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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.1474/ May./ 12/ 2024 
"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.1474/ May./ 12 / 2024 
 The plutocratic Kishida administration lost all three by-elections.
--- The Constitution Democratic Party of Japan(CDP) fails to win votes critical of Kishida.

 In the House of Representatives by-election held on April 28, the Liberal Democratic Party (LDP) was defeated, and the Constitutional Democratic Party of Japan (CDP) won the election.
 The Kishida administration, which exposed corrupt politics in the backroom money scandal, was dismissed.
 Can it be said that the victorious CDP has won the support of the working masses? That's the question.

 No ban on political fundraising parties or corporate donations.
--- ・Self-interested LDP、Original Proposal for Amendment to the Regulation Law.

 Cornered and intervening in the exchange rate.
--- The government is unable to overcome the yen's depreciation、the economy remains at a standstill.

 The “Red Witch-Hunting” is back in the U.S. Congress.
--- ・Biden cracks down on student movement as 'anti-Semitism'.


No.1473/ Apr./ 28/ 2024 

 Japan-U.S. summit meeting・A major shift in the Japan-US security alliance
---  They trumpeted the relationship between Japan and the United States as a global collaboration.

 On April 11, Prime Minister Kishida and President Biden issued a joint statement after their meeting in Washington.
 The statement positioned the relationship between Japan and the United States as a "global partnership" that works together on a global scale.
 The expansion and deepening'' of the Japan-centered regional alliance to a global alliance means a major change in the Japan-U.S. security alliance and indicates the further reactionary nature of imperialist Japan.

 Israel expands its front
--- Workers support building a Palestinian national state.

 “Hiroyoshi Hayashi’s Posthumous Manuscripts Volume 1” has been published.
--- Impressed by his foresight and theoretical depth.

 Communist Party degenerated into a bourgeois party
--- Holding illusions about ASEAN and proposing peacebuilding.


No.1472/ Apr./ 14/ 2024 

 Aiming to end the pursuit of slush fands
--- Dispositions to extend the life of the Liberal Democratic Party government

 On April 4th, Kishida's Liberal Democratic Party (LDP) punished several members getting the party's slush fund scandal over the political party slush fund scandal.
 However, even though no progress has been made in clarifying the persons who started the slush funds and what they were used for, the decision to dispose of them is haphazard totally.
 This case exposes the Kishida LDP's intention to conceal the truth and end the slush fund issue with superficial punishment, to prolong the life of the government.

 Kishida administration aims to counter declining birthrate by increasing burden on workers
--- Workers' difficulties such as non-regular work are left unaddressed.

 Is it a transition from “another dimension” to “normal one”?
--- The Bank of Japan's monetary policy remains unchanged.

 “Intelligence and conspiracy state” Russia’s darkness
--- Shooting incident at a concert venue on the outskirts of Moscow


No.1471 / Mar./ 24 / 2024 
 What comes after the "full answer" of the battle less annual spring laborer offensive?
--- Let's fight back against the intensification of capital exploitation!

 On March 15, Japanese Trade Union Confederation (JTUC) revealed that the first batch of responses to the Spring Labor Negotiations resulted in an average wage increase of 5.25%. For the first time in 33 years, JTUC announced that wage increases exceeded 5%.
 However, the initial responses were mainly from large companies that had "full responses" and "highest level responses" on paper, and responses to small and medium-sized labor unions were still a long way off.
 Furthermore, the wage increases for the 83.7% of workers who are not organized by a union depends on the president's "intension".

 The reopened Trump Theater of the Shameful US Republican Party
--- The world squares off for the division and the retaliation.

 The Taiwan's presidential election rejected the China's pressure for 'unification'
--- The challenge for the Taiwanese workers is to build a struggle against the ruling class.

 A sense of crisis about the Japan capitalism has become apparent
--- "The Mutual Aid Capitalism Model" of the Association of Corporate Executives'


No.1470/ Mar./ 10 / 2024 
 The Political Ethics Review Board where the cover-up of corruption was exposed.
--- Let's overthrow the corrupt Kishida government by mass action!

 In the wake of the LDP faction's backroom bribery scandal, the House of Representatives held a Political Ethics Review Board. On February 29,Prime Minister Kishida and Secretary-General Takeda of the Nikai faction attended the meeting.
 On March 1, former METI Minister Nishimura, former Chief Cabinet Secretary Matsuno, former Education Minister Shiotani, and former Diet Committee Chairman Takagi, all of whom are senior members of the Abe faction, attended the meeting.
 They only repeated their previous explanations and could not defend their innocence. They exposed their corrupt figures, immersed in money, and lies, to the full sun.

 Amendment of party rules to cover up corruption in the LDP.
--- Liberal Democratic Party's Congress Covering Up Plutocratic Corruption.

 Biden is as national particularistic as Trump.
--- Biden's State of the Union Address.

 High unemployment rate among China's youth.
--- The National People's Congress did not acknowledge the seriousness of the situation.


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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