An era of economic globalisation and inward investment has seen much interest in Japanese labour management techniques. The first English edition of this 1964 classic of Japanese economics corrects the misunderstandings which often prevail in this debate, by providing the necessary historical context from the Meiji restoration to the second world war. Professor Hazama debunks the myth that Japanese-style management is inherited from her feudal past, showing the impact of businesses imported from the west after reunification in 1867-68 and how these were amalgamated with a range of Japanese traditions.

In characterising the Japanese way of business, Professor Okumura has made one of the most significant contributions to the study of economics. Following his study of the conversion of prewar zaibatsu to postwar groups of enterprises, he worked on the roll of comprehensive trading companies in these groups, the main banking system and the permanent employment system. However, he is very critical of this way of business, whereas those influenced by him are enthusiastic in its appreciation. This is the first English translation of his work.

Yasuma Takata (1883-1971), nicknamed 'the Japanese Marshall' by Martin Bronfenbrenner, dominated sociology and then economics in Japan over a long period. In sociology he was known through his articles published in German, whilst as economist he remained rather unknown in the West, despite his work along the line connecting Walras, Bohm-Bawerk, Wicksell and Keynes. His scope is so wide as to view Marx critically and accommodate Veblen, Pareto, Schumpeter. Accepting the orthodox economic theory as a first approximation, he tried to introduce institutional factors and power relationships as a second approximation. This volume is edited so as to represent a synthesis of his economics and sociology.

From the viewpoint of carrying out multi-disciplinary studies between economics and other social sciences, Pareto's theories are especially important as they are the core of contemporary orthodox economics. His sociology is constructed very differently from his economics. First the former deals with non-rational social behaviour of human beings, whilst the latter with rational behaviour; secondly, in the methodology the former is empirical and inductive, while the latter is logical and deductive. The present volume is a revamping of works by two authorities on Pareto. It combines Alfonso de Pietri-Tonelli's address to the Italian Association for Advancement of Science on the occasion of the tenth anniversary of Pareto's death with selected chapters of Vilfredo Pareto, sa vie et son oeuvre, Payot, Paris, 1928 by G.H. Bousquet.

From the viewpoint of carrying out multi-disciplinary studies between economics and other social sciences, Pareto's theories are especially important as they are the core of contemporary orthodox economics. His sociology is constructed very differently from his economics. First the former deals with non-rational social behaviour of human beings, whilst the latter with rational behaviour; secondly, in the methodology the former is empirical and inductive, while the latter is logical and deductive. The present volume is a revamping of works by two authorities on Pareto. It combines Alfonso de Pietri-Tonelli's address to the Italian Association for Advancement of Science on the occasion of the tenth anniversary of Pareto's death with selected chapters of Vilfredo Pareto, sa vie et son oeuvre, Payot, Paris, 1928 by G.H. Bousquet.

This volume examines central questions about the nature of economic theory, its historical development and its explanatory power. What determines economic distribution - can pure economic theory itself explain the fundamentals of distribution or is a broader economics incorporating theories of power in society necessary? The book presents the debate through classic statements of each position from two leading economists of the century, Joseph A. Schumpeter and Yasuma Takata. A substantive introduction from Michio Morishima assesses and places in context the work of both Schumpeter and Takata.

Yasuma Takata (1883-1971), nicknamed 'the Japanese Marshall' by Martin Bronfenbrenner, dominated sociology and then economics in Japan over a long period. In sociology he was known through his articles published in German, whilst as economist he remained rather unknown in the West, despite his work along the line connecting Walras, Bohm-Bawerk, Wicksell and Keynes. His scope is so wide as to view Marx critically and accommodate Veblen, Pareto, Schumpeter. Accepting the orthodox economic theory as a first approximation, he tried to introduce institutional factors and power relationships as a second approximation. This volume is edited so as to represent a synthesis of his economics and sociology.

An era of economic globalisation and inward investment has seen much interest in Japanese labour management techniques. The first English edition of this 1964 classic of Japanese economics corrects the misunderstandings which often prevail in this debate, by providing the necessary historical context from the Meiji restoration to the second world war. Professor Hazama debunks the myth that Japanese-style management is inherited from her feudal past, showing the impact of businesses imported from the west after reunification in 1867-68 and how these were amalgamated with a range of Japanese traditions.

An era of economic globalisation and inward investment has seen much interest in Japanese labour management techniques. The first English edition of this 1964 classic of Japanese economics corrects the misunderstandings which often prevail in this debate, by providing the necessary historical context from the Meiji restoration to the second world war. Professor Hazama debunks the myth that Japanese-style management is inherited from her feudal past, showing the impact of businesses imported from the west after reunification in 1867-68 and how these were amalgamated with a range of Japanese traditions.

In characterising the Japanese way of business, Professor Okumura has made one of the most significant contributions to the study of economics. Following his study of the conversion of prewar zaibatsu to postwar groups of enterprises, he worked on the roll of comprehensive trading companies in these groups, the main banking system and the permanent employment system. However, he is very critical of this way of business, whereas those influenced by him are enthusiastic in its appreciation. This is the first English translation of his work.

Yasuma Takata (1883-1971), nicknamed 'the Japanese Marshall' by Martin Bronfenbrenner, dominated sociology and then economics in Japan over a long period. In sociology he was known through his articles published in German, whilst as economist he remained rather unknown in the West, despite his work along the line connecting Walras, Bohm-Bawerk, Wicksell and Keynes. His scope is so wide as to view Marx critically and accommodate Veblen, Pareto, Schumpeter. Accepting the orthodox economic theory as a first approximation, he tried to introduce institutional factors and power relationships as a second approximation. This volume is edited so as to represent a synthesis of his economics and sociology.

From the viewpoint of carrying out multi-disciplinary studies between economics and other social sciences, Pareto's theories are especially important as they are the core of contemporary orthodox economics. His sociology is constructed very differently from his economics. First the former deals with non-rational social behaviour of human beings, whilst the latter with rational behaviour; secondly, in the methodology the former is empirical and inductive, while the latter is logical and deductive. The present volume is a revamping of works by two authorities on Pareto. It combines Alfonso de Pietri-Tonelli's address to the Italian Association for Advancement of Science on the occasion of the tenth anniversary of Pareto's death with selected chapters of Vilfredo Pareto, sa vie et son oeuvre, Payot, Paris, 1928 by G.H. Bousquet.

From the viewpoint of carrying out multi-disciplinary studies between economics and other social sciences, Pareto's theories are especially important as they are the core of contemporary orthodox economics. His sociology is constructed very differently from his economics. First the former deals with non-rational social behaviour of human beings, whilst the latter with rational behaviour; secondly, in the methodology the former is empirical and inductive, while the latter is logical and deductive. The present volume is a revamping of works by two authorities on Pareto. It combines Alfonso de Pietri-Tonelli's address to the Italian Association for Advancement of Science on the occasion of the tenth anniversary of Pareto's death with selected chapters of Vilfredo Pareto, sa vie et son oeuvre, Payot, Paris, 1928 by G.H. Bousquet.

This volume examines central questions about the nature of economic theory, its historical development and its explanatory power. What determines economic distribution - can pure economic theory itself explain the fundamentals of distribution or is a broader economics incorporating theories of power in society necessary? The book presents the debate through classic statements of each position from two leading economists of the century, Joseph A. Schumpeter and Yasuma Takata. A substantive introduction from Michio Morishima assesses and places in context the work of both Schumpeter and Takata.

Yasuma Takata (1883-1971), nicknamed 'the Japanese Marshall' by Martin Bronfenbrenner, dominated sociology and then economics in Japan over a long period. In sociology he was known through his articles published in German, whilst as economist he remained rather unknown in the West, despite his work along the line connecting Walras, Bohm-Bawerk, Wicksell and Keynes. His scope is so wide as to view Marx critically and accommodate Veblen, Pareto, Schumpeter. Accepting the orthodox economic theory as a first approximation, he tried to introduce institutional factors and power relationships as a second approximation. This volume is edited so as to represent a synthesis of his economics and sociology.

An era of economic globalisation and inward investment has seen much interest in Japanese labour management techniques. The first English edition of this 1964 classic of Japanese economics corrects the misunderstandings which often prevail in this debate, by providing the necessary historical context from the Meiji restoration to the second world war. Professor Hazama debunks the myth that Japanese-style management is inherited from her feudal past, showing the impact of businesses imported from the west after reunification in 1867-68 and how these were amalgamated with a range of Japanese traditions.