Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Revisiting the regulation approach
T2 - critical reflections on the contradictions, dilemmas, fixes, and crisis dynamics of growth regimes
AU - Jessop, Bob
PY - 2013/2
Y1 - 2013/2
N2 - Capitalist growth regimes are analysed drawing on Marx’s insights into capital’s fundamental contradictions, regulationist arguments about the five basic structural forms of accumulation regimes and their modes of regulation, historical geographical materialism’s emphasis on spatio-temporal fixes, and state-theoretical accounts of government and governance. This framework is applied to four growth regimes: Atlantic Fordism, the knowledge-based economy, finance-dominated capitalism, and a 'no-growth' alternative. The article highlights the crisis-tendencies of the first three and assesses whether the Green New Deal can provide an eco-social exit from crisis and/or is vulnerable to capture by the same forces that brought us finance-dominated accumulation.
AB - Capitalist growth regimes are analysed drawing on Marx’s insights into capital’s fundamental contradictions, regulationist arguments about the five basic structural forms of accumulation regimes and their modes of regulation, historical geographical materialism’s emphasis on spatio-temporal fixes, and state-theoretical accounts of government and governance. This framework is applied to four growth regimes: Atlantic Fordism, the knowledge-based economy, finance-dominated capitalism, and a 'no-growth' alternative. The article highlights the crisis-tendencies of the first three and assesses whether the Green New Deal can provide an eco-social exit from crisis and/or is vulnerable to capture by the same forces that brought us finance-dominated accumulation.
KW - regulation approach
KW - Fordism
KW - Knowledge-based economy
KW - contradiction
KW - finance-dominated accumulation
KW - no-growth economy
KW - economic imaginary
KW - Marxism
KW - capitalism
U2 - 10.1177/0309816812472968
DO - 10.1177/0309816812472968
M3 - Journal article
VL - 37
SP - 5
EP - 24
JO - Capital and Class
JF - Capital and Class
SN - 0309-8168
IS - 1
ER -