By Thomas T. Sekine, Robert Albritton
Kozo Uno encouraged a complete iteration of marxian political economists in submit international warfare II Japan. Thomas Sekine labored heavily with Uno in Japan and later got here to York collage in Toronto, the place he brought Uno's principles to Canadian students. Sekine has considerably enlarged and sophisticated Uno's paintings, and within the approach has motivated students in either Japan and Canada. This anthology is a suite of essays in marxian political economic climate by way of students who've been stimulated by way of Sekine's specific appropriation of Uno's ideas.
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Additional resources for A Japanese Approach to Political Economy: Unoist Variations
Doctrine of Production Explicit Implicit ~ P=P Doctrine of Distribution -+ P=P(T) A = A(T) i! Uno School Seminar: Theory of Value 24 The word "transformation", however, is not monopolised by the dialectic. ), it means a transplantation of a mathematical point or relation from one space (or system of coordinates) to another. Similarly, we can speak of the mathematical transformations of values into prices and of prices back into values. These are shown by the pair of vertical arrows in the above chart.
The differential fertility of land is, however, given by nature, and does not tend to be eliminated by the competition of capital. Hence the market-regulating value and production-price of wheat should be equal to the "individual" value and production-price of wheat harvested on the least fertile land-(2). 7667). 6476). These latter numbers are respectively the market regulating production price of wheat and the general rate of profit. 0921 per unit of wheat, which should, of course, be converted into differential rent, if the capitalist market is to guarantee fair competition.
But that may be enough for the small producer to survive. ; and the price of his product (Pd) varies accordingly. In any case it is not possible to determine a definite price corresponding to the socially necessary labour for the production of (D), unless the same commodity is capitalistically produced in the same market. 11 In this case society's productive labour is allocated in such a way that in all branches of production, including the production of (D), the uniform profit-rate of 11 % obtains.
A Japanese Approach to Political Economy: Unoist Variations by Thomas T. Sekine, Robert Albritton