Makoto Itoh
Encyclopedia
is a Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

ese economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 and is considered internationally to be one of the most important scholars of Marx's
Karl Marx
Karl Heinrich Marx was a German philosopher, economist, sociologist, historian, journalist, and revolutionary socialist. His ideas played a significant role in the development of social science and the socialist political movement...

 theory of value. He teaches at Kokugakuin University, Tokyo, and is professor emeritus of the University of Tokyo.

He belongs to the school of economic thought founded by Kozo Uno
Kozo Uno
was a Japanese economist and is considered to be one of the most important theorists on the field of Marx's theory of value. His main work Principles of Political Economy was published in 1964. Among his scholars are Thomas T. Sekine and Makoto Itoh.-Thought:...

 and is one of the few Japanese Marxian economists
Marxian economics
Marxian economics refers to economic theories on the functioning of capitalism based on the works of Karl Marx. Adherents of Marxian economics, particularly in academia, distinguish it from Marxism as a political ideology and sociological theory, arguing that Marx's approach to understanding the...

 who has published widely in English-language journals such as Science & Society
Science & Society
Science & Society is the oldest continuously-published journal of Marxist scholarship still extant.It publishes peer-reviewed essays in economics, philosophy of science, historiography, women's studies, literature, the arts, and other social science disciplines...

, Monthly Review
Monthly Review
Monthly Review is an independent Marxist journal published 11 times per year in New York City.-History:The publication was founded by Harvard University economics instructor Paul Sweezy, who became the first editor...

, Capital & Class
Capital & Class
Capital & Class is the journal of the Conference of Socialist Economists .The journal aims to provide a critique of global capitalism in the Marxist tradition, reaching out into the labour, trade union, and other radical movements, such as anti-racism, environmentalism, and feminism.The journal has...

, New Left Review
New Left Review
New Left Review is a 160-page journal, published every two months from London, devoted to world politics, economy and culture. Often compared to the French-language Les Temps modernes, it is associated with Verso Books , and regularly features the essays of authorities on contemporary social...

 and Ampo. He has published 24 books, of which 6 are in English, and 5 are translated and published in Chinese.

Books in English

  • Value and Crisis (1980).
  • The Basic Theory of Capitalism (1987)
  • The world economic crisis and Japanese capitalism (1990)
  • Political Economy for Socialism (1995)
  • with Costas Lapavitsas, Political economy of money and finance (1999)
  • The Japanese Economy Reconsidered (2000)

Articles in English


External links

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