Abstract

The foundation of the Uno School is Uno’s theory of a purely capitalist society. It is this theory that sets forth the necessary inner connections of capitalism in the abstract and in general, and hence establishes the foundation of political economy. The distance between the inner logic of capitalism and its historical development is great. To apply the law of value directly to history would therefore produce an economistic and reductionist history. The gap between the highly abstract theory of pure capitalism and concrete history must be addressed by developing mediations. There are many ways of doing this, but in Uno’s view the most effective way is to develop a distinct level of theory. Following Lenin, Uno refers to this mediating level of theory as ‘stage theory’.

Keywords

Sugar Depression Petroleum Coherence Baran 

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Notes

  1. 11.
    Fred Block, The Origins of International Economic Disorder (Berkeley: University of California Press, 1977), p. 6.Google Scholar
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    V. I. Lenin, Imperialism: The Highest Stage of Capitalism (New York: International, 1979), p. 61.Google Scholar
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    R. Luxemburg, The Accumulation of Capital (London: Routledge & Kegan Paul, 1963); R. Luxemburg, The Accumulation of Capital: An Anti-Critique andGoogle Scholar
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  9. 42.
    Paul Baran and P. Sweezy, Monopoly Capital (New York: Monthly Review Press, 1966) written largely during a period of reaction is one of the most important and influential books on Marxian economics produced by the American Left. Also it was one of the earliest works of the post-World War II Marxian renaissance.Google Scholar
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    Fine B. and L. Harris, Rereading Capital (London: Macmillan, 1979) pp. 109–10.Google Scholar

Copyright information

© Robert Albritton 1986

Authors and Affiliations

  • Robert Albritton
    • 1
  1. 1.Department of Political ScienceYork UniversityCanada

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