Rethinking on Challenging “Ricardo Law” and Construct Innovative and Harmonious China

Wen-jing Wu, Zhao-hui LI

Abstract


Developed countries, heading by the United States, have been trying to break away from the “Ricardo law” circle, while the US financial crisis has once again declared its failure. As the biggest developing country, China is now challenging the “Ricardo Law”. This paper has a brief rethinking on the western conflictive and harmonious thoughts of World development in order to probe on our ongoing harmonious socialist development.


Key words: financial crisis; western economics; "Ricardo Law"; conflictive and harmonious thoughts; harmonious society

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