Description
Book SynopsisKōzō Uno’s Theory of Crisis presents an unparalleled and systematic demonstration of the inevitability of crisis under the capitalist mode of production. Based on a radical re-interpretation of Marx’s Capital, Uno’s theory of crisis emphasizes ‘excess capital alongside surplus populations’ and ‘the commodification of labour power’ at the heart of Marx’s theory of crisis, and additionally provides a concise overview of capitalist crises from the stage of mercantilism to the imperialist stage of capitalism. Included are two Appendix essays by Uno, which disentangle theoretical difficulties related to the theory of crisis in Marx’s Capital, and two original and contemporary essays by Professors Makoto Itoh and by Ken Kawashima and Gavin Walker. This book was originally published in Japanese as Kyōkō-ron by Iwanami Shoten, 1953.
Table of ContentsTranslator’s Preface Author’s Preface Uno Kōzō, Kyoko Ron (Theory of Crisis) Introduction 1 Classical Phenomena of Crises 2 The Theory of Crisis and Foreign Trade 3 The Role of Commercial Capital in Relation to the Phenomena of Crisis 4 The Possibility and Inevitability of Crisis in Capitalist Society 1 Prosperity 1 The Accumulation of Capital in the Phase of Prosperity 2 The Role Performed by Credit 3 Speculative Development and the Rise in Prices 2 Crisis 1 The Collision between the Profit Rate and the Interest Rate 2 The Excess of Capital and the Excess (Surplus) of Populations 3 The Destruction of the Value of Capital 3 Depression 1 The Stagnation of the Reproduction Process 2 Inaugurating New Accumulation through Improvements to the Production Process 3 The Turn towards Prosperity 4 The Turnover Period of the Business Cycle 5 The Inevitability of Crisis in Capitalist Society 1 Mechanical Inevitability and Historical Inevitability 2 The Inevitability of Crisis and the Inevitability of Collapse 3 The Theory of Crisis and the Analyses of Crises Appendix 1: Problems of the Theory of Crisis in Capital Appendix 2: Capital and the Demonstration of the Inevitable Ground of Crisis Guiding Comments Makoto Itoh Supplementary Essay: Uno Kōzō’s Theory of Crisis Today Ken C. Kawashima and Gavin Walker Works Cited in Theory of Crisis Index
