In terms of the law of resource distribution, according to Marxism, resource distribution includes both the natural properly of production and the social properly. There are two kinds of theories, capitalist economics and Marxist economics, which are essentially different. From theoretical truth, only the resource distribution theory of Marxist economics is the scientific theory. Under the commodity economic conditions, the value law will inevitably play its role, that is, market will play a decisive role in resource distribution. The governmental function of the socialist country with Chinese characteristics includes both "night watchman" mentioned by Adam Smith and the role of microeconomic regulation mentioned by western interventionism. Besides, it also includes the special function of Chinese government as the socialist government, that is, to make the development plan of national economy, direct investment into state-owned enterprises and guide the national economy to develop along the socialist track. This is the governmental function of the socialist country with Chinese characteristics.
|Rethinking of the Distribution Theory of Socialist National Resources: On the Plutonomy Thought in Important Speech by Xi Jinping
|Published - 2015