This book analyzes the world economic crisis as the essential
background for an investigation into recent problems of Japanese
capitalism. Taken into consideration are various socio-political or
intitutional factors which affect the concrete course of current
capitalist development.;The study raises questions such as why the
stable and prosperous long boom of the postwar capitalist world
resulted in an unstable period of deep and widespread depression
from 1973, what the roles of Keynesianism and Monetarism are in the
ongoing process of world economic crises and how the socio-economic
positions of working people have been affected by the attempts to
restructure capitalist firms.;In so doing, the author hopes to
contribute to Marxian social science studies and offer sound social
alternatives for the mass of working people.
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