The Japanese Economy Reconsidered - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Japanese Economy Reconsidered write by M. Itoh. This book was released on 2000-11-17. The Japanese Economy Reconsidered available in PDF, EPUB and Kindle. The Japanese economy has shown paradoxical changes. Its successes in forming a company-centred society generated the long downturn toward zero-growth capitalism. Successful spread of information technologies resulted in deterioration of economic life among working people and a wide fall in birth rate. At the zenith of the Japanese model of company system, a huge bubble swelled, so as to prepare a prolonged depression throughout the 1990s. Neoliberalism with spiral reversal of capitalist development toward more competitive markets rather promoted difficulties among people. A lucid reconsideration of neoliberalism through concrete Japanese experiences.
Value and Crisis
Value and Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Value and Crisis write by Makoto Itoh. This book was released on 2020-12-30. Value and Crisis available in PDF, EPUB and Kindle. Analyzes Japanese contributions to Marxist theory Marxist economic thought has had a long and distinguished history in Japan, dating back to the First World War. When interest in Marxist theory was virtually nonexistent in the United States, rival schools of thought in Japan emerged, and brilliant debates took place on Marx’s Capital and on capitalism as it was developing in Japan. Forty years ago, Makoto Itoh’s Value and Crisis began to chronicle these Japanese contributions to Marxist theory, discussing in particular views on Marx’s theories of value and crisis, and problems of Marx’s theory of market value. Now, in a second edition of his book, Itoh deepens his study Marx’s theories of value and crisis, as an essential reference point from which to analyze the multiple crises that have arisen during the past four decades of neoliberalism. One contribution of the original Value and Crisis was to bridge Japan and the world in the field of Marxian political economy. Itoh’s second edition demonstrates an even wider-ranging familiarity with major schools of Marxist thought, summarizing and assessing viewpoints of such theorists as Hilferding, Bauer, Kautsky, Bukharin, Luxemburg, Grossman, Sweezy, the Japanese Marxist Kozo Uno, together with the relevant parts of Capital and a section on the 1930’s Great Depression. Given today’s current emergencies of world capitalism and socialism, says Itoh, we need to work together to resolve new global problems, articulating new issues of Marx’s theories of value and crisis. The promise of Marx’s theories has not waned. If anything—given the failure of Soviet-style socialism and the catastrophe of neoliberalism—it grows daily.
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy
Keynes’s General Theory Reconsidered in the Context of the Japanese Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Keynes’s General Theory Reconsidered in the Context of the Japanese Economy write by Masayuki Otaki. This book was released on 2016-05-18. Keynes’s General Theory Reconsidered in the Context of the Japanese Economy available in PDF, EPUB and Kindle. This book reconsiders Keynes’s The General Theory of Employment, Interest and Money and establishes a new interpretation. In contrast to the existing models, this book finds that the stickiness in the nominal wage is not crucial for his theory. Moreover, the author has also succeeds in capturing the concept of liquidity in a rigorous mathematical model. In conjunction with the development of the concept of liquidity, the separation of the decision between savings and capital investment, which plays a key role in the principle of effective demand and denies Say’s law, is exactly and originally formulated. The theory thus developed is applicable to elucidating some serious political economic causes that entrap the long-stagnated Japanese economy. For example, an analytical explanation is provided about why disinflation/deflation incessantly progresses despite the exorbitant expansionary monetary policy (ijigen kin-yuu seisaku) by the Bank of Japan. This phenomenon is an unsolvable question from the quantity-theoretic approaches (e.g., monetarism and new Keynesianism) which, although they differ in assumptions concerning the length of adjustment periods, commonly assume that the price level sooner or later rises in proportion to the quantity of money. Owing much to Keynes, the author’s approach considers that the price level is mainly governed by its marginal prime cost which is equal to the nominal wage as a first approximation. As such, the drastically sagging wages during the past 10 years provoke serious disinflation/deflation. It should be noted that this discussion never depends on the quantity of money.
The Japanese Economy
The Japanese Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Japanese Economy write by David Flath. This book was released on 2022-05-12. The Japanese Economy available in PDF, EPUB and Kindle. The Japanese Economy, 4th Edition is for anyone curious about economics, for it is impossible to appreciate economics without vivid examples of its application. This book is also for anyone broadly interested in Japan, for it is impossible to fully understand Japan without learning what basic economics has to say about it, which is much. To know Japan - or any country for that matter - is more than an ability to recite a litany of facts about its history, geography, institutions, and culture. Disciplined thinking is needed to organize the disparate facts into a coherent system that can be grasped whole. Modern economics is the academic discipline underlying this book. The book uses economics and explains it, but without presuming the reader has any prior knowledge of it. The main object of interest is Japan. It starts with Japan's economic history since the late sixteenth century through the twentieth century. It then addresses contemporary topics in Japan's economy, beginning with ones that require an economy - wide perspective - economic growth and the business cycle, exchange rates, and the balance of trade. The discussion then moves on to sectors of the economy: the public sector, industry and trade, the financial system, the labor market, and more. The chapters can be read in any order, but four threads run through all the chapters and link them: Japan's economic growth and development, Japan's integration with the world economy, government policies and their effects, and peculiar economic institutions and practices.
Governing the Japanese Economy
Governing the Japanese Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Governing the Japanese Economy write by Kyoko Sheridan. This book was released on 1994-06-06. Governing the Japanese Economy available in PDF, EPUB and Kindle. This book offers a novel and wide-ranging interpretation of Japanese economic policy, using historical analysis of Japanese economic development to shed light on current objectives, trends and possibilities.
