抄録
This paper consists of four main contents. The first one is my counterargument against Prof. Obata's comments on Uno's stage theory of Economics. I think that Obata's understanding on Uno's theory is poor and wrong. Obata reads that Uno estimated that the capitalist economy from the latter part of the 19^<th> century to 20^<th> century is the falling period of capitalism. But it is not true. Uno thought that the capitalism during that period was still developing in a different way from the way of the 19th century. Secondly, Prof. Obata explains that the recent capitalism has been making a great conversion both inside and outside the capitalist nations through the world-wide neo-liberalism. He alleges that this fact also means the characteristics of the recent capitalist economy that changes from the partiality of capitalism to expansiveness to the whole. But I do not agree with him. I understand that the partiality of capitalism originates in the partiality of the market economy for the traditional human lives itself. Market economy essentially can not invade all aspects of human life. Human beings resist the invasion of market economy on their lives in various fields according to their cultures, their customs, their religions, their standards of value, etc.. The diversity of capitalist economy is the products of compromise with each other. That is why the capitalist economy brings forth divergence. Even neoliberalism can not bring convergence. Thirdly, Prof. Obata claims that K. Uno's method of economics is of no effect on the analysis of the recent economy of capitalism. But I do not think so. K. Uno proposed the method called the three levels of the study of economics, the principles of economics, the stage theory of capitalist development, and the realistic analysis of the current situations. The principles of economics are the pure theories, which consist of pure forms and mechanism of market economy only. The stage theory explains the peculiarity of changes and divergences in the capitalist development, dividing the historical developments into three stages; the stage of commercial capital domination, the stage of industrial capital domination, and the stage of financial capital domination. As for this second level of the Uno's method, there are two main factors which influence peculiar situations of each stage; one is the behavior of the dominant capital of the concerned stage, and the other is the structure of the powerdisposition of the world economy and policy. From this viewpoint, above-stated 3 stages can be divided into 9 substages. I think this method of this stage-study is useful and effective for the study of the current situations. Finally, the general concept of "financial capital" should be revised, because the behavior of the recent financial capital is considerably different from that of the former financial capital, which used to finance industrial enterprises. Nowadays, it acts and functions more speculatively. I consider the third stage of historical development of capitalism can be divided into 4 sub-stages, and the dominant type of the financial capital in the fourth substage is the securitized capital of various sources of profits. The study of the behavior of financial capital of this type must be useful for the purpose of analysis of recent situations.
