Theory of Crisis

Kōzō Uno's work, rooted in historical materialism, offers a profound analysis of economic crises through a critical lens. Originally published in Japan in 1953, this text delves into the structures underpinning capitalism and its inherent contradictions. Uno meticulously examines how crises emerge, not merely as random occurrences but as essential components of the capitalist system, resulting from its very dynamics. His insights culminate in a compelling argument about the cyclical nature of economic downturns and their implications for society.

Ken C. Kawashima's translation brings Uno's thought-provoking ideas to a broader audience, making the complexities of his theories accessible to English-speaking readers. The work challenges conventional interpretations of economic fluctuations, urging readers to consider deeper systemic issues. By weaving historical context with theoretical rigor, Uno's discourse invites reflection on the interconnections between economic conditions and societal structures, enriching the discourse around crises in capitalism and its future trajectories.