金融资本主义的新发展及其危机

The New Development of the Financial Capitalism and Its Crisis

在世界经济尚未完全从上一轮危机中复苏,大量人群还生活在危机的阴影中时,新一轮的资本市场泡沫又已初步成型。发达国家缩减财政支出尤其是福利支出是经济停滞的直接原因,其极度宽松的货币政策导致了资本市场的泡沫并危害了发展中国家的经济金融稳定。金融垄断资本自20世纪80年代初以来逐步掌控了相关国家的政治经济文化大权,并在危机爆发后通过政府及时"救市"挽救了自己并更加壮大。发达资本主义国家应对危机的政策空间将越来越小,资本主义的各种矛盾将更加尖锐,停滞、危机和动荡将可能成为世界资本主义的常态,金融资本主义可能将难以持续。

Before the world economy revives from the last crisis and when a large number of people still live in the shadow of the crisis,a new capital market bubble is coming into being.The immediate cause for the economic stagnation is that the developed countries reduce fiscal expenditure especially welfare expenditure and the extremely easy monetary policy in the developed countries leads to the bubbles in capital market and damages the economic and financial stability of the developing countries.Since the early 1980 s,financial monopoly capital has gradually controlled the political,economic and cultural power in some countries and rescued itself and made itself even stronger through the government's timely market rescue after the crisis broke out.The policy space for the developed capital countries to cope with crisis will become narrower and narrower.All kinds of contradictions in capitalist society will be even sharper,stagnation,crisis and turbulence will become the normality of world capitalism,and financial capitalism is likely to be difficult to sustain.