Projects
Forthcoming Book
SPARC is currently writing a book on digital capitalism, drawing on the views and expertise of its various members.


Special Issue
The form of money has been highly variable in history and continues to change drastically. New forms regularly appear, and their path to becoming money in a full sense is uncertain. Cryptocurrencies are a novel form of e-money based on distributed ledger technology and steadily growing in use. They are distinct from credit money but their own “moneyness” remains in doubt. This special issue of The Japanese Political Economy offers a political-economy-based analysis of their prospects.
State of Capitalism Book
The health emergency that broke out in 2020 is a landmark event in the development of capitalism, confirming the underlying change signalled by the Great Crisis of 2007-9. The Pandemic Crisis has catapulted the state to the centre of economic activity. However, a historic impasse is steadily becoming apparent at the core of the world economy

