Socialist Political Economy With Chinese Characteristics And Research On The Chinese And Foreign Economies: A Survey of the Viewpoints Expressed by the New Marxian Economics Synthesis School in 2021

In: World review of political economy: journal of the World Association for Political Economy, Band 13, Heft 4

Open Access

Abstract

In 2021, responding to changes in the world political and economic situation and basing itself on Marxist political economy, the New Marxian Economics Synthesis School led by Professor Enfu Cheng carried forward its traditions and forged ahead into the future. The school conducted active, in-depth research on how to uphold the integrity of socialist political economy with Chinese characteristics and enrich it with new elements, putting forward a series of theoretical innovations in areas that include the ten essentials of socialist political economy with Chinese characteristics, its sources of innovation and logical starting point, the orientation of its practice, and so forth. Based on these theoretical innovations, many of the scholars who make up the school engaged in lively discussion on a range of focal issues of today's Chinese economy, including common prosperity, the new "dual circulation" development pattern, artificial intelligence and the digital economy, the modernization of national governance and so on. In addition, they made searching criticisms of the financialization of the contemporary capitalist economy and of the new developments seen in liberalism and hegemonism since the COVID-19 pandemic broke out. In sum, they recorded a long series of fruitful theoretical achievements.