Theory of Crisis

Kōzō Uno’s Theory of Crisis presents an unparalleled and systematic demonstration of the inevitability of crisis under the capitalist mode of production.

Based on a radical re-interpretation of Marx’s Capital, Uno’s theory of crisis emphasizes “excess capital alongside surplus populations” and “the commodification of labour power” at the heart of Marx’s theory of crisis, and additionally provides a concise overview of capitalist crises from the stage of mercantilism to the imperialist sta...