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Interpretation of Das Kapital and the Socialist Market Economic Theory with Chinese Characteristics

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DOI: 10.25236/ermbfe.2019.171

Author(s)

Runtian Lin

Corresponding Author

Runtian Lin

Abstract

Since China’s reform and opening up, the Communists have persisted in combining closely with the national conditions, and laid a solid foundation for the formation of the Socialist Market Economic Theory with Chinese Characteristics by correctly applying the hard core ideology of Das Kapital. The Socialist Market Economic Theory with Chinese Characteristics has integrated and carried forward the general economic laws and economic principles of Das Kapital to a certain extent. At the same time, it has expanded the relevant theories on the development path of socialist economy in Das Kapital, and gradually formed the main achievements of Marx’s economic theory in China, that is, Socialist Economic Theory with Chinese Characteristics. This paper interprets the relationship between Das Kapital and the Socialist Market Economic Theory with Chinese Characteristics.

Keywords

Das Kapital; Socialism with Chinese Characteristics; Market Economy Theory