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Marxist Macroeconomics:A Modern Exposition
YANG Tian-yu
Teaching and Research
2006, (1):
36-42.
This paper rearranges Marxist ideas of macroeconomics scattered in different works in a logical way and thus establishes a modern frame for analysis.This re-stated system includes an equilibrium condition of social reproduction and three deductions,the internal relation of which can be illustrated by geometry forms.Three deductions are reached in the light of this system:Marxist fiscal policy,money policy and industry policy.Through empirical analysis of the effect of macro adjustments in China,the author concludes that Marxist system is more capable of exposition than that by Keynes.
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