Return of Marxian Macro-dynamics in East Asia

Masao Ishikura is Professor of Economics, Hitotsubashi University, Japan.;Seongjin Jeong is Professor of Economics, Gyeongsang National University, South Korea.Minqi Li is Professor of Economics, University of Utah, USA.

Now that that the miracle narratives of triumphalist capitalism in East Asia are washing up against deepening economic crisis, social polarization, rising popular discontent, and escalating geopolitical tensions, interest in anti-capitalism and Marxism is beginning to revive in China, Japan, and the Koreas. Contributors here look at macro-dynamics in East Asia, state and hegemony in East Asia in the context of transnational capitalism, and considering aspects of a Marxian alternative for East Asia.

• Introduction Masao Ishikura, Seongjin Jeong, Minqi Li Part I: Macro-dynamics in East Asia;Labor Value and Exploitation in the Global Economy; Taiji Hagiwara, Kobe University, JapanFinancial Instability in Japan: Debt, Confidence, and Financial Structure; Kenshiro Ninomiya, Shiga University, Japan and Masaaki Tokuda, Shiga University, JapanA Historical Perspective and Evaluation of Abenomics; Takeshi Nakatani, Onomichi City University, Japan, and Taro Abe , Nagoya Gakuin University, JapanBiased Technical Change and Economic Growth: The Case of Korea, 1970-2013; Sangjun Jeong, Mokpo National University, South KoreaDynamics of the Rate of Surplus Value and the “New Normal” of the Chinese Economy; Hao Qi, Renmin University of China, China;Part II: State and Hegemony in East Asia in the Context of Transnational CapitalismThe Transnational Capitalist Class and Relations of Production in Asia and Oceania; Jeb Sprague-Silgado, University of California Santa Barbara, USAA critical review of China’s reform; Gyu Cheol Lee, Kyungpook National University, South KoreaWhy China is Different: Hegemony, Revolutions and the Rise of Contender State; Lorenzo Fusaro, Universidad Autónoma Metropolitana, Mexico;Part III: Consideration of Aspects for a Marxian Alternative for East AsiaThe Chongqing Model – Socialist Alternative or Propaganda Cliché?; Anna Zakharzhevskaya, State Academic University for the Humanities, Russia;Subversive Migration, Citizenship from Below and Democracy against Bordered Capitalism; Dae-oup Chang, Sogang University, South Korea;Part IV: Communications on Chapters on Sraffa in RPEAddendum to Carter’s ’Response to Professor Solow’; Yoann Verger, National Institute for Agronomic Research (INRA), FranceComments on Verger’s Addendum; Scott Carter, University of Tulsa, USA;Reply to Yoann Verger; Robert M. Solow, Massachussetts Institute of Technology, USA