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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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MCGnewspaper "UMITSUBAME"
UMITSUBAME No.1429/June.26
"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.1429/June.26, 2022
Pushing arms buildup and the revision of the Constitution on the front
-- The Reactionary Upper House electoral pledge of the Kishida-led Liberal Democratic Party

After the Kishida Administration started, about a half year has passed and now it is conducting the first national election (the Upper House election). And the campaign pledge of the Liberal Democratic Party was announced on June 16. It's pledge pamphlet raises the "diplomacy & security" to the top and proposes "an early realization" of the constitution revision at the same time. It shows clearly that the Kishida Government prioritizes the arms buildup and the revision of the Constitution.
The corruption of the bourgeois parliamentary politics
-- The politics of the opposition parties are also becoming corrupt
Facing the interest differential expansion, the Bank of Japan(BoJ) cannot move at all
-- Non-responsive BoJ against weak yen progress and prices surge
Revealing the failure of the pension system
-- Pension reduction under the price hike


No.1428/June.12, 2022
The grandiose state dole-out policy
-- The cabinet approved "New Capitalism" plan

Just a few days ago (June 7), the Kishida administration approved "The Grand Design and Action Plan" at a cabinet meeting, which is intended to materialize the "New Capitalism" that Kishida has advocated since his run for the LDP presidency. However, the criticism of neo-liberalism and emphasis on distribution that he spoke of during his election campaign have been toned down, and the phrase "to increase in the labor participation rate" issued by the "Headquarters for the Realization of New Capitalism" is no longer included. What does the cabinet decision mean?
Besides, after me, the Deluge
-- The supplementary budget, which neglects financial resources, will increase the defense spending.
Former Prime Minister Suga plans to intervene in education.
-- Plans to give a lecture at a high school just before the Upper House election.
Turning eyes away from the nature of the War in Ukraine
-- A statement of researchers on the russian history


No.1427/May.29, 2022
Struggles for hegemony over the India and Pacific region
-- Biden and Kisida's plot to organize an alliance against China

The U.S. President Biden visited Asia. First, he visited Korea followed by Japan and declared a start of new "Indian Pacific Economy Frame" (IPEF). And then the QUAD Summit meeting was held in Tokyo. Needless to say, a Biden's purpose is to strengthen and expand an encircling net ove China . But, it is not all.
Remove all military bases from Okinawa !
-- Together with a fight for the Kishida Administration sweep by the workers of Okinawa and the mainland Japan
Two countries in North Europe breaking away from neutrality
-- Military pressure against Russia showing stronger
Postponement of difficult problems
-- About the social security reform for all generations type of the Kishida Administration
Self-Defense Forces "vote of thanks" agreement in the Naha-City assembly
-- The Japan Communist Party deceiving by a flippant "reflection"


No.1426/May.15, 2022
Putin is placed in a predicament
-- What Does the Putin's Speech in the May 9 Memorial Victory Day to Germany mean?
How Workers Build Peace?
Appealed at May Day nationwide
-- "You're Right" was a response to the appeal of the Workers' Party of Japan.
The Kishida administration is pushing for military aid, constitutional change, and military expansion.
-- Let's fight against the nationalist agitation by using Ukraine crisis!
The failed Interdimensional Monetary Easing policy
-- Decline in production and rising prices hit workers' livelihoods.


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 !!
"Socialism":
 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.

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