Political economy of capitalisms / / Robert Boyer

• Autore: Boyer Robert
• Pubblicazione: Singapore : , : Palgrave Macmillan, , [2022]; ©2022
• Descrizione fisica: 1 online resource (435 pages)
• Disciplina: 330.122
• Soggetto topico: Capitalism; Industrial policy; Trade regulation
• Nota di contenuto: Intro -- Foreword -- An Introduction to the Political Economy of Capitalism -- Robert Boyer, an Old-Style Economist Producing New Ideas -- Regulation Theory, a Practical Method to Examine the Different Forms of Capitalism -- Widespread Distribution of an Adaptable Analytical Framework: Diversity of Regional and Historical Configurations -- Preface to the English Edition -- A Reassessment of the Globalization Process -- Revisiting the Long-Run History of Pandemics -- A New Transnational Platform Capitalism -- The Intricacy of Economic and Political Powers -- Political Representations Matter: Populism at Work -- From Complementarity to Systemic Rivalry: The United States and China -- The Crossover Between European and Asian Integrations -- Ecology Between Conflicting Time Horizons and the Dilemma of Global Commons -- Dedication and Acknowledgments -- Contents -- List of Figures -- List of Tables -- 1 Introduction -- 1.1 The New Classical Macroeconomics Has Failed -- 1.2 The Concept of Capitalism is Back -- 1.3 Combining Marxist Approach and Annales Historical School -- 1.3.1 The Seven Questions of Regulation Theory -- 1.3.2 The Fundamental Principles of the Theory -- 1.4 Developments in Response to the Second 'Great Transformation' -- 1.5 The Uncertain Restructuring of Capitalism -- 1.6 The Challenging Issue of Institutional Emergence -- References -- Part I The Basics -- 2 The Institutional Forms on Which a Capitalist Economy is Based -- 2.1 Back to Political Economy -- 2.1.1 From Thomas Hobbes to Adam Smith -- 2.1.2 Methodological Individualism Against the Invisible Hand -- 2.2 The Hidden Institutions of a Market Economy -- 2.2.1 The Monetary Regime, the Basic Primary Institution -- 2.2.2 The Market is a Social Construct -- 2.2.3 The Diversity of Forms of Competition -- 2.2.4 From Labor Demand to the Wage-labor Nexus. ; 2.2.5 From the Producer to the Firm Seen as an Organization -- 2.3 The Central Question of Regulation Theory -- 2.4 The State-economy Relationship -- 2.4.1 The Choice of a Monetary Regime is Political -- 2.4.2 No Fair Competition Without Public Intervention -- 2.4.3 Wage-Labor Nexus and Citizenship -- 2.4.4 A State Subjected to Contradictory Forms of Logic -- 2.4.5 A Nation-State as Part of the World Economy -- 2.5 Conclusion: The Five Institutional Forms -- References -- 3 From the Iron Laws of Capitalism to the Successive Regulation Modes -- 3.1 A Critical Reading of Marxist Orthodoxy -- 3.1.1 Specifying the Form of Social Relations -- 3.1.2 Changes Within the Social Relations Themselves -- 3.1.3 No Grandiose Dynamics of the Capitalist Production Mode -- 3.1.4 The State is the Vector of Institutional Compromises and not just the Agent of Capital -- 3.1.5 Every Crisis is Different -- 3.2 Building of Intermediate Concepts: Institutional Forms -- 3.2.1 Regulation is Inherently Problematical -- 3.2.2 How Do Regulation Modes Finally Emerge? -- 3.3 Contrasting Regulation Modes Over the Centuries -- 3.3.1 An Old Style of Regulation up to the End of the Eighteenth Century -- 3.3.2 The Competitive Regulation Typical in the Nineteenth Century -- 3.3.3 Change Over a Long Period: The Interwars Period -- 3.3.4 Monopolistic Regulation: The Golden Age -- 3.4 Contemporary Regulation Modes -- 3.4.1 The Intensification of Competition, Including at the International Level -- 3.4.2 A Regulation Mode Dominated by Services? -- 3.4.3 A Financialized Regulation Mode -- 3.5 Conclusion: Equilibrium, Disequilibrium… Regulation -- References -- 4 Accumulation Regimes and Historical Dynamics -- 4.1 From Reproduction Schemes to Accumulation Regimes -- 4.1.1 Origin and Meaning -- 4.1.2 A Succession of Accumulation Regimes -- 4.2 Characterizing Modes of Development. ; 4.2.1 Extensive Accumulation and Competitive Regulation -- 4.2.2 Intensive Accumulation Without Mass Consumption -- 4.2.3 Intensive Accumulation with Mass Consumption -- 4.2.4 Extensive Accumulation with Increased Inequality -- 4.3 Formalizing Fordism in Order to Study Its Viability and Crises -- 4.3.1 The Key Sequences -- 4.3.2 The Basic Equations -- 4.3.3 The Three Conditions of Viability -- 4.3.4 The Sources of Crisis -- 4.4 A General Model Including Several Regimes -- 4.4.1 Reintroducing Factors of Competition -- 4.4.2 A Multiplicity of Productivity and Demand Regimes -- 4.4.3 Another Look at Periodization -- 4.5 Conclusion: The Concept of Fordism is Important but not the Only One -- References -- 5 A Theory of Crises -- 5.1 The Growth-Crisis Dialectic -- 5.1.1 The General Conception -- 5.1.2 A Whole Range of Crises -- 5.1.3 Guidelines for Understanding the History of the Crisis -- 5.2 The Endogenous Decline of a Development Model -- 5.2.1 The Crisis of Fordism -- 5.2.2 A Formalization of Endometabolism -- 5.2.3 A General Characteristic -- 5.3 Accumulation Tends to Go Beyond the Area of Regulation -- 5.3.1 From the Very Beginnings of Capitalism -- 5.3.2 Fordism Destabilized by Internationalization -- 5.3.3 Dependent Economies: The Crisis of Export-Led Development Modes -- 5.4 Financial Liberalization Destabilizes Accumulation Regimes -- 5.4.1 The Contours of a Finance-Led Accumulation Regime -- 5.4.2 A Regime Which Can Be Viable but Instable in the Long Run -- 5.4.3 Finance, a Factor of the Propagation of Crises -- 5.4.4 The Incoherence of an Accumulation Regime, Temporarily Hidden by the Plasticity of Globalized Finance -- 5.5 Conclusion. The Recurrence of Crises and Their Changing Forms -- References -- Part II Developments -- 6 The Logic of Action, Organizations and Institutions -- 6.1 Rationality is Always Related to a Context. ; 6.1.1 The Many Different Objectives of Firms -- 6.1.2 Individual Rationality Has as Many Forms as There Are Institutional Contexts -- 6.2 Markets as Social Constructs -- 6.2.1 The Most Complex Form of Coordination -- 6.2.2 The Challenge of Digitalization -- 6.3 Institutional Forms as a Set of Institutional Arrangements -- 6.3.1 Interest Versus Obligation, Horizontality Versus Verticality -- 6.3.2 Institutional Economics: The Necessity of a Taxonomy -- 6.3.3 The Wage-Labor Nexus-An Institutional Form that Combines Contrasting Principles of Coordination -- 6.3.4 The Financial Market System: The Illusion of Self-Organization -- 6.4 Organization and Institution: From Isomorphism to Hierarchy -- 6.4.1 The Theory of the Variety of Capitalism: Firms Shape Their Own Institutional Environment -- 6.4.2 The Theory of Regulation: Institutions Shape Organizations -- 6.4.3 The Productive Model as a Bridge Between Micro and Macro -- 6.5 The Institutional Basis of Realistic Microeconomics -- 6.5.1 Institutional Forms Shape Behavior -- 6.5.2 The Discordance Between the Time Frames of Institutional Forms Stimulates Both Economic Dynamics and Crisis -- 6.5.3 Long-Term Transformations-Back to Polanyi -- 6.6 Conclusion: Institutions as an Essential Link Between Macro and Micro -- References -- 7 The New Institutional Arrangements of Contemporary Capitalism -- 7.1 Variety of Productive Models, Diversity of Forms of Capitalism -- 7.1.1 Ensuring that Management Tools Are in Coherence with Institutional Arrangements -- 7.1.2 A Significant Variety in Time and Space -- 7.1.3 Heterogeneity of Productive Models in the Same Country -- 7.2 Sectoral and Local Institutional Devices -- 7.2.1 The Example of the Wine Industry -- 7.2.2 Recognizing the Heterogeneity of Sectoral Configurations -- 7.3 The Social Innovation System (SIS). ; 7.3.1 Capitalism is About Innovation and Hybridization, not About Repetition -- 7.3.2 A Broad Conception of Innovation: Organizations and Institutions, Finance and State -- 7.3.3 The Level of Social Systems of Innovation is an Empirical Issue -- 7.3.4 The Diversity of Innovation Systems is Indicative of Complementarity at National Level -- 7.3.5 The Coexistence and Complementarity of NISs -- 7.4 The Skill Regime: Between the Wage-labor Nexus and the Education System -- 7.4.1 From the Societal Effect to the Skill Regime -- 7.4.2 Skill Distribution Contributes to Shaping Innovation Patterns -- 7.4.3 The Divergence Between the German and the French Trajectories -- 7.5 National Welfare Systems -- 7.5.1 The Outcome of the Interaction Between Three Logics -- 7.5.2 Widely Differing Configurations -- 7.5.3 Welfare as a Means of Correcting Disequilibrium of Accumulation -- 7.5.4 The Social Democratic Economies as Welfare Capitalism -- 7.5.5 Why Are Social Democratic Regimes so Resilient -- 7.5.6 Market Competition, an Uncommon and Expensive Form of Welfare -- 7.6 Inequality Regimes and Development Modes -- 7.6.1 Competing Theories -- 7.6.2 The Processes by Which Inequality is Engendered and Reinforced -- 7.6.3 Mixing These Processes Within Each Socioeconomic Regime -- 7.7 Environment Institutional Devices -- 7.7.1 A Theoretical Challenge -- 7.7.2 A Sixth Institutional Form or a Series of Institutional Devices? -- 7.7.3 Dependency on the Type of Capitalism -- 7.7.4 Temporality Conflicts, Threshold Effects and Irreversibility -- 7.7.5 Toward the Reversal of the Hierarchy Between the Economy and the Environment? -- 7.8 Conclusion: As Different Forms of Capitalism Evolve, Institutional Arrangements Become More Complex -- References -- 8 Politics and Economics: The Political Economy of the Modern World -- 8.1 Public Intervention According to Economic Analysis. ; 8.1.1 Contemporary Conceptions of Economic Policy.
• Titolo autorizzato: Political Economy of Capitalisms
• ISBN: 981-19-3536-X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910591035003321
• Lo trovi qui: Univ. Federico II