Examine the new development and new changes of contemporary capitalism
July 18, 2023 09:56 Source: "China Social Sciences" July 18, 2023 Issue 2693 Author: Niu Zi Niu

Since the 1970s,Global capitalism has developed severe structural adjustment,Show financial melt、Informatization、Flexible、Globalization and other diversified features。This new look of capitalism,Different from the "Ford" capitalism in the 20 years after World War II,It is also different from the 19th -century industrial capitalism that Marx has witnessed。The main feature of contemporary capitalism is significant stagnation and turbulence。Since the 1970s,Main capitalist countries face serious capital overcurrent,economic growth rate has decreased year after year,I never returned to the level of the "Golden Age" after the 20 years after World War II。Various economic crises、Social crisis frequently explode,and the means of dealing with the crisis of capitalist countries is difficult to alleviate contradictions for a long time,It can only delay the more serious contradictions and crisis to the future。These signs all indicate,The contradiction between capitalist production relations and productivity has been seriously intensified,Can no longer form a sustainable "growth system"。New changes in contemporary capitalism,All are the performance of capitalism through various "repair mechanisms" temporarily continuing their life expectancy。For this,Contemporary foreign Marxists take the "crisis -repair" mechanism of capitalism as the main axis,Various new phenomena of deducting contemporary capitalism,Build diversified、The theoretical picture of the three -dimensionalization。

"Financial Repair" and capitalist finance 

The dominant repair mechanism of contemporary capitalism is "financial restoration"。Since the 1970s and 1980s,Capitalist countries present a clear "financial" trend,The financial sector quickly expands,Occupation of dominance in the national economy。Some foreign left -wing scholars think,"Financial" is a repair mechanism that capitalism is used to transfer its Bet365 app download own contradictions。For example,Monopoly Capital School of Western Left Wing Economics,The trend of finance is the response of capitalism to a decline in profit margins: due to the excess of industrial capital、Decrease in profit margins,A large amount of currency capital transferred to the financial field to pursue profit,Therefore, the existence of capitalist investment and accumulation activities。John Bellamy Foster,Under the situation where the opportunity for profit -making investment is becoming scarce,How to operate huge disposable surplus? Since the 1970s,The main measures they take are the expansion of financial product demand,Financial products as money capital preservation、One of the ways of value -added。

Under the background of the decline in industrial capital profit margins,Why can the financial sector maintain a high profit margin? This problem is the key to explaining the financial repair mechanism。For this,Foreign Marxists explore the two mechanisms of "credit currency" and "virtual capital"。For example,David Harvey thinks,Contemporary banking system can be based on no value as a basis,Create credit currency through debt; these currencies are not "value",but "anti -value",The debt caused by it must be repaid with future production value。Credit currency provides a large amount of currency supply for the financial market,Causes the virtual capital bubble to expand rapidly,It makes it easy for financial capital to profit from it。But,Virtual capital is also not a real value,but the expectation of future income is now discounted。This,The currency system and the value system have separated,Inside the financial market, a high currency profit is not based on value。but,This does not mean that financial capital can be completely separated from industrial capital、Create value independently,It just means that financial capital plunder the right to distribute future value in advance。So,The "Financial Repair" mechanism has not solved the problem of decline in profit margins,Instead, it has transformed it into speculative overheating and excess debt.,As a Bet365 app download result, it has caused a new turbulence。

"Technical Repair" and Contemporary Science and Technology Revolution 

Combination of financial capital with different industrial capital,different repair mechanisms will be derived,The most important one is the "technical repair" mechanism combined with the financial capital and the information technology industry,It constitutes the economic origin of the contemporary science and technology revolution。Ruxin's recently emerging "Cognitive Capitalism" school claim,The action logic of financial capital is the same structure of the information technology industry.,This makes Internet information technology a hot spot for contemporary financial speculation。"Knowledge Products" produced by information technology,Features such as "non -exclusive" and "zero -border cost" characteristics,This means that its value is difficult to be like traditional tangible products,Measted from the labor that was consumed in the past。Actually,The pricing of knowledge products is more similar to virtual capital,The current price is the discount of its future income expectations。When producing knowledge or information products,Price formation borrows a mechanism that André Orléan has emphasized,It originally operated in financial speculation,Form a common opinion between players。So,The value of knowledge products forms a strong connection between the financial valuation of the assets of securities trading。This characteristic of the information technology industry,Provides good opportunities for the intervention of financial capital,Financial capital can use financial asset valuation technology,Establish valuation model for knowledge products、Raise financing,Based on this basis, virtual capital profit。In this mode,Whether it is financial capital or industrial capital,The primary purpose is not real profit,but virtual capital proliferation。As Paul Langley said,Platform capital shows the structure of risk capital,and risk capital is the main source of platform investment。So,Even in the environment of a decline in profit margin,As long as the Bet365 app download speculation of virtual capital is still hot,Investment in the information technology industry may be maintained,to continue the life of capitalism。

Since the information technology industry produces public knowledge products,Most of these products are free,So where does the high profit of this industry come from? To solve this problem,Carlo Vercellone and other scholars have proposed the theory of "The Becoming Rent of Profit"。This theory thinks,The main income of the contemporary technology industry,It is not the remaining value from the object of labor time,Instead from the circle accounting for public resources、Formulate publicity standards,so as to charge users for fees,This cost is closer to Marx's "rent" concept。The expression of profit rentalization is the privatization of publicity,It obtains income through the scarcity of human manufacturing resources。Zizek also thinks,Today,Exploitation increasingly adopted the form of rent: as Weson said,Post -industrial capitalism is characterized by "profit rentalization"。Under this trend,Capital to occupy publicity in order to smoothly circle,It is necessary to use political and legal means,This determines that capital must form a close alliance with the country。This kind of alliance relationship,At the same time, it contains the factors of capitalism and the feudal system,Therefore, scholars and other scholars such as Jodi Dean are also called "new feudalism"。

Discarding path of contemporary capitalism:"Ecological Treatment" or the imbalance of space? 

Facing the new dynamics of contemporary capitalism、New contradictions,Foreign Marxists also try to find a new path to discard capitalism。It is worth noting that,Many Western left -wing scholars turn their interests to ecological problems,Try to reveal the ecological limit of capitalism。The representative of the monopoly capital school John Bellami Foster、Alain Lipietz, representative of the school,,There are a lot of books on ecological problems。Recent,Japanese scholar Kohei Saito also put forward the proposition of "going to growth" in the new book "The" Capital "of the Human World"。Saito bet365 best casino games thinks,The desire to proliferate the endless value of capitalism has led to an endless growth impulse,This is the source of contemporary ecological problems; only the logic of abandoning the growth of capitalism,Only to rebuild the balance between people and nature。

This "ecological steering" shows the pessimistic attitude of foreign Marxists to overcome capitalism。Contemporary capitalism, although full of contradictions and turbulence,But it is also more flexible and strong than before。Foreign Marxists cannot find an opportunity to discard capitalism in the internal contradictions of capitalism,Just try to resort to the "external limit" of capitalism,The limit of the ecological environment of the earth。This theoretical path,Although it provides some useful insights,But it is also easy to form a common conspiracy with contemporary capitalist order。As mentioned earlier,The problem of contemporary capitalism is not just "growing too fast",Instead of "weak growth",It is the further development of production relations that is difficult to accommodate in productivity。In this situation, it advocates "going to grow",In essence, in the name of "ecology",Reasonable status of capitalism,Refuse to change production relationships at the same time、Liberation productivity,to broaden human survival space,Solving ecological problems thoroughly。This argument,It is easy to become beautiful、Japan and other developed countries to curb the ideological weapons of economic growth after the development of the country's economic growth,Must be cautious and criticized。

Hope to solve the global problem of contemporary capitalist,It contains the development model of the majority of the post -development nation,Especially in Chinese -style modern models,and this model is formed by synchronizing with the "space repair" mechanism of capitalism。We know,The development of capitalism has always been unbalanced space,So,The repair mechanism of contemporary capitalism,Also accompanied by the corresponding "Space Repair" process。"Space Repair" is a term created by David Harvey,Its main bet365 live casino games manifestation is,Developed capitalist countries transfer excess capital to post -developed countries,Use the latter's low cost to restore profit margin,to reconstruct the global division of labor,A global supply network that spreads around the world。This "spatial repair" mechanism provides conditions for "financial restoration" and "technical restoration" mechanism。For example,Italian scholar Marazzi pointed out,The US's finance depends on the economic exchange model of the United States and East Asian countries: East Asian countries use cheap consumer goods for the US dollar,Investment in US dollar reserves in U.S. Treasury bonds,This helps low interest rate policies in the United States,Provides cheap currency supply for the process of finance。Similarly,The reason why high -tech companies in Western countries can receive "monopoly rent" for a long time,To a certain extent, they also occupy the research and development of the global supply chain、Design and other upstream links,Only processing、Manufacturing and other downstream parts subcontract to the post -developed country。

Start from the perspective of space,Can better examine the limitations of Western left -wing thoughts,Explore an effective path to overcome capital logic。Study on contemporary capitalist research abroad,Mainly starting from local experience,They exaggerate Western experience into universal experience all over the world,Therefore, the space unbalanced space of global capitalism,Ignoring the diversity of the development path of various ethnic groups。They only see the "working class disappear" caused by the industrial outflow of the Western countries ",However, I can't see that a large number of industrial workers are still concentrated in East Asian countries,constitutes the most advanced class of contemporary; only see the "removal of reality" of the economic structure of Western countries,However, the manufacturing industry of the post -developed country still undertakes the task of global value production,Advanced productive forces gathered around the world。

In the majority of the majority of the country,China is the most representative。bet365 Play online games my country actively participate in and advocates the globalization process,Occupying an irreplaceable position in the development of the world economy。Contemporary Capitalism internal contradictions excitement,and the reconstruction of the global industrial division of labor,All provide historic opportunities for China。For this,Contemporary scholars need to adhere to China's position,Criticizing the theory of contemporary capitalism that absorbs foreign Marxism,The theoretical diagram of the current world pattern with Chinese experience,The theoretical research helps the modernization of Chinese -style modernization,Strive to provide Chinese wisdom in order to solve the problem of world peace and development、Chinese Plan。

(Author Unit: School of Philosophy of Nankai University) 

Editor in charge: Zhang Jing
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