Alternative thoughts and practice to contemporary capitalism: A response to Francis Fukuyama's criticism

Abstract

As Karl Marx revealed, the current deep crisis of capitalism is caused by the insurmountable interior conflicts along with its course of development. The capitalist world is facing a persistent crisis on the levels of economy, society, institution, and ideology. This paper from a global point of view summarizes the theories and practices of the alternatives to contemporary capitalism. The theoretical criticism and the innovative attempts on social reform and revolution against capitalism indicate the destiny of capitalist society and also reveal the future possibilities.

Keywords:

• Marxism
• socialism movement
• socioeconomic reform
• financial crisis

Additional information

Notes on contributors

Cheng Enfu

Translated by Wang Shan

Ding Xiaoqin

Translated by Wang Shan