马克思剖析的经济危机实现条件可区分为内生性制度因素和外生性物质技术条件。对价值增殖的无止境追逐和对抗性分配关系构成危机在资本主义生产方式下爆发的内生性制度因素，而规模化生产方式、技术进步促成的资本有机构成提高以及固定资本的周转周期等外生性物质技术条件，并不从属于某种特定的经济制度，它同样是推动生产过剩在转型时期产生的客观基础。分析转型时期的经济运行可以看出，借助于分权化改革战略，地方政府和企业事实上替代了资本主义生产方式中的私人资本，承担着扩张生产规模的主体；而与此同时，收入不能顺利转化为消费和投资则替代了收入贫困化因素，导致了需求萎缩和市场狭窄。所有这些为转型时期买方市场的出现和生产能力过剩铺垫了体制成因 Marx’s analysis of the conditions for the realization of the economic crisis can be divided into endogenous institutional factors and exogenous material and technical conditions. The endless pursuit of value proliferation and the antagonistic distribution constitute the endogenous institutional factors of the crisis that burst out under the capitalist mode of production. Excessiveness of the scale of production, the increase in the organic composition of capital driven by technological progress, and the turnaround of fixed capital Material and technological conditions are not subordinated to a particular economic system. They are also an objective basis for promoting overproduction during the transition period. It can be seen from the analysis of the economic operation during the transitional period that with the help of the decentralization reform strategy, local governments and enterprises have in fact replaced the private capital in the capitalist mode of production and assumed the main body of expanding the production scale. At the same time, Smoothly converted into consumption and investment to replace income poverty factors, leading to shrinking demand and the market is narrow. All of these have paved the way for institutional causes for the emergence of a buyer’s market during the transitional period and the overcapacity of production capacity