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The Dialectics of Capital (volume 2)
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01 November 2021

Volume 2 of The Dialectics of Capital
This is the first book written in English to build upon the important and underappreciated work of Japanese economist Kōzō Uno (1897-1977) and his efforts to expose the "thing-in-itself (or inner logic)" of capitalism. Following the form of argument first elaborated in Hegel's Logic, Sekine shows that neither "bourgeois-liberal" nor even "conventionally-Marxist" economics possess a logical (and thus objective) knowledge of capitalism as such, and therefore fail to understand some of its fundamental aspects.
Originally completed in typescript and privately published at York University, Canada, in 1983, The Dialectics of Capital's influence was profound despite its very small first run. As contemporary capitalism stumbles from crisis to crisis, this book can serve as a dependable guide for those aiming to correctly terminate a system that has long since outgrown its usefulness.
“Sekine’s innovation is to put forward the thesis that [Kōzō] Uno’s dialectic of capital is greatly illuminated by aligning it with Hegel’s logic [...] If we can speak of an ‘Uno school’ in Japan, we may perhaps speak of an ‘Uno-Sekine school’ in Canada.”
—Chris Arthur, Marx & Philosophy Review of Books
Thomas T. Sekine was Professor of Economics at York University, Ontario, Canada, 1968-1994, and Professor of International Trade, Graduate Faculty of Commerce, Aichi-Gakuin University, Nagoya, Japan, 1994-2005. He is the author of many works in English and Japanese including An Outline of the Dialectic of Capital, 2 vols.; Towards a Critique of Bourgeois Economics, Essays of Thomas T. Sekine; and Towards a Paradigm Change in Economics (in Japanese). In addition to his own work in economic theory, methodology of economics, and international trade, Sekine is also the translator from Japanese into English of two of Kōzō Uno's books.