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.
The current world economic crisis and its impact on Japanese capitalism contains many paradoxes.
A reconsideration of socialism in the post-Soviet era based on the theoretical achievements of Japanese Marxist political economy. The book further inquires into the nature, the achievements, and the character of the systemic change in the socialist economies of the Soviet Union, Eastern Europe, and China.
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