TY  - BOOK
AU  - Itō,Makoto
TI  - Value and crisis: essays on Marxian economics in Japan 
SN  - 0853455562
AV  - HB 97.5 .I824 1980
U1  - 335.4/12 19
PY  - 1980///
CY  - New York
PB  - Monthly Review Press
KW  - Marxian economics
KW  - Value
KW  - Prices
KW  - Economics
KW  - Japan
KW  - History
N1  - Includes bibliographical references (pages 167-186) and index; Preface and acknowledgments; 1. The development of Marxian economics in Japan: I. The pre-World War I period -- II. The fervent debates of the interwar period -- III. The postwar period -- IV. A brief conclusion; 2. A study of Marx's theory of value: I. The twofold concept of value -- II. The forms of value -- III. The substance of value -- IV. Prices of production; 3. Marx's theory of market value: I. The problems in Marx's theory of market value -- II. The technical average theory of market value -- III. Uno's theory of market value -- IV. Prices of production and market value; 4. The formation of Marx's theory of crisis: I. Two types of crisis theory -- II. Crisis theory in the Grundrisse -- III. Crisis theory in Theories of Surplus Value -- IV. Completion of the crisis theory in Capital; 5. Marxist theories of crisis: I. The diversity of crisis theories -- II. Completing the basic theory of crisis -- III. The metamorphoses of crisis; 6. The inflational crisis of world capitalism: I. The inflational crisis of the 1970s -- II. How to apply Marx's theory of crisis -- III. The over accumulation of world capitalism -- IV. The breakdown of the relative stability of postwar world capitalism; Notes -- Index
N2  - "Marxian economic thought has a long and distinguished history in Japan dating back to World War I. During the 1920s the main focus was on two areas - the theory of capitalism expounded in the three volumes of Marx's Capital, and the particular characteristics of Japanese capitalism as it developed after the Meiji Restoration of 1868. Rival schools of thought emerged and staged brilliant debates at a time when interest in Marxism in the United States was still almost nonexistent. Since World War II the economics faculties of major Japanese universities have taught both Marxist and neoclassical approaches, and many of the most important writings of U.S. and European Marxists have been translated and are widely used in Japan. There has not, however, been a comparable familiarity with the rich Japanese Marxist tradition in the West. Professor Itoh's book makes an important beginning in rectifying this lopsided situation. It opens with a long and highly informative essay on the development of Marxian economics in Japan, and contains a number of the author's important and original contributions to this stream of thought." -- From the back cover
ER  -