Japan Press Weekly

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2009 April 22 - 28 [JCP]

Fuwa interacts with Chinese experts in Marxism

Fuwa Tetsuzo, director of the Social Sciences Institute attached to the Japanese Communist Party, on April 20 exchanged opinions in discussion held in Beijing with seven Chinese experts from the Communist Party of China’s study project on Marxism.

On behalf of the Chinese participants, Zhang Lei, deputy chief of the CPC Central Committee Propaganda Department’s Theory Division, explained what the Marxism study project team has achieved in its activities since it was launched by the CPC leadership in 2004. The CPC study project team also attaches importance to the analysis of the global financial crisis, he added.

In explaining the JCP’s basics stance regarding the study of scientific socialism, Fuwa said, “We always try to find the logic Marx used to develop his theory.”

Chinese participants asked questions and made comments regarding the present global financial meltdown associated with the doctrine of neo-liberalism.

Fuwa characterized the present crisis as a combination of panic caused by overproduction and the mismanaged financial crisis, and stated his view on Marx’s crisis theory.

He also said that neo-liberalism is a policy doctrine of U.S. capitalism, the main aspects of which are: “market fundamentalism” that rejects social regulations on the tyranny of capital; the upside-down economy that pursues profit from money markets as its main profit-making endeavor; and the pursuit of hegemony in trying to get other countries to accept the Washington Consensus.