Behind the Crisis: The Exhaustion of a Regime of Accumulation. A "regulation school" perspective on some French empirical works

Alain Lipietz
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Alain Lipietz: C.E.P.R.E.M.A.P., 140, rue du Chevaleret, 75013 Paris.

Review of Radical Political Economics, 1986, vol. 18, issue 1-2, 13-32

Abstract: The theory of a fall in the rate of profit due to a rise in the organic composition of capital has been too quickly discarded in recent years. A mathematical theorem shows that this phenomenon is viable under a "monopoly regulation." Data suggest that both a rise in organic composition and a "productivity-pull profit squeeze" could be at the root of the present crisis.

Date: 1986
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