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Capitalism and the Dialectic
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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.
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Table of Contents

Preface Chapter 1: Introduction to the Uno/Sekine Approach PART I: THE DIALECTICAL THEORY OF PURE CAPITALISM THE DOCTRINE OF CIRCULATION Chapter 2: Commodity, Value, Money and Capital Forms THE DOCTRINE OF PRODUCTION Chapter 3: Capitalist Production Chapter 4: The Circulation and Reproduction of Capital THE DOCTRINE OF DISTRIBUTION Chapter 5: The Theory of Profit Chapter 6: Business Cycles Chapter 7: Rent, Commercial Credit and Loan Capital Chapter 8: Interest-Bearing Capital Closes the Dialectic PART II: CAPITALISM AND HISTORY Chapter 9: The Stages Theory of Capitalist Development Chapter 10: Conclusion: Capitalists Beyond Capitalism Bibliography Index

About the Author

John R. Bell taught for over three decades at Seneca College, Toronto, Canada. His 'Dialectics and Economic Theory' appeared in 'A Japanese Approach to Political Economy '(1995); 'From Hegel to Marx to the Dialectic of Capital' appeared in 'New Dialectics and Political Economy' (2003). He and Thomas Sekine co-authored 'The Disintegration of Capitalism: A Phase of Ex-Capitalist Transition' in 'Phases of Capitalist Development: Booms, Crises and Globalizations' (2001). In 2004 he co-edited 'New Socialisms', to which he contributed, 'Marx's Anti -Authoritarian Ecocommunism. Currently, he is providing editorial assistance to Thomas Sekine, who is translating 'Economic Policies', Uno's major contribution to the stages theory of capitalism's historical development.

Reviews

Many thinkers have been influenced to some extent by the work of Japanese Political Economist Kozo Uno, and many more have failed to understand its subtleties and its strengths. ... John Bell, who has worked closely with Sekine for over 25 years, is best placed to write a much needed clear and accessible introduction. -- Rob Albritton This book is a clear introduction to a ground-breaking but little-known approach to Marxian economics: the Uno-Sekine approach. ... John Bell seeks to correct this, explaining how crucial themes of Marxian economics such as the law of value and the law of relative surplus population can be restated by using a more rigorous dialectical analysis. -- Tom Sekine On important questions of Marxist theory around which debate in Western academies began to swirl from the 1970s onward the Japanese political economist Kozo Uno had already made major interventions decades earlier ... John Bell's book helps to fill an intellectual gap in the profession of Marxist studies. -- Richard Westra, Associate Professor, Pukyong National University, South Korea is author of Political Economy and Globalization. Rarely do refined analytical clarity and theoretical precision combine with careful contextualization and adamant intellectual honesty to expound a levels-of-abstraction approach. ... And even more rarely do they produce a compelling alternative to the ubiquitous a-historical treatments of dialectics as a general method good for all times and subjects. -- Stefanos Kourkoulakos, Department of Political Science, York University, Toronto

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