Since the late-19th century, Japan has made remarkable strides in industrialization. Beginning with the economic vision of Miura Baien in the 18th century, and employing a detailed comparison with the West, this book delves into the economic thought of the scholars who played a pivotal role in Japan's modernization process. The author takes Fukuzawa Yukichi's theory of 'civilization' as the standard measure of Japan's modernization and compares it with differing visions from various critics whose research focused on rural poverty and social problems, such as Maeda Masana, early socialists, Yanagita Kunio and Kawakami Hajime. Further, the book explores new liberalism (Ishibashi Tanzan, Fukuda Tokuzo) and Marxism (Yamada Moritaro, Uno Kozo) in the 1920s and 1930s. After discussing the dilemmas faced by economists during wartime (Takata Yasuma, Ryu Shintaro, Shibata Kei), the author concludes this intellectual history with the country's post-1945 democratic reforms and their early demise. This book is valuable reading for students and researchers of Japan's intellectual history. However, due to the book's comparative perspective, as well as the universality of the modernization experience, it will also appeal to students and researchers of the history of economic thought and modern intellectual history.

This book is the result of the first SEEP (Studies in Economic Ethics and Philosophy) conference that was held in Asia. First, the Western tradition is reinterpreted and restated by the two editors with their diversified perspective of virtue ethics and communicative ethics. Then, new approaches such as "critical realism", "reciprocal delivery", "evolutionary thought" and "cultural studies" are applied to understand ethical problems in economics. Further, in contrast to the reassessment of Scottish moral philosophy and German Romanticism, Chinese, Japanese, and Korean ethical thinking is examined under the modern perspective. This book does not miss the reflections on current problems around the penetration of corruption and the primacy of shareholders' value in the field of business.

Since the late-19th century, Japan has made remarkable strides in industrialization. Beginning with the economic vision of Miura Baien in the 18th century, and employing a detailed comparison with the West, this book delves into the economic thought of the scholars who played a pivotal role in Japan's modernization process. The author takes Fukuzawa Yukichi's theory of 'civilization' as the standard measure of Japan's modernization and compares it with differing visions from various critics whose research focused on rural poverty and social problems, such as Maeda Masana, early socialists, Yanagita Kunio and Kawakami Hajime. Further, the book explores new liberalism (Ishibashi Tanzan, Fukuda Tokuzo) and Marxism (Yamada Moritaro, Uno Kozo) in the 1920s and 1930s. After discussing the dilemmas faced by economists during wartime (Takata Yasuma, Ryu Shintaro, Shibata Kei), the author concludes this intellectual history with the country's post-1945 democratic reforms and their early demise. This book is valuable reading for students and researchers of Japan's intellectual history. However, due to the book's comparative perspective, as well as the universality of the modernization experience, it will also appeal to students and researchers of the history of economic thought and modern intellectual history.

This book provides the basic knowledge of Japanese contributions in political economy and the ongoing research agenda, such as the pursuit of theoretical consistency in Marxian economics by Uno School; the concept of 'civil society' as a criterion of existing socio-economic structure; a mathematical reconstruction of Marxian theory; and an analysis of environmental pollution. The new generation of Japanese political economists in collaboration with their overseas counterparts has produced new insights into political economy and into the newly emerging structure of the world economy. The book provides useful insights into international capitalism and how past patterns of uneven development are now changing; the role of international finance in affecting both national and international growth and employment patterns; an analysis of recent growth patterns in Asia; and the specific issue emerging within the Asian region and the implications for economics, social change and geopolitics.

Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.

Recent events in the global financial markets and macro economies have served as a strong reminder for a need of a coherent theory of capitalist crisis and analysis. This book helps to fill the gap with well-grounded alternative articulations of the forces which move today's economic dynamics, how they interact and how ideas of foundational figures in economic theory can be used to make sense of the current predicament. The book presents a comprehensive collection of reflections on the origins, dynamics and implications of the interlinked crises of the U.S. and global economies. The book is a thoughtful collaboration between Japanese heterodox economists of the Japan Society of Political Economy (JSPE) and non-Japanese scholars. It provides a unique immersion in different, sophisticated approaches to political economy and to the crisis. The book illustrates with the understanding of Marx's crisis theory and how it can serve as a powerful framework for analyzing the contemporary sub-prime world crisis. The book explains the subprime loan crisis as a crisis in a specific phase of the capitalist world system and concludes that it is a structural one which destroys the existing capital accumulation regime. It pays attention to structural changes and to how these changes beget profound and controversial consequences. The result is a must-read - one which truly contributes to the resurgence of radical analyses of the political economy, free from the market optimism of the main-stream economics.

This book combines modern evolutionary economics and classical political economy. Modern evolutionary economics with its pluralistic and contingent view of reproduction does not presuppose equilibrium or harmonious reproduction. A society that consists of multiple agents needs to establish an order from the interactions of those agents. The book introduces a normative and a practical dimension where mutual justification occurs through the act of exchange. Mutual justification ultimately leads to the emergence of social and economic order, an approach that the author dubs "approval theory." The division of labor proceeds alongside the emergence of money and capital, and the book discusses the dual structure of the real and financial economy that is the consequence. It then interprets collective action using the twin concept of voice and exit and proposes the concept of evolutionary governance to explain the politico-economic aspects of the social economy. As such, this book shows the promising direction in which the modern political economy is now proceeding, in accordance with the contingent process of evolutionary reproduction. Further, two collaborating authors supply a game-theoretical interpretation of approval theory and an exploration of the evolution of dynamical systems, respectively.

This book provides the basic knowledge of Japanese contributions in political economy and the ongoing research agenda, such as the pursuit of theoretical consistency in Marxian economics by Uno School; the concept of 'civil society' as a criterion of existing socio-economic structure; a mathematical reconstruction of Marxian theory; and an analysis of environmental pollution. The new generation of Japanese political economists in collaboration with their overseas counterparts has produced new insights into political economy and into the newly emerging structure of the world economy. The book provides useful insights into international capitalism and how past patterns of uneven development are now changing; the role of international finance in affecting both national and international growth and employment patterns; an analysis of recent growth patterns in Asia; and the specific issue emerging within the Asian region and the implications for economics, social change and geopolitics.

This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.

This book intends to renovate the view of social sciences in the German-speaking world. It explores the intellectual tension in the social science in Austria and Germany in the late-nineteenth and early-twentieth centuries. It deals with how the emergence of the new school (Austrian School) changed the focus of social science in the German speaking world, and how it prepared the introduction of an evolutionary perspective in economics, politics, and sociology. Based on (mostly hitherto unknown) primary evidence, this development is lively described in a series of encounters and decisions by each social scientists.

It was at the fifth SEEP-Conference on Economic Ethics and philosophy in autumn 1997 that the organizational work of the seventh conference in 1999 was entrusted to the editors of this volume. Prof. Peter Koslowski, series editor of The Studies in Economic Ethics and Philosophy, SEEP, expressed the hope that the SEEP-Conference be held in the Far-East for the fist time would bring a new comparative aspect to economic ethics and philosophy. Further, the agenda of economic ethics seemed to increase its significance also in Japan and other Asian countries especially due to the spread of corruption in the government and business under the financial crisis that attacked these nations in the late 1990s. Though we chose "Com petition, Trust, and Cooperation" as the general theme of the conference, this should include the collusion, distrust, and corruption as the opposite side of the medal. The conference was held on March 10-12, 1999 at the Kansai Seminar House of the Nippon Christian Academy, Kyoto, Japan. Fourteen papers were submitted to the conference. In addition to twelve papers that are printed in this volume, Prof. Ruisheng Wang (Capital Normal University, Beijing) read his paper on ethical problems in the context of Asian financial crisis and Prof. Agnar Sandmo (Norwegian School of Economics and Busi ness Administration) did the same by his paper on societal aspect of the competition promotion policy."

This book combines modern evolutionary economics and classical political economy. Modern evolutionary economics with its pluralistic and contingent view of reproduction does not presuppose equilibrium or harmonious reproduction. A society that consists of multiple agents needs to establish an order from the interactions of those agents. The book introduces a normative and a practical dimension where mutual justification occurs through the act of exchange. Mutual justification ultimately leads to the emergence of social and economic order, an approach that the author dubs "approval theory." The division of labor proceeds alongside the emergence of money and capital, and the book discusses the dual structure of the real and financial economy that is the consequence. It then interprets collective action using the twin concept of voice and exit and proposes the concept of evolutionary governance to explain the politico-economic aspects of the social economy. As such, this book shows the promising direction in which the modern political economy is now proceeding, in accordance with the contingent process of evolutionary reproduction. Further, two collaborating authors supply a game-theoretical interpretation of approval theory and an exploration of the evolution of dynamical systems, respectively.