Minsky’s Analysis of Capitalist Development

Samba Diop

Post-Print from HAL

Abstract: Beginning in the mid-'80s, well after he brought his famous financial instability hypothesis to maturity, Hyman P. Minsky analyzed the evolution of capitalism. This paper proposes a critical reading of this analysis, focusing on the institutional dimension of Minsky's research. From my point of view, if Minsky's analysis constitutes more a history of capitalism than a theory of capitalism, this is because of the weak conceptualization of institutions and the absence of a genuine analysis of institutional change. From this perspective, I believe it necessary to clarify and complete Minsky's institutional analysis. Only by doing so can we take full measure of Minsky's research on the evolution of capitalism and identify all the repercussions for an analysis of the instability and resilience of the current stage of capitalism.

Date: 2016-05
References: Add references at CitEc
Citations:

Published in Review of Radical Political Economics, 2016, 48 (2), pp.201-216. ⟨10.1177/0486613415591808⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03688641

DOI: 10.1177/0486613415591808

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().