Abstract:Capitalism has created modern civilization through the market economy. Capitalism civilization is a civilization created by the logic of capital, a civilization dominated by a handful of money giants and new capital upstarts, a civilization dominated by monopolies, and a civilization in which the vast majority of people fall into poverty. Socialist market economy, which organically integrates socialism with market economy, has created a new form of human civilization. It has increased the growth rate of wealth and the ability of human beings to control wealth, constructed a market civilization of freedom, equality, justice and the rule of law, and advocated common prosperity. Therefore, deepening reform and opening up, adhering to the socialist system and giving full play to the efficiency advantages of the market economy have become the basic strategy and path for innovation and cultivation of new human civilization.