Power Theory of Economics
Yasuma Takata (1883-1971), nicknamed 'the Japanese Marshall' by Martin Bronfenbrenner, dominated sociology and then economics in Japan over a long period. In sociology he was known through his articles published in German, whilst as economist he remained
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CLASSICS IN THE HISTORY AND DEVELOPMENT OF ECONOMICS General Editor: Michio Morishima, Emeritus Professor of Economics, London School of Economics In postwar years the discipline of economics has become highly advanced by focusing upon issues which can be expressed in mathematical terms and ignoring issues upon which it is difficult to make axiomatic analysis. This series aims to make available in English, texts which might well have played a major role in the development of a more balanced - not exclusively mathematical - economic theory but for the fact they were written in a language other than English. However, the series' interest will also embrace mathematical and English-language works where these appear to have been unduly neglected. The series will also seek to make available in English important works that present the experiences of non-English-speaking economies; it is hoped that these will contribute greatly to making economics more comprehensive and more widely applicable to a range of world economies in the future . Published titles include: Marco Fanno THE MONEY MARKET Giulio La Volpe STUDIES ON THE THEORY OF GENERAL DYNAMIC ECONOMIC EQUILIBRIUM Yasuma Takata POWER THEORY OF ECONOMICS
Power Theory of Economics Yasurna Takata
sometime Professor ofEconomics Kyoto and Osaka Universities
Translated by Douglas W. Anthony Foreword by Michio Morishima
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St. Martin's Press
in association with the Palgrave Macmillan
© the estate of Yasuma Takata 1995 English translation and Foreword © Michio Morishima 1995 Softcover reprint of the hardcover 1st edition 1995
All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London WIP 9HE. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. First published in Great Britain 1995 by MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 2XS and London Companies and representatives throughou t the world A catalogue record for this book is available from the British Library. ISBN 978-1-349-24045-6 ISBN 978-1-349-24043-2 (eBook) DOI 10.1007/978-1-349-24043-2
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First published in the United States of America 1995 by Scholarly and Reference Division, ST. MARTIN'S PRESS, INC., 175 Fifth Avenue, New York, N.Y. 10010
ISBN 978-0-312-12626-1 Library of Congress Cataloging-in-Publication Data Takata, Yasuma, 1883-1972. Power theory of economics / Yasurna Takata; translated by Douglas W. Anthony.
p. em.
Includes bibliographical references and index.
ISBN 978-0-312-12626-1 1. Econornics-s-Pohtical aspects. 2. Power (Social sciences)-Economic aspects. 3. E