RE: Regulation theory

["Nathan Newman" <nathan.newman@xxxxxxxx>]

Without claiming great expertise and relying on memory of readings from a
number of years ago, Regulation theory refers largely to a framework of
analysis echoing Gramsci's Fordist analysis arguing that late capitalism in
the 1930s entered into a new form of social organization where regulated
macroeconomic policy combined with labor market regulation through unions
and other workplace laws to encourage a high wage/high consumption model of
growth in developed nations.

I am not sure how it relates directly to the origins of capitalism in the
West other than possibly the focus on connecting consumption factors to
workplace and macro econ policy.

-- Nathan Newman

> -----Original Message-----
> From: owner-pen-l@xxxxxxxxxxxxxxxxxxx
> [mailto:owner-pen-l@xxxxxxxxxxxxxxxxxxx]On Behalf Of Louis Proyect
> Sent: Friday, April 28, 2000 11:58 AM
> To: pen-l@xxxxxxxxxxxxxxxxxxx
> Subject: [PEN-L:18408] Regulation theory
>
>
> There's an article in the Braudel Center journal I referred to yesterday
> (in reference to Frank and his critics )dealing with Maori capitalism in
> New Zealand, which is apparently influenced by regulation theory.
> Wallerstein also refers to it in his article as one of among different
> contending interpretations of why capitalism arose in the west.
> (As opposed
> to Marxism, world systems theory and one or two others.) With all the
> brilliant people on PEN-L, can somebody provide a 2 or 3 paragraph
> explanation? I am just not motivated to read a whole book with everything
> else I am involved with right now.
>
> Louis Proyect
>
> (The Marxism mailing list: http://www.marxmail.org)
>