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Tienosuke Otani

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Tienosuke Otani
Born 1934
Died 2019
Nationality Japanese
Notable work

A Guide to Marxian Political Economy: What Kind of a Social System Is Capitalism?[1]

Marx’s Theory of Interest-bearing Capital[2]

Tienosuke Otani was a Japanese Marxist and Professor Emeritus at Hosei University. Otani is best known for his contributions to the understanding of Karl Marx's theory of interest bearing capital. Otani believed that the way Engels edited parts of Vol 3 of Capital made it difficult for readers to understand Marx's intent:

"...Engels’ own interpretation ended up creating Part V of his edition, which significantly differs from the characteristic and structure of the fifth chapter originally intended by Marx...I aimed at carefully examining how Engels edited the fifth chapter of Marx’s own manuscript for Volume III, “The Division of Profit into Interest and Profit of Enterprise. Interest-Bearing Capital” and created Part V of the cur-rent Engels’s edition, so that I can reveal Marx’s original structure and content of the chapter, which has become invisible in the Engels’s edition." [3]

References