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Kôzô Uno And his school: A pure theory of capitalism

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Chapter Summary

This chapter concentrates exclusively on Kôzô Uno's Principles of Political Economy - the only work translated into English - and relies on a few studies published in European languages. Uno distinguishes between three theoretical levels. The first is the 'theory of a purely capitalist society', dealt with by Uno's Principles. The second level is the 'theory of stages of capitalism'. The third level is concrete history - the history of particular societies, grasped in their specificity, their distinctive historical-cultural context, the sequence of their conjunctures. Uno's theory of purely capitalist society is divided into three parts, each of which contains three sections: Circulation; Production; and Distribution. The articulation between 'stages' and purely capitalist society is based on the idea that the latter defines a system in which the law of the market completely and directly governs production.

Keywords: capitalism; Kôzô Uno; purely capitalist society

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