By Bob Jessop

This e-book provides a close and demanding account of the rules procedure in institutional and evolutionary economics. delivering either a theoretical observation and quite a number empirical examples, it identifies the successes and screw ups of the rules method as an explanatory conception, and proposes new directions for its extra improvement. even supposing heavily pointed out with heterodox French economists, there are numerous faculties of law concept and the strategy has additionally been associated with many themes around the social sciences. Bob Jessop and Ngai-Ling Sum offer distinct criticisms of some of the colleges of the law strategy and their empirical software, and feature constructed new methods of integrating it right into a extra basic severe exploration of latest capitalism. The authors move directly to describe how the legislation method should be additional built as a innovative study paradigm in political economic climate. additionally offered is an in depth philosophical in addition to theoretical critique of the rules strategy and its implications for the philosophy of social sciences and questions of historic research (especially periodization). Addressing the consequences of the legislation process for either the capitalist economic system and the altering function of the kingdom and governance, this ebook should be of significant curiosity to a wide-ranging viewers, together with institutional and evolutionary economists, fiscal and political sociologists and social and political theorists.

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Extra info for Beyond The Regulation Approach: Putting Capitalist Economies In Their Place

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Hübner 1989: 57–8). Fourth, this said, Boccara did develop a distinctive regulation approach firmly grounded in all three volumes of Marx’s Capital. This approach accounts for the structural changes and structural crises of the capitalist system, relating them to its normal functioning (regulated en passant through prices of production) and to its fluctuations over long periods [cf. Kondratieff waves], linked Jessop 01 intro 32 25/1/06 16:19:23 Early regulation approaches in retrospect and prospect 33 in turn to the specifically capitalist type of progression of the productivity of total labour [that is to say, the replacement of living by dead labour] and to an analysis of the role of the rate of profit in regulating the overaccumulation–devalorization of capital.

Some commentators have recently identified a distinctive British school in human geography, sometimes called the Manchester School by analogy with the California School, which is briefly discussed in Chapter 7]. Despite its use of geographical terms to name the schools, this typology is actually based on their distinctive concepts and concerns rather than their ‘home bases’. Each school has won adherents in other places, because there are reciprocal, if asymmetrical, influences among them, and because they have some common concerns.

In short, the Parisians criticized the Althusserian view that structures somehow maintain themselves quasi-automatically, independently of effective social agency, and with no significant transformations. , 1977, vol. 1: 5; Lipietz 1977; but see also Balibar 1974 and Althusser 1995). They asked how capitalism could survive even though the capital relation itself inevitably produced antagonisms, contradictions and crises – all of which made continuing accumulation improbable and generated major ruptures and structural shifts as capital developed (Aglietta 1974, 1976, 1979; Lipietz 1977, 1979).

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