© 1990

The World Economic Crisis and Japanese Capitalism


Table of contents

  1. Front Matter
    Pages i-xvi
  2. The Capitalist World Economy in Crisis

  3. Japanese Capitalism in Crisis

    1. Front Matter
      Pages 137-139
    2. Makoto Itoh
      Pages 140-166
    3. Makoto Itoh
      Pages 180-198
    4. Makoto Itoh
      Pages 199-214
  4. Back Matter
    Pages 235-263

About this book


The current world economic crisis and its impact on Japanese capitalism contains many paradoxes. After the historical conditions of continuous growth under US economic hegemony broke down, generating a global economic crisis from the beginning of the 1970s, the restructuring of capitalism through the 'information revolution' seems paradoxically to be causing a historical reverse in social conditions of over a century. Although the Japanese economy is often regarded as an exceptionally successful economy it is not immune from the crisis. The process of restrengthening Japanese competitive power has weakened the social position of Japanese workers. This book offers a stimulating analysis of the dynamics of the world and Japanese economy. The author's previous book The Basic Theory of Capitalism gives a solid theoretical basis for the treatment of the current crisis in this present study.


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Authors and affiliations

  1. 1.University of TokyoJapan

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