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'A work of fundamental importance. The most extensive and sophisticated reconstruction of Marx's Capital ever written takes the work of the Unoist school to new heights' - Robert Albritton, Associate Professor of Political Science, York University, Toronto Sekine follows the method advanced by Kozu Uno to provide an updated version of Marx's economic theory, in its full scope, as described in the three volumes of Das Kapital. It constitutes a dialectical system, consisting of the doctrines of Circulation, Production and Distribution. The whole system defines the "idea" of capitalism. More than a hundred years after Marx's death, his economic work is revived here with the analytical rigour expected of modern scientific theory, yet with no concession in substance to bourgeois economics.
This is the first book written in English that tries to expose the “thing-in-itself (or inner logic)” of capitalism in a form homomorphic to Hegel’s Logic, following the method previously established in Japan by Kôzô Uno (1987-1977). Neither 'bourgeois-liberal' nor even 'conventionally-Marxist' economics possess a logical (hence objective) knowledge of capitalism as such, which is regrettable. The manuscript of this book was completed in typescript at York University, Canada, in 1983, then privately published in that form by the author in about 500 copies, which are by now virtually dispersed. In order, however, to re-launch economics as objective knowledge, when the world must prepare itself to correctly terminate capitalism, we need to rediscover a book of this kind as a dependable guide.
This book argues that the dialectic of Marx's Capital has a systematic, rather than historical, character. It sheds new light on Marx's great work, while going beyond it in many respects.
From the 1960s to the 1990s the ground-breaking Japanese economists Kozo Uno and Thomas Sekine developed a masterful reconfiguration of Marxist economics. The most well-known aspect of which is the levels of analysis approach to the study of capitalism. Written in Japanese, the Uno-Sekine approach to Marx's work is little understood in West. John Bell seeks to correct this, explaining how problematic elements of Marxian Political Economy such as the law of value and the law of relative surplus population can be solved by using a more rigourous dialectical analysis. Bell's clear and accessible synthesis provides economists with the tools to interrogate capitalism in a more powerful way than ever before.
Representing Capital, Fredric Jameson’s first book-length engagement with Marx’s magnum opus, is a unique work of scholarship that records the progression of Marx’s thought as if it were a musical score. The textual landscape that emerges is the setting for paradoxes and contradictions that struggle toward resolution, giving rise to new antinomies and a new forward movement. These immense segments overlap each other to combine and develop on new levels in the same way that capital itself does, stumbling against obstacles that it overcomes by progressive expansions, which are in themselves so many leaps into the unknown.
The book presents an integral Marxist conception of the dialectics and methodology of scientific theoretical cognition, of the dialectical interrelation between the abstract and the concrete, of the unity of the historical and the logical, of the correlat
Geert Reuten offers a systematic exposition of the capitalist system, showing that the capitalist economy and the capitalist state constitute a unity.
The global economic crisis and recession that began in 2008 had at least one unexpected outcome: a surge in sales of Karl Marx's Capital. Although mainstream economists and commentators once dismissed Marx's work as outmoded and flawed, some are begrudgingly acknowledging an analysis that sees capitalism as inherently unstable. And of course, there are those, like Michael Heinrich, who have seen the value of Marx all along, and are in a unique position to explain the intricacies of Marx's thought. Heinrich's modern interpretation of Capital is now available to English-speaking readers for the first time. It has gone through nine editions in Germany, is the standard work for Marxist study groups, and is used widely in German universities. The author systematically covers all three volumes of Capital and explains all the basic aspects of Marx's critique of capitalism in a way that is clear and concise. He provides background information on the intellectual and political milieu in which Marx worked, and looks at crucial issues beyond the scope of Capital, such as class struggle, the relationship between capital and the state, accusations of historical determinism, and Marx's understanding of communism. Uniquely, Heinrich emphasizes the monetary character of Marx's work, in addition to the traditional emphasis on the labor theory of value, this highlighting the relevance of Capital to the age of financial explosions and implosions.
This book provides a wide-ranging and in-depth reappraisal of the relation between Marx’s economic theory in Capital and Hegel’s Logic by leading Marxian economists and philosophers from around the world. The subjects dealt with include: systematic dialectics, the New Dialectics, materialism vs. idealism, Marx’s ‘inversion’ of Hegel, Hegel’s Concept logic (universality-particularity-singularity), Hegel’s Essence logic (essence-appearance), Marx’s levels of abstraction of capital in general and competition, and capital as Hegelian Subject. The papers in this volume were originally presented at the 22nd annual meeting of the International Symposium on Marxian Theory at Mount Holyoke College in August 2011. The twelve authors are divided between seven economists and five philosophers, as is fitting for the interdisciplinary subject of the relation between Marx’s economic theory and Hegel’s logic. Contributors are: Chris Arthur, Riccardo Bellofiore, Roberto Fineschi, Gastón Caligaris, Igor Hanzel, Juan Iñigo Carrera, Mark Meaney, Fred Moseley, Patrick Murray, Geert Reuten, Mario Robles, Tony Smith, and Guido Starosta.
In How Language Informs Mathematics Dirk Damsma shows how Hegel’s and Marx’s systematic dialectical analysis of mathematical and economic language helps us understand the structure and nature of mathematical and capitalist systems. More importantly, Damsma shows how knowledge of the latter can inform model assumptions and help improve models. His book provides a blueprint for an approach to economic model building that does away with arbitrarily chosen assumptions and is sensitive to the institutional structures of capitalism. In light of the failure of mainstream economics to understand systemic failures like the financial crisis and given the arbitrary character of most assumptions in mainstream models, such an approach is desperately needed.