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


  • Michiaki Obata

    (Faculty of Economics, University of Tokyo)


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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