Platform economy as a new form of capitalism: a Régulationist research programme

Matthieu Montalban, Vincent Frigant and Bernard Jullien
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Bernard Jullien: GREThA - Groupe de Recherche en Economie Théorique et Appliquée - UB - Université de Bordeaux - CNRS - Centre National de la Recherche Scientifique

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Abstract: The terms ‘platform economy' or ‘sharing economy' have become widespread with the development of digital platforms like Uber. This economy is transforming capitalism and raising important questions about its nature. Is it a new process of embeddedness or is it the next step for deregulation following the crisis of the financialised regime of accumulation (RA)? Is it a possible new Growth Regime? Using the approach of the French Régulation school of thought, we describe the nature and transformations of the form of competition inherent in platforms. Although this may favour some forms of re-embeddedness, we show that it will accelerate some of the trends and characteristics of the institutional forms of the financialised RA and that it is an endogenous product of its crisis. This raises further questions and uncertainties related to the ability of platforms to generate stable long run growth due to the dysfunctionality of the mode of régulation and the conflicts it could generate.

Date: 2019-05-14
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Citations: View citations in EconPapers (12)

Published in Cambridge Journal of Economics, 2019, 43 (4), pp.805-824. ⟨10.1093/cje/bez017⟩

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Related works:
Journal Article: Platform economy as a new form of capitalism: a Régulationist research programme (2019)
Working Paper: The Platform economy as a new form of capitalism. A Regulationistresearch program (2018)
Working Paper: Platform economy as a new form of capitalism. A Regulationist research program (2018)
Working Paper: Platform economy as a new form of capitalism. A Régulationist research program (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02293370

DOI: 10.1093/cje/bez017

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