Re: RE: Regulation theory

[Rod Hay <rodhay@xxxxxxxxxx>]

My understanding of the regulation theorists, is that they attempt to provide a
middle level analysis, somewhere between the level of the system, (capitalism)
and the individual. They focus on the types of institutions that actually
enforce capitalism. These they claim have a history that can be recognized and
described. That the history of capitalism can be periodized according the
changing types of insitutions that regulate it.

Rod

Nathan Newman wrote:

> 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)
> >

--
Rod Hay
rodhay@xxxxxxxxxx
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