Capital in Japan: A Critical Examination of Japanese Capitalism

The Japan Foundation Kuala Lumpur, Malaysia Association of Japanese Studies (MAJAS) and the Japan Studies Programme at University of Malaya’s Department of East Asian Studies jointly present a public lecture titled “Capital in Japan: A Critical Examination of Japanese Capitalism” by Dr. Fumitaka Furuoka.

Furuoka is currently a Visiting Senior Research Fellow at the Asia-Europe Institute, a much sought after position he earned after 13 years of service in Malaysian higher education. His work not only covers issues pertinent to his native and adopted countries, but also that of Asia Pacific and Europe. The wide spectrum of subject matters has made him a common fixture in international academic journals. In addition to book collaborations with his former colleagues at Universiti Malaysia Sabah, Furuoka has published two monographs.

Date: 9 March, 2015
Time: 1 p.m. – 3 p.m.
Venue: Auditorium, Department of East Asian Studies, Faculty of Arts & Social Sciences, University of Malaya
Admission: Free

For more info, please contact our Administrative Officers, Mr. Sulatan (ext. 608) and Ms. Amira (ext. 604), at 03 2284 6228 or email

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Summary of the lecture

The talk focuses on the nature and characteristics of Japanese capitalism, particularly on the relationship between labour and capital in the country. In his influential book “Capital in the Twenty-First Century”, Thomas Piketty has highlighted the rising importance of capital in an industrial state. This lecture will seek to answer whether this has been the case in Japan based on data from the national accounts statistics.

Biodata of the Speaker

Fumitaka_um(7)Fumitaka Furuoka is a Visiting Senior Research Fellow at Asia-Europe Institute, University of Malaya (UM). Prior to his current position, he taught economics at Universiti Malaysia Sarawak (UNIMAS) from 1999 to 2003 and Universiti Malaysia Sabah (UMS) from 2003 to 2012. He was also a Senior Assistant at the Consulate-General of Japan in Penang from 1991 to 1999. He is a Life Member of the Malaysian Economic Association. Furuoka is the author of several books and numerous articles on economic development.

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