This study focused on the “Labor Market Based Theory”introduced by Professor Ryoichi Yamazaki, specifically the relationship between the Yamazaki theory and “the Capital”system, and the theory of wages. Regarding the former, the depletion of the farming population in “the Capital” system was explored. Regarding the theory of wages, the low wages of labors in the Tohoku region, value transfer and wage structure for monopoly profit, etc. were examined. Based on these theories, the relationship between capital and agriculture in Japan was elucidated.
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