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Let's crush the maneuver of revision of the constitution and the militarism line of the LDP and Reactionaries!
Let's raise highly the flag of "elimination of exploitation" and "liberation of labor"!
Let's gain one million votes, and send the representatives of workers to the national diet!
What's New Theory Our History
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UMITSUBAME No.1373/Feb.16
"UMITSUBAME" that means storm petrel in Japanese, is the WPLL newspaper published every two weeks..

@In front of the National Diet (Nov.1959)

lenin's "own words"
For raising trotskyism!

No.1373/Feb.16, 2020
Wasting tax is just a problem.
-- We impeach the populism politics assented by ruling and opposition parties.

@It is said that Abe talked to Aso, "there was no question demand about the budget from the opposition parties even in the budget committee", and Aso answered "then, the budget bill should be approved" after 7-hour question was over on the first day of the House of Representatives budget committee in the end of January. What does this mean on earth, and how should we understand it? Does it mean that though the opposition parties were absorbed in meaningless chattering in the assembly, they were not fighting against the Abe Administration seriously?
[Editorial]: Pay the compensation of "the nuclear umbrella" -- Is it a tyrannious or fair demand by America?
A simple commodity and a commodity of the capitalism -- What is the exchange value (value)?
Central "The Capital" learning meeting‡@
I am a menber of the Workers' Party and he is a follower of the JCP. -- I met an old friend again.

No.1372/Feb.9, 2020
Let's develop the fight of the Workers' Party now!
-- Populism of the ruling and opposition parties is rampant.

@In the ordinary session of the Diet, the next fiscal year budget that is important and a serious problem should have been discussed now. Because the most important problem of the Diet now is the budget of the next fiscal year which is the focus of the political dispute and has a big influence on the politics and economy of the modern bourgeois society. However, in the Diet, will the opposition parties try to confront and fight this urgent and important political struggle against the Abe Administration determinedly and seriously? The stage is mainly the Committee on the Budget where such struggle must be called and accomplished objectively.
[Editorial]: The dismantling of EU has just begun. -- Capitalists cannot accomplish the panhuman unification.
The general prospects of the Capital-learning-circle
-- Even "the product theory" of the beginning is very difficult to understand.

No.1371/Feb.2, 2020
gThe annual spring offensiveh in name only
-- The media intellectuals can just blab.

@The annual spring offensive is in full swing. But it is not same as the former "annual spring offensive" in which the whole of the workers has fought for improvement of living against companies and bourgeoisie by the use of force including strikes and so on. It has changed completely to the place that the executives and labor union hold a meeting peacefully and cooperate about the method of wage payment or a wage increase rate, and the economy, the profit and the growth of the company. There is nothing left of the remnant that is "total" class struggle and actions of the workers.
[Editorial]: Working for capital ? -- We impeach the "economic rebuilding by wage increase" idea.
The childish "tactics" of the JCP -- To socialism by gouging other parties?
About the chart of the issue before last -- A question from a reader what does "the slanted line"
In answer to a question from a reader -- Hayashi article on "The Petrel" no.1369
Where does the falling Social Democratic Party go to? -- The opposition parties joint struggle has a rocky road ahead.

Marx's Labor Theory of Value :
A Defense
Hayashi Hiroyoshi
Translated by Roy West

Our price:$26.95
Format: Paperback
Size : 6 x 9
Pages: 420
ISBN: 0-595-34600-6
Published: Mar-2005

Other Formats: Adobe eBook

International orders:
Call 00-1-402-323-7800

Japanese Marxist Hayashi Hiroyoshi introduces the fundamental concepts of Marx's economic theory, particularly the "labor theory of value" presented at the beginning of Capital.

Book Description

Karl Marx's ideas have been declared "dead" on more than one occasion, only to emerge with new relevance a few years later. But the "collapse of communism" seemed to be the final nail in his coffin. The end of history had been reached, we were told, and poor old Karl was wrong. - Or was he?

In Marx's Labor Theory of Value: A Defense, Hayashi Hiroyoshi argues that Marx will continue to be relevant as long as capitalism continues to exist. This is simply because no one grasped the nature of capitalism on a more profound level than Marx did. Hayashi presents the most fundamental aspects of Marxist economic thought, centering on the discussion of the commodity at the beginning of Capital. Also included are detailed examinations of Adam Smith's theory of value and the concepts of ground - rent, credit, and productive labor. Hayashi shows that Marx's labor theory of value is the key not only to understanding capitalism but also for grasping the essential characteristics of socialism. And socialism - as the real solution to the contradictions of capitalism - turns out to have little in common with the recently deceased "communist" states.

Now that history has resumed - after its brief "hiatus" - it's time to return to Marx!

Our First English Publication !!
 Stalinist or Scientific

The Marxist Theory
of State capitalism

Written by Hiroyoshi Hayashi ; Kennichi Suzuki ,
Translated by Roy West
(Price: 2,000yen / U.S. $19 + shipping charge)

We have finally published our first book in English! Now our theory of state capitalism is available in English to socialists throughout the world. This book exposes the pseudo "socialism" of the Soviet Union and China that was mistaken for the real thing for so long. This book represents an important theoretical pillar for the struggle for real socialism.