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"Reply to Shigekatu Yamaguchi's "Michiaki Obata's Criticism of Uno's Theory"" (in Japanese)

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  • Michiaki Obata

    (Faculty of Economics, University of Tokyo)

Abstract

Against my article "Criticsim of Theory of Pure Capitalism" in 2008, Prof. Shigekatu Yamaguchi published the article entitled "Michiaki Obata's Criticism of Uno's Theorety" in 2010 where he reproach me for the excessive "misunderstanding" and "incorrect interpretation" to the "Uno's Theory". This paper is the reply to this. Main points in dispute comes out about (1) difference between "ruin" theory and "collapse" theory of capitalism, (2) relation between the stage theory of capitalist development and "transition process" from capitalism, (3) contrast between "typicality" and "similarity" in the stage theory, and (4) the origin of capitalism. My short remarks on "interpretation" is given to the last.

Suggested Citation

  • Michiaki Obata, 2012. ""Reply to Shigekatu Yamaguchi's "Michiaki Obata's Criticism of Uno's Theory"" (in Japanese)," CIRJE J-Series CIRJE-J-241, CIRJE, Faculty of Economics, University of Tokyo.
  • Handle: RePEc:tky:jseres:2012cj241
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    1. Emine G├╝rgen & Thomas A. Wolf, 2000. "Improving Governance and Fighting Corruption in the Baltic and CIS Countries; The Role of the IMF," IMF Working Papers 00/1, International Monetary Fund.
    2. Ruggerone, Luigi, 1996. "Unemployment and Inflationary Finance Dynamics at the Early Stages of Transition," Economic Journal, Royal Economic Society, vol. 106(435), pages 483-494, March.
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    4. Weitzman Martin L. & Xu Chenggang, 1994. "Chinese Township-Village Enterprises as Vaguely Defined Cooperatives," Journal of Comparative Economics, Elsevier, vol. 18(2), pages 121-145, April.
    5. Andrei Shleifer & Robert W. Vishny, 1991. "Reversing the Soviet Economic Collapse," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(2), pages 341-367.
    6. Shang-Jin Wei, 1997. "Gradualism versus Big Bang: Speed and Sustainability of Reforms," Canadian Journal of Economics, Canadian Economics Association, vol. 30(4), pages 1234-1247, November.
    7. Tian, Guoqiang, 2000. "Property Rights and the Nature of Chinese Collective Enterprises," Journal of Comparative Economics, Elsevier, vol. 28(2), pages 247-268, June.
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