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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!
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MCGnewspaper "UMITSUBAME"
UMITSUBAME No.1513 / Dec./ 28/ 2025
"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.1513 / Dec./ 28/ 2025 
Even with interest rate hikes, the yen continues to weak.
--- And high prices will not subside anytime soon.

 On the 18th and 19th of this month, the Bank of Japan held a monetary policy meeting and raised the policy interest rate from 0.5% to 0.75%.
 The prime minister, Takaichi strongly warned the Bank of Japan during the Liberal Democratic Party leadership race, saying, 'Raising interest rates now is foolish,' but eventually accepted rate hikes, unable to stand by as the yen weakened and prices soared.
 However, the yen's depreciation has not eased even with the Bank of Japan's interest rate hike.

 The Liberal Democratic Party planned a coalition with the Democratic Party for the People.
--- And reached an agreement on the annual income wall of 1.78 million yen.

 The Issue 64 of 'Prometheus,' has been published.
--- Featuring a critique of populism and Karatani's theory.

 The Takaichi's inconvenient remark: 'A crisis in Taiwan (due to China's military actions), it will become a crisis for Japan.'
--- The idea that 'the world is divided and ruled' is nothing but an illusion, and the relationship between China and the United States is like enemies on the same boat.


No.1512 / Dec./ 14/ 2025
 The Takaichi administration stirs illusions of a 'strong economy'
--- That's a petty trick far from any kind of extended reproduction.

 On November 28, the Takaichi administration approved a supplementary budget proposal (totaling 18.3 trillion yen) at a cabinet meeting.
 Including funding for 'economic measures,' spreading the illusion that this policy will create a 'strong economy,' promote economic growth, increase corporate profits, boost tax revenues, and improve the fiscal foundation.

 The Zohran Mamdani craze is sweeping through New York City.
--- Mamdani captured the hearts of the working masses.

 The Takaichi government crosses the line.
--- Delighting the military industry.

 The Trump Administration's 'National Security.
--- Strategy' Advocating 'America First'.


No.1511 / Nov./ 23/ 2025
 We firmly condemn Sanae Takaichi's provocations against China!
--- She stated that a 'Taiwan contingency' is a 'contingency for Japan'.

 On November 7, Prime Minister Takaichi stated at the House of Representatives Budget Committee that a 'contingency in Taiwan,' specifically naming China, would be related to a 'crisis concerning Japan’s existence.
 ‘This is the first time that Takaichi has explicitly named China in an official setting and stated that a 'Taiwan contingency' would be 'a Japanese contingency,' and it is a dangerous remark that could provoke war.

 The Takaichi administration is pushing measures to relax overtime restriction.
--- And strengthen exploitative labor.

 Prime Minister Takaichi downplays the government's debt.
--- Adding fuel to the fire.

 A radical leftist Zohran Mamdani has just become the mayor in New York.
--- President Trump is getting cornered.


No.1510 / Nov./ 9/ 2025
 The reactionary Takaichi administration has begun!
--- The goal of a strong economy is also military power to protect national interests.

 On October 21, the Takaichi-led LDP-Ishin government took office.
 On the 24th, Takaichi delivered a policy speech, met with Trump for a summit on the 28th, and then gave a speech to the U.S. military with Trump on an American aircraft carrier in Yokosuka.
 We will expose the reactionary Takaichi administration that has become apparent in the meantime.

Noda, the head of the Constitutional Democratic Party, accepted the Security Legislation
-- and shifted to a 'pragmatic course' that is hostile to workers.

 Takaichi's argument for 'active fiscal policy' is picking up the broken 'reflation theory'.

 In Memory of Comrade Masaki Kumagai

 Ishin and the Liberal Democratic Party Reached Agreement on 'Policy Accord'.
--- Workers should crush both parties’ strategy to reduce parliamentarians.


No.1509 / Oct./ 26 / 2025
 The far-right Takaichi-LDP and Ishin reactionary government has just started.
--- It is a reactionary government set free.

 On the 21st, the coalition government of the Liberal Democratic Party (LDP) led by Sanae Takaichi and the Japan Innovation Party (JIP)was formed. 
 Although the JIP will cooperate from outside the cabinet without sending ministers, the LDP and the JIP, which share the same national vision, are alike. 
 The bills and policies to be submitted in near future are likely to be a list of unacceptable measures that are reactionary and impose burdens and sacrifices on workers. For Takaichi, who 'sealed' her own views during the party leadership election, the Innovation Party is the best partner to implement her policies. 

 The suspicion surrounding the Constitutional Democratic Party's attempt at an opposition coalition。
---  In the end, they work hard for Japanese capitalism. 

 Are Non-Regular Workers a New Working Class? 
--- Kenji Hashimoto's 'Underclass' Theory. 

 False Hamas-Israel ceasefire agreement. 
--- Israel must withdraw and stop the massacre in Gaza! 


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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