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36 CAPITAL & CLASS 12 34 M . Gayne, op . , entry for May 19, 1946 . 35 Nippon Times, May 21, 1946 . 36 For the view which looked upon the US occupation forceas `forces of liberation', see Ueda Koichiro, Sengo Nihoni Kakumei Ronso-shi (History of Controversies on the , Postwar Japanese Revolution), Vol . I . 37 `Statement of the CPJ', as cited in Asahi, May 21, 1946 . 38 It is nowadays conventional to denounce the view of the US' forces as a force of liberation as a mistake, and in fact the CPJ has criticised itself to this effect .

There are two different routes by which such regulation might be restored . Either the US could re-establish hegemony despite the contradictions of its position, or the capitalist world could fragment into regional trading blocs (like the EEC) with regulation within them and conflict between them . The new cold war is one element in a strategy to prevent the latter happening . It is both a product of the disintegration, and a means by which a new basis for US hegemony can be created . [4] To support this the 40 CAPITAL & CLASS 12 Soviet threat has been used to try and intimidate the other capitalist powers into accepting US hegemonic regulation .

24 The decision delivered by the Tokyo District Criminal Court on the so-called `signboard incident', as quoted in Shiryo (op . ), pp . 59 and 121 . 25 `Food Crisis and Mass Demonstration', an Asahi editorial, May 19, 1946 . 26 That many city dwellers co-operated spontaneously in demanding increased food rationing and for people's control over food distribution is clearly indicated, for example, by the seizure of ration rice at the Yakuoji Ration Centre, Ushigome-ku, Tokyo, on May 12, 1946 . When 10 local community leaders, including Suzuki Masatoshi, head of the 32nd Town-block Association of Kaga-machi, Ushigome-ku, visited the nearby Yakuoji-machi Ration Centre to negotiate concerning food distribution, `a group of about 100 poor citizens in the neighbourhood' who heard about the negotiations stormed the centre with their ration ticket books in hand .

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Capital & Class. - 1980. - Issue 12 by Conference of Socialist Economists

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