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Capitalism and its future: remarks on regulation, government and governance.

Research output: Contribution to journalJournal article

Published

Journal publication date09/1997
JournalReview of International Political Economy
Journal number3
Volume4
Number of pages21
Pages561-581
Original languageEnglish

Abstract

The article relates capitalism's distinctive dynamic to the nature of the wage relation and self-valorization of capital. Capitalism has no �nal telos:its future remains open in the face of structural changes and social struggles. This source of capitalist dynamism also opens it to external influence. Some key changes in the government and governance of economics and politics are also discussed. These include: the denationalization of statehood, a partial de-statization of politics, and the internationalization of policy regimes. Among counter-trends are the survival of the national state as an instance of meta-governance.

Bibliographic note

The final, definitive version of this article has been published in the Journal, Review of International Political Economy, 4 (3), 1997, © Informa Plc