Introduction

Robert Boyer ()
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Robert Boyer: EHESS, Ecole des Hautes Etudes en Sciences Sociale et Institut des Amériquesstitut des Amériques

Chapter Chapter 1 in Political Economy of Capitalisms, 2022, pp 1-9 from Springer

Abstract: Abstract The failure of new classical macroeconomics to explain contemporary world is up to its adoption of the vision of a static market economy governed by competition among equal individuals. By contrast a capitalist economy puts into motion the interaction between competition among unequal firms and the conflict that opposes capital and labor. The outcome is a relentless accumulation process, alternating boom periods and crisis, as well as recurring incentives to innovate in terms of work, technology and organization. At the macroeconomic level this requires institutions building to tentatively monitor these complex processes. This is the starting point of regulation theory. It proposes a complete set of notions and methods relevant for analyzing long-run transformations of capitalisms and their renewed diversity.

Keywords: Regulation theory; Capitalisms; Karl Polanyi; Karl Marx; Institutional forms (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-3536-7_1

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DOI: 10.1007/978-981-19-3536-7_1

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