The principal contradiction and its evolution in the new era of the socialism society with Chinese characteristics: From the perspective of the Marxist political economy methodology. Issue 1 (15th November 2018)

• Record Type: Journal Article
• Authors: Wei, Xinghua
• Is Part Of: China political economy. Volume 1:Issue 1(2018)
• Page Start: 2
• Page End: 12
• Publication Date: 2018-11-15
• Subjects: Political economy -- Historical materialism -- The new era of socialism with Chinese characteristics -- The principal social contradiction; China -- Economic policy -- Periodicals; China -- Economic conditions -- Periodicals; China -- Politics and government -- Periodicals; 338.951
• DOI: 10.1108/CPE-09-2018-008
• Languages: English
• ISSNs: 2516-1652

Abstract

Abstract : Purpose: Marx suggested that it is infeasible and wrong to arrange the economic categories according to the order by which they have worked in history. Their order is determined by their interrelationship in the modern bourgeois society, which is in contrast to their natural sequence or that which is in accordance with the course of history. Sometimes, a logical sequence is precisely opposite to the historical sequence. There are many efforts to be done in the study of China's economic and social issues with Marxist logical and historical methods. The paper aims to discuss these issues. Design/methodology/approach: When reading Das Kapital, we can clearly see the historical materialism methods. Another method of Marxist political economics is the scientific abstract method. Findings: This is based on the new development idea to carry out scientific and technological innovation and change the focus of development from quantity to quality. With regard to the supply side structural reform as the main focus, people's ever-growing demand for a better life can be satisfied and the higher level dynamic supply–demand balance can be kept. Originality/value: In fact, measures to remedy unbalanced and inadequate development of the social principal contradiction have been plainly indicated in the report delivered at the 19th National Congress of the Communist Party of China. This is based on the new development idea to carry out scientific and technological innovation and change the focus of development from quantity to quality.