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Periodizing Capitalism and Capitalist ExtinctionRegulation School, Social Structures of Accumulation, and Intermediate Theory

Periodizing Capitalism and Capitalist Extinction: Regulation School, Social Structures of... [Regulation School and Social Structures of Accumulation periodizations of capitalism switched the course of Marxist theory away from theorizing stages of capitalism based upon a historical teleology. By combining research strategies of systematizing empirical history and elaborating upon a constant of capitalism each approach arrived at the idea of intermediate theory as a “level” of theory mediating between abstract economic theory and historical studies. Intermediate or mid-range theory operates as a form of institutional analysis capturing non-economic supports capital relies upon to avert crises and sustain decades of accumulation. Concern of these theories with factors stabilizing accumulation also brings to bear analysis of crises tendencies of capitalism. Of particular interest in this chapter are debates among Marxist and non-Marxist theories of the specific crises tendencies which led to the demise of the post-WWII golden age of capitalism.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Periodizing Capitalism and Capitalist ExtinctionRegulation School, Social Structures of Accumulation, and Intermediate Theory

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Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s) 2019
ISBN
978-3-030-14389-3
Pages
117 –145
DOI
10.1007/978-3-030-14390-9_5
Publisher site
See Chapter on Publisher Site

Abstract

[Regulation School and Social Structures of Accumulation periodizations of capitalism switched the course of Marxist theory away from theorizing stages of capitalism based upon a historical teleology. By combining research strategies of systematizing empirical history and elaborating upon a constant of capitalism each approach arrived at the idea of intermediate theory as a “level” of theory mediating between abstract economic theory and historical studies. Intermediate or mid-range theory operates as a form of institutional analysis capturing non-economic supports capital relies upon to avert crises and sustain decades of accumulation. Concern of these theories with factors stabilizing accumulation also brings to bear analysis of crises tendencies of capitalism. Of particular interest in this chapter are debates among Marxist and non-Marxist theories of the specific crises tendencies which led to the demise of the post-WWII golden age of capitalism.]

Published: May 16, 2019

Keywords: Intermediate or mid-range theory; Fordism; Post- fordism; Golden age of capitalism; Post-war SSA; Corporate capital; Institutional or structural forms

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