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2010 JSPE Conference Program 3. Financial system and American economy “The Transformation of the Social Chair: Masao YOKOUCHI() Economic System and the Challenges Masao ISHIKURA() of Political Economy: Can “The evolution of the financial system and the en- Change?” dogenous money supply: from the perspective of the securitization of loan assets” th The 58 JSPE annual conference was held at Commentator: Atsushi NAITO(Otsuki Junior College) Kansai University, Osaka on October 23rd─24th, 2010. The main language of the conference was Taro YOKOKAWA(University of /Graduate Student) Japanese and there were two English sessions. “Money managers in the American economy after the World War II” Saturday, October 23 Commentator: Motoo HARUTA(formerly Nihon Uni- versity)

9:30~12:10 Parallel Session 1: Aki ANEHA(Komazawa University) “Historical aspect of consumer credit in U. S.” 1. Relevant to Plenary Session’s Theme Commentator: Seiichi AKIYAMA(Kokugakuin Tochigi Chair: Fukushima University Yasuo GOTO( ) Junior College)

Masakazu KITANO(University of Hyogo) “On expansion of national total demand by the 4. Task of Political Economy reconstruction of eco-based industry(agri, forestry, Chair: Akira ICHII(/Emeritus) ) livestock and fishery ” Nobuyoshi TORII(Chuo University) Commentator: Yahiro UNNO(Kanazawa University/ “Accumulation and economic inequality in con- Emeritus) temporary capitalism” Commentator: Tokyo Metropoli- Yoshi AZUMA(Tokyo Municipal Problem’s Institution) Akira MIYAGAWA( “New social economic system and the challenge tan University) ANNUAL CONFERENCE OF THE JSPE ANNUAL of political economy” Nobumitsu YAO(Kagoshima Kokusai University) th Commentator: Yoshiharu KAMIYAMA(Hokkai “The mission of the contemporary political econ-

58 Gakuen University) omy” Commentator: Chuo University/ Hiroshi OHNISHI(Kyoto University) Mitsuhiko TSURUTA( “Neo-liberalism caused by social-democrat: class Emeritus)

THE struggle for the post-capitalism under the zero- growth economy” 5. Theory of Value and Price Chair: Hiroshima Shudo University Commentator: Masakazu KITANO(University of Sumio KAMEZAKI( ) Hyogo ) Takahisa UEMURA(Yamaguchi University) “On persuasiveness of pricing mechanism” 2. Crisis and Cycle Commentator: Takashi AOSAI(Shinshu University) Chair: Tomikazu HOSHINO(Toyama University) Hiroshi NOGUCHI(Kansai University/Emeritus) Yoshihisa IWATA(/Graduate Student) “Value theory of information-goods and service- “Clément Juglar’s theory of the cycle: world econ- goods” omy and his position in the history of economic Commentator: Hiromoto KITAMURA() thought” Commentator: Yushi IWASHITA(Chukyo University) 6. Book Reviews Chair: Hokkaido Unive rsity Tsutomu TAKAHASHI(Gifu Keizai University) Hiromi OKABE( )

“Market mechanism and crisis” Masashi SHIMIZU() Commentator: Toru MATSUHASHI(Chuo University) On Michiaki OBATA(2010)Principle of Political

Yukihiko MAEHATA(Obirin University) Economy: Basis and Exercise, Tokyo University Press

“Determination mechanism for policy rates and Yasuaki TSUKAMOTO(former PD・RPD) transformations in the present world economic On Koji MORIOKA(2010)The Age of Avaricious crisis” Capitalism and its End, Sakurai-Shoten Publishers Commentator: Mitsugu YONEDA(Chuo University) Shoshiro OGURA(Shizuoka University) On Yasuo FUKUDA(2010)Corporate Globalization

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and the Sovereignty of Regions, Sakurai -Shoten in Britain: inflation targeting, financialization and Publishers income distribution” Commentator: Tetsuji KAWAMURA(Hosei University) 7. English Session1: Problems of the Global- ized Economy and Global Economic Crisis 11. Corporate Governance Chair: Shinjiro HAGIWARA(Yokohama National Uni- Chair: Yukio ARII(Komazawa University) versity) Masaru KASAI(Hokkai Gakuen University) Kang-Kook LEE(Ritsumeikan University) “What does it mean?: the ownership and the con- “The political economy of global imbalances and trol of the public company began to divorce after the global financial crisis” the WW1” Commentator: Yukio KATAGIRI(formerly Japan High- 13:10~15:50 Parallel Sessions 2: way Public Corporation)

Jun FUKUDA(Kyoto University/Graduate Student) 8. Nonmaterial Regime of Accumulation “Dividend policy and structure of shareholders in Chair: Atsushi NAITO(Otsuki Junior College) Japanese firms” Takayuki NAKAHARA(Shitennoji University) Commentator: Akinori ISOGAI(Kyushu University) “Non-material regime of accumulation and the political: about the cognition of symbolical media- 12. Study on Capital tion and collective patrimony” Chair: Takashi AOSAI(Shinshu University) Commentator: Hideharu SAITO(Osaka Sangyo Uni- Izumi OMURA(Tohoku University) versity) “Logical structure of the second section of the Taizo YAMAMOTO(Aichi University/Lecturer) second book of capital, ‘Turnover of Capital’ by “Cognitive labour and cognitive science” Marx himself: The fundamental problem of his Commentator: Fumitaka WAKAMORI(Kansai Uni- editing work on the second section of the second versity) book of Capital of Engels” Commentator: Michio AKAMA(Ehime Unive rsity) Fumiaki SUDA(National Agriculture and Food Research Organization) Keizo HAYASAKA(Iwate University/Emeritus) “Convention of quality and pragmatism of evalu- “On the construction of the part 3 of the 2nd vol- ation: wine critics as community o f practice for ume of K. Marx’ Capital, edited by F. Engels, com- taste” pared with Marx’ 2nd and 8th manuscripts” Commentator: Atsushi NAITO(Otsuki Junior College) Commentator: Michio AKAMA(Ehime University)

Teinosuke OTANI(Hosei University/Emeritus) 9. Gender “Where did the term of Marx: monied capital Chair: Kazuo SUZUKI(Hirosaki University) come from?” Kimitoshi SATO(Nagaoka National College of Technology) Commentator: Toshiaki OTOMO() “Economic thought and feminism of Beatrice Pot- ter Webb: 1886─1926” 13. Socialism Commentator: Keiko FUNAKI() Chair: Kiichiro YAGI(Setsunan University)

Miyuki HASHIMOTO(Hosei University/Lecturer) Yoshihiko NAKANO(Kyoto University/Graduate Student) “Gender statistics and policies in welfare state: “Hajime Kawakami’s view on joint-stock compa- with relation to valuation of unpaid work” ny as passing point to socialism” Commentator: Yayoi SUGIHASHI(Kanazawa University) Commentator: Kiichiro YAGI(Setsunan University)

Nobumichi SEKIGUCHI(Hitotsubashi University/Grad- 10. Growth and Crisis uate Student) Chair: Hiroyasu UEMURA(Yokohama National University) “What is the true mean of ‘social property’?” Hiroshi NISHI(Hannan University) Commentator: Fumio ASHIDA(Ritsumeikan Universi- “A macroeconomic model with institutional hier- ty/Emeritus) archy and adjustment time-lag” Hirotaro YAMAMOTO(Osaka University of Economics Commentator: Yoshikazu SATO(Hosei University) and Law) Nobuhiro INATOMI(Kyushu University) “Reexamination of socialism theory of Marx” “The long economic growth and economic crisis Commentator: Nobumitsu YAO(Kagoshima Kokusai

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University) Commentator: Masakazu KITANO(University of Hyogo)

Hiroji BABA(University of Tokyo/Emeritus) 14. English Session 2: On Michael Hudson’s “Cost of an excessive enrichment: self-destructive Super Imperialism Thesis nature of capitalism” Chair: Richard WESTRA(Pusan National University) Commentator: Shigeo TOTSUKA(Aomori University) Thomas T. SEKINE(formerly York University) “The transition away from capitalism: post-1914 Naoki UMEZAWA(Shiga University) “ world economy” An essay on a socio-economic approach to envi- ronmental issues” John R. BELL(ret. Seneca College, Toronto) Commentator: Hideharu SAITO(Osaka Sangyo University) “Uno-Sekine approach to contemporary econo- my: affinities with Hudson and Minsky” 17. Financial Policy and Economic Package Chair: Masayoshi TATEBE(Chuo University) Invited Lecture Atsushi NAITO(Otsuki Junior University) Chair: Nobuharu YOKOKAWA(Musashi University) “Inflation targeting, financialization and income James HEINTZ(University of Massachusetts, Amherst) distribution” “The structure of employment, globalization, and Commentator: Masao ISHIKURA(Hitotsubashi University) economic crises: rethinking employment policy for the current era” Hiroshi SETOOKA(Komazawa University) “The significance of criticism against those who expect either more consumption or more govern- General Meetings ment role” Commentator: Yasuo GOTO(Fukushima University) Awarding Ceremony of the First Encouragement Prize Takao TAKEUCHI Conference Dinner “A LETS as the economic measure and functions of the money” Sunday, October 24 Commentator: Tsuyoshi YUUKI(

9:30~12:10 Parallel Session 3: 18. Labor Process Chair: Nobuhiro INATOMI(Kyushu University) 15. Mathematical Marxian Economy Hiroyuki ABE(University of Tokyo/Graduate Student) Chair: Hiroshi OHNISHI(Kyoto University) “The labor process of care work: from the point of Atushi TAZOE(Kyoto University/Graduate Student) view of the theory of emotional labor” “Analyzing of dynamics of income distribution Commentator: Yasuaki TSUKAMOTO(former PD・RPO) with optimal growth model” Hideo DOI(Yokohama National University) Commentator: Yuuho YAMASHITA() “Transportational labour and fetishism” Liu HUAN(Kyoto University/Graduate Student) Commentator: Takuya SATO(Chuo University) “Population growth, scarcity of production factors and agricultural intensification” 19. Employment and Labor Commentator: Hiroshi OHNISHI(Kyoto University) Chair: Toshio YAMADA(Kyushu Sangyo University)

Yuuho YAMASHITA(Dokkyo University) Akira MATSUURA(University of Hyogo/ Graduate Student) “Stages of development and asset differential in “White-collar workers’ long working hours with the capitalist economy” de facto working hours system: at work in the non Commentator: Junichi SEKINE(Kyushu Sangyo Uni- life insurance industry” versity) Commentator: Koji MORIOKA(Kansai University)

Yoshiaki TAKADA(Kiso Keizai Kagaku Kenkyusho) 16. Political Economy of Environments “The situation of temporary workers and staffing Chair: Hitoshi SUZUKI(Yamagata Unive rsity) companies in the manufacturing industry in Ja- Atsushi FUJIOKA(Ritsumeikan University) pan” “Return to the breast of mother earth and enrich Commentator: Taichi ITO(Osaka University of Economics) the soil first: a manifesto of the eco-socio eco- nomics” Hiroshi NAKANO(Kansai University/Graduate Student) “On Iwao NAMIE(2010)Basic Structure of Labor

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Management, Koyoshobo Publishers 13:10~17:00 Plenary Session:

20. Change and Social Theory The Transformation of the Social Economic Chair: Shuichi KAKUTA(Ritsumeikan University) System and the Challenges of Political Econo- my: Can Japan Change? Hideharu SAITO(Osaka Sangyo University) Chair and Organizer: Aki ANEHA(Komazawa University)/ “Discourses of institutional economics and gov- Akinori ISOGAI(Kyushu University)/Masayoshi ernmentality in civil society” TATEBE(Chuo University) Commentator: Fumitaka WAKAMORI(Kansai University) Seiichi NAGASHIMA() Michihio AKIYAMA(Tokyo Metropolitan University/ “The contradictions of global capital accumulation Graduate Student) and ecological- socialism” “The development of social science in contempo- rary age and social theory of Karl Marx” Michiaki OBATA(University of Tokyo) Commentator: Akira MIYAGAWA(Tokyo Metropoli- “Fundamental problems in marxian economic tan University) theory under the rise of the emerging capitalism: multilayered origins of capitalism” Hiroyuki TAKEI(Osaka Keizai University/Lecturer) “The restoration of the ‘shadow work’ in contem- Masashi MORIOKA(Ritsumeikan University) porary Japan: a study of the revolutionary subject “What was/can be socialism?: science, struggle formation in Capital, et cetra” and norm” Commentator: Masao ISHIKURA(Hitotsubashi University)

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