Theory of Crisis

"Originally published in Japan in 1953 by Iwanami Shoten, Uno Kōzō's Theory of Crisis presents an unparalleled and systematic demonstration of the necessity 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 three original and contemporary essays by Professors Makoto Itoh, Ken Kawashima, and Gavin Walker"--