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Books > Social sciences > Politics & government > Political ideologies > Marxism & Communism
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Value and Crisis - Essays on Marxian Economics in Japan (Hardcover, 2nd edition)
Loot Price: R2,376
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Value and Crisis - Essays on Marxian Economics in Japan (Hardcover, 2nd edition)
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Marxist economic thought has had a long and distinguished history
in Japan, dating back to the First World War. When interest in
Marxist theory was virtually nonexistent in the United States,
rival schools of thought in Japan emerged, and brilliant debates
took place on Marx's Capital and on capitalism as it was developing
in Japan. Forty years ago, Makoto Itoh's Value and Crisis began to
chronicle these Japanese contributions to Marxist theory,
discussing in particular views on Marx's theories of value and
crisis, and problems of Marx's theory of market value. Now, in a
second edition of his book, Itoh deepens his study Marx's theories
of value and crisis, as an essential reference point from which to
analyze the multiple crises that have arisen during the past four
decades of neoliberalism. One contribution of the original Value
and Crisis was to bridge Japan and the world in the field of
Marxian political economy. Itoh's second edition demonstrates an
even wider-ranging familiarity with major schools of Marxist
thought, summarizing and assessing viewpoints of such theorists as
Hilferding, Bauer, Kautsky, Bukharin, Luxemburg, Grossman, Sweezy,
the Japanese Marxist Kozo Uno, together with the relevant parts of
Capital and a section on the 1930's Great Depression. Given today's
current emergencies of world capitalism and socialism, says Itoh,
we need to work together to resolve new global problems,
articulating new issues of Marx's theories of value and crisis. The
promise of Marx's theories has not waned. If anything - given the
failure of Soviet-style socialism and the catastrophe of
neoliberalism - it grows daily.
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