Abstract:
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The current global economic crisis once again proves Karl Marx’s theoretical point. The
basic contradiction of capitalism - between the highly socialized productive force and capitalist
relation of production - has blowed up globally, causing severe economic, politic, and social
consequences. The intervention of states has softened this critical contradiction and restricted its
damage remarkably. In the near future, a global centre for economic regulation will appear.
However, the capability and power of states are limited. The inherent contradiction of capitalism
still exists and a similar crisis is inevitable in the future. Building a country with “wealthy people,
prosperious country, democracy, justice, cilvilization” is a goal that Vietnam has targeted. They
are also the common values of the humankind. To achieve this goal, Vietnam should learn lessons
from other countries. Development of a market economy is indispensable for Vietnam. However,
it is necessary to aware of advantages and disadvantages that exist in a market economy, including
crisis risks. The current global economic crisis has awoken every country. In fact, it could be
confirmed that Vietnam has a correct choice when choosing development model as “Socialist-
oriented market economy”. In essence, socialist orientation in market economic development of
Vietnam is to develop a market economy followed the shortened and sustainable development
model. Thanks to this model, the impacts of global economic crisis on Vietnam are less dramatic
than several countries; macroeconomic situation is relatively stable, economic growth is positive;
hunger elimination and poverty reduction gains achievements and so on. Those achievements
prove that Vietnamese Communist Party has successfully applied Marxist economic theory in the
new situation of Vietnam. |