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Marx, Uno and the Critique of Economics

Part of the Palgrave Insights into Apocalypse Economics Book Series

DOI: 10.1007/978-3-031-22630-4

ISBN: 978-3-031-22629-8

Publisher: Springer International Publishing - Springer Journals

Feb 1, 2023

1 - 10 of 10 Chapters

Available

Introduction

Sekine, Thomas T.

Pages: 3 –19

[This chapter tracks how I originally came to economics, Marxism and Uno, together with the circumstances in which I began studying Marxian economics under Uno’s guidance in my undergraduate years, and took a deep interest in it. I will then explain the reasons for my subsequently pursuing...
Available

Distinguishing Marxian Economic Theory from Bourgeois Political Economy

Sekine, Thomas T.

Pages: 21 –38

[Broadly, Marx’s “economics” tends to be grouped together with others, such as the economics of Adam Smith and Ricardo, as “classical”. The most obvious reason for that is their shared commitment to some form of the “labour theory of value”, something that mainstream economics today generally...
Available

The Scientificity of Marxian Economic Theory and the Spuriousness of Bourgeois Natural Science of Society

Sekine, Thomas T.

Pages: 39 –53

[Today, the prevailing view is that “bourgeois” economics has attained paradigmatic legitimacy by being “naturalized”, i.e., by pretending to have become an “objective science”, however imperfect, in the same sense as a natural science is believed to be. That is quite different from what I have...
Available

The Necessity of Levels of Analysis in Marxian Political Economy

Sekine, Thomas T.

Pages: 55 –71

[Uno’s approach to economics, as the study of capitalism, is characterized by its method of sharply distinguishing the three levels of abstraction: (1) the level of the pure theory of capitalism (his genriron), (2) that of its stages-theory of capitalist development (his dankaïron) and (3) that...
Available

Kozo Uno’s Elaboration of Marxism in the Light of Marx and Hegel

Sekine, Thomas T.

Pages: 73 –92

[Uno learned from Marx the method of “critiquing” classical political economy, and that, by faithfully following that method, Uno discovered in effect the “rational kernel of the dialectic within the mystical shell” of Hegel’s idealist philosophy. Having thus established the materialist...
Available

Theorizing World Economic Change Following the Unraveling of the Imperialist Stage

Sekine, Thomas T.

Pages: 95 –115

[In this section, I first wish to explain how I understand the current, worldwide economic crisis in the longue-durée history of capitalism. In regard to “capitalism”, I have already claimed, in Part I, that its phase (or process) of “development” through the three stages of mercantilism,...
Available

Bourgeois Economics in the Era of Ex-Capitalist Transition

Sekine, Thomas T.

Pages: 117 –135

[In reviewing the process of the “disintegration of capitalism” above, I referred only in passing to the evolution of bourgeois economics during that process. But the prevailing opinion today is that bourgeois economics has somehow attained “paradigmatic legitimacy” given that it appears to have...
Available

Whither Policy in the Phase of Capitalist Disintegration?

Sekine, Thomas T.

Pages: 137 –157

[Capitalism in its phase of “disintegration” as opposed to that of “development” is no longer “self-regulating”, and that is the reason why a national economy in the age of “capitalism in disintegration” cannot hope to automatically achieve its highest attainable activity level, in the “sub-phase...
Available

Neoliberalism and the Futility of Monetarism

Sekine, Thomas T.

Pages: 159 –177

[I believe I have established in the above the correct method with which we may address the problems of the world economy today. I am, however, quite aware that my proposal flies in the face of the present state of the profession. I, therefore, wish to stress once again that all the so-called...
Available

Road to a New Historical Society

Sekine, Thomas T.

Pages: 179 –203

[Now that the “disintegration of capitalism” has become definitive and its end imminent, we must next and last think of a “transition away from capitalism” towards what Uno called a “new historical society”, the economic substructure of which may be labelled “socialism” in the good old tradition...

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