A New Neoliberal Social Structure of Accumulation for Sustainable Global Growth and Development?

Phillip Anthony O’Hara

Chapter 5 in Alternative Theories of the State, 2006, pp 91-112 from Palgrave Macmillan

Abstract: Abstract According to adherents of the social structure of accumulation (SSA) view, Western nations experienced a long-wave upswing in the 1950s and 1960s. Deep recessions and major financial crises were absent, and growth was quite strong for the two or three decades after World War II. These results were thought to be the result of a number of social institutional structures, including a capital-labor accord, a system of US hegemony, reduced inter-capitalist rivalry, and the Keynesian welfare state.

Keywords: Monetary Policy; Stock Return; Government Spending; Public Capital; Deep Recession (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37279-5_5

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DOI: 10.1057/9780230372795_5

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