Japanese Discourses on the Marxian Theory of Finance

by Kei Ehara (Editor)

Overview

This edited volume traces the development of the Marxian theory of finance in Japan. Japanese Marxists have long been engaged in this field of study, yet their achievements are hardly known in other languages. Japanese Discourses on the Marxian Theory of Finance brings together in English for the first time six core essays essential to the understanding of the history and development of Japanese Marxian economics. Part I considers the so-called Uno-Miyake debate, which shaped the direction of the research in postwar Japan. Part II includes the three core essays influenced by Uno, including an essay by Shigekatsu Yamaguchi, who introduced a new method to systematically deal with “credit creation” which must be duly taken into consideration if scholars are to analyze today’s “financialization." Finally, the last two essays follow from Yamaguchi’s influential theory to consider the relation of banking with the capital market to complete the theory of finance in Marxian economics. 

Product Details

ISBN-13:	9783030833244
Publisher:	Palgrave Macmillan
Publication date:	02/02/2022
Series:	Marx, Engels, and Marxisms
Sold by:	Barnes & Noble
Format:	eBook
File size:	506 KB

About the Author

Kei Ehara is Associate Professor of Political Economy at Oita University, Japan. His research interest is the theoretical studies of Marxian political economy, particularly the theory of value and the theory of crisis.

Table of Contents

Introduction to Japanese Studies of Marxian Theory of Finance.- Part 1 Uno-Miyake Debate: Formation of Marxian Theory of Finance.- Chapter 1 On Money Capitalists in the Theory of Interest in Capital.- Chapter 2 Interest-bearing Capital: Response to the Explanation of Kōzō Uno.- Chapter 3 How a Theory of Interest Should Be Developed: Answering Yoshio Miyake’s Critique of the Theory of Interest in my Principles of Political Economy.- Part 2 Development After Uno.- Chapter 4 A Systematic Approach to Marxian Credit Theory Based on the Uno Theory.- Chapter 5 Bank Capital and Credit System.- Chapter 6 Theorizing Bank Capital: neo-Unoist Approach.