Accumulation Regimes and Historical Dynamics

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

Chapter Chapter 4 in Political Economy of Capitalisms, 2022, pp 57-79 from Springer

Abstract: Abstract Given the diversity of institutional architectures the reproduction schemes of Marx have to be replaced by accumulation regimes indexed upon any specific set of institutional forms. They aim to capture the medium–long-term properties of economic dynamics, as a complement to the short period adjustments typical of regulation modes. At least four accumulation regimes are diagnosed. Among them Fordism was built upon the synchronization of mass production and mass consumption allowed by a genuine capital/labor basic compromise. A general formalization of accumulation regimes shows how specific Fordism has been. It can be confronted with historical trajectories of the United States and France.

Keywords: Accumulation regimes; Development modes; Macro modeling; Fordism; Periodization of accumulation regimes (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_4

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DOI: 10.1007/978-981-19-3536-7_4

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