Cheng, E. 2010a. “On the Basic Standards for Demarcating Socio-economic Formations and Social Development Stages.” [In Chinese.] In Enfu Cheng Selected Works, 172–181. Beijing: China Social Sciences Press.

[6] Cheng, E. 2010b. “Drawing on the Experience of the Western Countries and Establishing the Market Economy System Dominated by Planning.” [In Chinese.] In Enfu Cheng Selected Works, 642–648. Beijing: China Social Sciences Press.

[7] Cheng, E. 2010c. “Construction of a New Type of Regulation Mechanism ‘Based on Market Regulation and Dominated by State Regulation.‘” [In Chinese.] In Enfu Cheng Selected Works, 611–621. Beijing: China Social Sciences Press.

[8] Cheng, E. 2010d. “Different Approaches and Schools to Reform, Opening-up and Development.” [In Chinese.] In Enfu Cheng Selected Works, 601–610. Beijing: China Social Sciences Press.

[9] Cheng, E. 2010e. “The Indispensable ‘Economic System Ensuring Four Principal Positions’ in a Harmonious Society.” [In Chinese.] In Enfu Cheng Selected Works, 141–144. Beijing: China Social Sciences Press.

[10] Cheng, E. 2010f. “Reformulation of Chinese Economics: Beyond Marx and Western Economics.” [In Chinese.] In Enfu Cheng Selected Works, 195–216. Beijing: China Social Sciences Press.

[11] Cheng, E. 2010g. “A Discussion on the Academic Principles Promoting the Modernization of Chinese Economics: Focusing on the Relation between Marxism, Western Economics and Chinese Studies.” [In Chinese.] In Enfu Cheng Selected Works, 217–237. Beijing: China Social Sciences Press.

[12] Cheng, E. 2010h. “Eight Dialectical Thoughts of Deng Xiaoping's Economic Theory.” [In Chinese.] In Enfu Cheng Selected Works, 65–75. Beijing: China Social Sciences Press.

[13] Cheng, E. 2018a. “Enhance the Self-Confidence in Foreign Economic Competition.” [In Chinese.] Guangming Daily, August 7.

[14] Cheng, E. 2018b. “The Acceleration of the Process of Enriching the People and Strengthening the Nation of the New Era under the New Normal.” [In Chinese.] Journal of the Central Institute of Socialism, no. 1: 51–58.

[15] Cheng, E., and J. Gao. 2014. “On the Decisive Role of the Market in the Allocation of Resources.” [In Chinese.] Studies on Socialism with Chinese Characteristics, no. 1: 51–57.

[16] Cheng, E., and H. Xu. 1987. “Economic Characteristics and Reform at the Primary Stage of Socialism.” [In Chinese.] Ganjiang Economy, no. 12: 26–28.

[17] Deng, X. 1983. Deng Xiaoping Selected Works, vol. 2. [In Chinese.] Beijing: People's Publishing House.

[18] Economic Science Press. 2015. Study on Enfu Cheng's Academic Thoughts. [In Chinese.] Beijing: Economic Science Press.

[19] Gu, H. 2018. “‘Chinese Wisdom’ of Contemporary Marxist Political Economy.” [In Chinese.] Economics Study of Shanghai, no. 2: 13–21.

[20] He, G. 2018. “The Significant Role of the Constitution on the Economic Reform.” [In Chinese.] Journal of Management, no. 10: 1–10.

[21] Jian, X. 2018. “Innovation and Development of the Socialist Political Economy with Chinese Characteristics.” [In Chinese.] Studies on Marxism, no. 3: 4–19.

[22] Liu, G. 2005a. “On the Relationship between Planning and Market in the Socialist Economy.” [In Chinese.] In Guoguang Liu Collected Works, 60–88. Beijing: China Social Sciences Press.

[23] Liu, G. 2005b. “One More Discussion on the Relationship between Planning and Market.” [In Chinese.] In Guoguang Liu Collected Works, 127–138. Beijing: China Social Sciences Press.

[24] Liu, G. 2005c. “On Several Issues concerning the Theory of Socialist Market Economy.” [In Chinese.] In Guoguang Liu Collected Works, 199–216. Beijing: China Social Sciences Press.

[25] Liu, G. 2006a. “A Brief Discussion on the Transformation of the Dual Models.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 188–192. Beijing: China Social Sciences Press.

[26] Liu, G. 2006b. “On the Transformation of Dual Models of China's Economy.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 206–213. Beijing: China Social Sciences Press.

[27] Liu, G. 2006c. “Rethinking the Reform Is Not Equal to Anti-Reform.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 629–639. Beijing: China Social Sciences Press.

[28] Liu, G. 2006d. “Adhering to the Right Path of the Reform.” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 640–645. Beijing: China Social Sciences Press.

[29] Liu, G. 2006e. “Which Path Is and Which Path Is Not the Right Direction: A Brief Discussion on the ‘Marketization of Reform.‘” [In Chinese.] In Guoguang Liu Selected Works, vol. 4, 646–652. Beijing: China Social Sciences Press.

[30] Liu, G. 2008. “Summary of 30 Years of Reform and Opening-Up by Marxist Philosophical Method.” [In Chinese.] Social Sciences in China, no. 6: 4–15.

[31] Liu, G., and J. Wang. 2018. “The Directions, Goals and Core Topics of China's Economic System Reform.” [In Chinese.] Reform, no. 1: 5–21.

[32] Liu, Y., and D. Zhang. 2006. A Swift Memoir of Guoguang Liu: The Reform and Opening-Up Must Take Marxism as the Guideline. [In Chinese.] Beijing: China Economic Publishing House.

[33] Stiglitz, J. 2007. Stiglitz Collected Works on Economics, vol. 6. [In Chinese.] Beijing: China Financial Publishing House.

[34] Wu, J. 1992. “Suggestions on the Establishment of the Wording of the ‘Socialist Market Economy.‘” [In Chinese.] Finance and Trade Economics, no. 7: 3–6.

[35] Wu, J. 1997. “Answers to Reporters' Questions: Social Justice Plus Market Economy Are the Basic Characteristics of Socialism.” [In Chinese.] Economic Daily, August 5.

[36] Wu, J. 2018. “Can It Be a Guaranteed Success to Develop Chip Manufacturing at All Costs?” [In Chinese.] China Weekly, no. 5: 60–61.

[37] Wu, J., G. Fan, Y. Lin, and G. Yi. 2008. 50 Chinese Economists on China's Economy in the Past 30 Years: Review and Analysis. [In Chinese.] Beijing: China Economic Publishing House.

[38] Wu, J., and S. Zhou. 1983. “On the Regulation Mode of the Socialist Planned Economy.” [In Chinese.] Social Science Journal, no. 5: 48–56.

[39] Xi, J. 2017. Secure a Decisive Victory in Building a Moderately Prosperous Society in All Respects and Strive for the Great Success of Socialism with Chinese Characteristics for a New Era. [In Chinese.] Beijing: People's Publishing House.

[40] Xi, J. 2018a. “Improve the Innovation Capability for Key Technologies to Provide Powerful Technological Support for China's Development.” [In Chinese.] People's Daily, July 14.

[41] Xi, J. 2018b. “Speech at the Conference Commemorating the 200th Anniversary of Marx's Birth.” [In Chinese.] People.cn. http://cpc.people.com.cn/n1/2018/0504/c64094-29966126.html.

[42] Yu, Z. 2002. “China's Economic Concerns at Home.” [In Chinese.] Strategy and Management, no. 4: 41–50.

[43] Yu, Z. 2005a. “A Discussion on Socialist Market Economy.” [In Chinese.] In Zuyao Yu Selected Works, 3–32. Shanghai: Shanghai Lexicographical Publishing House.

[44] Yu, Z. 2005b. “On the Fundamental Role of Market in Optimizing Resource Allocation.” [In Chinese.] In Zuyao Yu Selected Works, 228–235. Shanghai: Shanghai Lexicographical Publishing House.

[45] Yu, Z. 2005c. “China's Market-Oriented Reform: A Hard Path after Ridding of Bewilderment.” [In Chinese.] In Zuyao Yu Selected Works, 49–65. Shanghai: Shanghai Lexicographical Publishing House.

[46] Yu, Z. 2005d. “Solving the Conundrum: Causes of China's Economic Worries.” [In Chinese.] In Zuyao Yu Selected Works, 129–161. Shanghai: Shanghai Lexicographical Publishing House.

[47] Zhang, W. 2012. Logic of the Market. [In Chinese.] Shanghai: Shanghai People's Publishing House.

[48] Zhang, W. 2016. “Right and Wrong of Industrial Policy.” [In Chinese.] Business Observation, no. 11: 12–13.

[49] Zhou, S., and J. Wu. 1983. “On the Attributes of Planned Economy and Commodity Economy of the Socialist Economy.” [In Chinese.] Industrial Economy Management, no. 9: 157–179.