Abstract
Financial crisis is the representation and reflection of the sharp contradictions in substantial economy. The worldwide financial-economics crisis results from the failure of the real estate industry to sell their houses, the relative overproduction and inadequate effective demand. The source of the worldwide financial-economic crisis is the institution of capital employing labor The factors of financial products, state monopolized capitalism and the global expansion of capitalism etc delayed and deepened economic contradiction and led to the concentrated intense eruption of the worldwide financial-economic crisis.
| Translated title of the contribution | The Source of the Present Worldwide Financial-Economic Crisis and the Reason for Its Consentrated Intense Eruption |
|---|---|
| Original language | Chinese (Simplified) |
| Pages (from-to) | 25-28 |
| Number of pages | 4 |
| Journal | 经济经纬 |
| Issue number | 03 |
| Publication status | Published - 2009 |
Keywords
- financial-economic crisis
- relative overproduction
- inadequate effective demand
- the institution of capital employing labor