Historical Materialism Book Series251- Theory of Crisis

Based on Marx’s Capital, Uno Kōzō’s Theory of Crisis provides a rigorous exposition of the necessity of crisis of the capitalist mode of production from the perspectives of “excess capital alongside surplus populations”. Kz Unos 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 Marxs Capital, Unos theory of crisis emphasizes excess capital alongside surplus populations and the commodification of labour power at the heart of Marxs 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 Marxs 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 Kyk-ron by Iwanami Shoten, 1953.