下面为大家整理一篇优秀的essay代写范文- The economic crisis,供大家参考学习,这篇论文讨论了经济危机。2007年美国爆发的次贷危机迅速演变成了全球性的金融危机,并从金融领域蔓延到实体经济领域。直到2008年,金融危机余波未了,欧债危机又接踵而至,成为了2012年达沃斯经济论坛的重点议题,但是仍然未能找到解决危机的有效方法,这充分暴露出了资本主义制度的弊端。
The outbreak of American subprime mortgage crisis has exposed the defects and inadequacies of the American financial supervision system -- laissez-faire financial innovation and lack of effective supervision. The financial crisis is different with the traditional economic crisis characterized by excessive consumption rather than consumption is insufficient, and the cause of the crisis is the lack of financial supervision and financial market's own factors such as excessive financial innovation, as a matter of fact, the crisis at the same time there is a problem of excess material products and virtual product, to stimulate the consumption demand of the false financial products surplus, has produced many bubbles, once the economic bubble burst, the crisis is inevitable. The U.S. financial crisis was triggered by the subprime mortgage crisis. The emergence of subprime mortgage, a financial derivative, stimulated the consumption demand, resulting in "excessive demand" and the false prosperity of the financial market. Such excessive demand led to the rising default rate, which eventually led to the bursting of the economic bubble. So the financial crisis is still a cyclical overproduction crisis rooted in the capitalist system itself.
The financial crisis originated from Wall Street in the United States is a new economic crisis that starts from the bank credit crisis and extends to the real economy. This new economic crisis has three characteristics: first, the traditional economic crisis spread from the real economy to the financial sector, and this crisis spread from the financial sector to the real economy. Second, the impact of credit on the crisis has greatly increased. Third, past the edge of the international financial crisis in capitalism or peripheral zone, the overall impact on the world economy is relatively small, while the U.S. financial crisis happened in the heart of capitalism, capitalism developed country, influential, and even led to the current worldwide problem - the European debt crisis, is a systemic crisis of capitalism and the crisis of capitalist ideology.
In the wake of the us financial crisis, there was a "das kapital fever" in western societies, from which they tried to find solutions. Both the massive rescue package and the dodd-frank Wall Street reform and consumer protection act are mere palliatives. Marx points out. Socialism is the fundamental way out of the economic crisis. But the present stage of socialism is still the risk of the economic crisis, in our country, the market still plays a major role, the non-public economic sectors have continued to exist, disparity between the rich and the poor is bigger also, combined with our country economy has the openness and irreversible trend of economic globalization makes the economic crisis also has a global, makes our country also has the possibility of economic crisis. This requires us to proceed from China's national conditions, and under the premise of adhering to the status of the subject of socialist public ownership, to take the idea of combining theory with practice as the guidance, to be vigilant, to learn from experience and lessons, and to try to guard against economic crisis risks.
The excessive expansion of the virtual economy and the lack of credit triggered the financial crisis in the United States, which is particularly thought-provoking in today's highly developed virtual economy: the virtual economy must adapt to the development of the real economy. China is in a critical period of economic transformation. Compared with developed countries such as the United States, the development of virtual economy is still in its infancy. China's loss in this financial crisis is relatively small, which also reflects that China's financial industry is not mature and open enough. The us financial crisis has given us a warning. We should fully recognize the speculative nature of virtual capital and the relationship between virtual economy and real economy. On the other hand, it is necessary to supervise the development of the virtual economy, strictly control the bubble and vicious speculation in the virtual economy, guide the virtual economy onto a quality track, and expand the development space of the real economy.
The subprime mortgage crisis has exposed a series of problems, such as the absence of financial regulation, excessive financial innovation and opacity. Facts have proved that the importance of the financial industry as a whole and the inherent defects of the financial market itself indicate that the financial industry needs government regulation. We must guard against and control the risks brought by financial innovation. In financial innovation, we should adhere to the principle of moderation rather than excess. Financial industry is a high-risk industry. Our country financial industry open degree is insufficient, which makes the influence of the financial crisis to our country is relatively small, but it also shows that China's financial industry is still in the stage of underdeveloped, in line with international standards of degree is low, with the development of financial globalization, China is bound to integration into the global financial circles, at this time, strengthen financial regulation becomes very urgent. We can learn from the financial regulatory experience of the United States, Singapore and other countries, strengthen the supervision of China's state-owned commercial Banks, control financial innovation, and strengthen the protection of financial consumers through legislation.
The practice of reform and opening up over the past 30 years and more shows that the socialist market economy system is very dynamic, but the market mechanism is also flawed, such as the spontaneity, blindness and hysteresis of market regulation, which breeds economic crisis. So, to give full play to the role of the market at the same time, the "visible hand" is indispensable, to properly handle the relations between them at the same time, the "visible hand" can neither absence, nor dislocation, should adapt to the demands of the development of market economy, further transform government functions, in return, the market value of the contract and to realize the functions of the government's return, make up the defects of market regulation inherent.
The economic crisis is manifested by insufficient consumption. Therefore, stimulating consumption and expanding domestic demand have become important measures to cope with and prevent the economic crisis. "" in the United States, consumer spending accounts for roughly two-thirds of overall economic activity, so consumer demand is the most noteworthy factor driving U.S. economic growth." " At present, the main way to expand domestic demand is to improve the income of low-income people. There is still a lot of room for development in rural areas. We should focus on increasing the income of farmers so that they can have property income. We will make rational plans for the proportion of consumption, investment and exports, and promote sound and rapid economic development through demand and coordinated development of consumption, investment and exports.
In particular, it's worth noting that the U.S. financial crisis began to spread through the housing market. China's urbanization process and the demand for housing upgrading have stimulated the continuous irrational prosperity of China's real estate market. The rise of China's housing price has exceeded the rise of income level, and the real estate market has contributed a lot to China's GDP. This is one of the reasons why local governments are reluctant to part with their investment. Compared with long-term projects such as education, the real estate industry is more attractive. "The subprime crisis showed that selling subprime mortgages to people who had no real buying power in their homes did not really increase the effective demand for real estate. Similarly, China's so-called 'rigid' demand for population urbanization and consumption upgrading does not equal effective demand. Therefore, it is particularly urgent and important to stabilize the housing price and guide the healthy development of the real estate industry.
The financial crisis erupted in the United States in 2008, reflects the internal contradictions, capitalism incompatible completely accords with the economic crisis theory of Marx, also proves that Marx economic crisis theory is scientific, proved that our country socialist road with Chinese characteristics is scientific, capitalism, although have the ability to repair itself, but this ability always take temporary solution not effect a permanent cure, thoroughly solve the crisis or want to rely on the socialist road. In confidence at the same time, we should correctly understand the socialist economic crisis and the possibility of capitalist economic crisis spread, therefore, under the guidance of Marx economic crisis theory, combining the reality of the world's economic crisis, draw experience and lessons, and starting from our country national condition, active prevention, avoid and respond to risk, can always standing under capitalism envelop.
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