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Beyond the Regulation Approach - Putting Capitalist Economies in their Place (Paperback, New edition)
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Beyond the Regulation Approach - Putting Capitalist Economies in their Place (Paperback, New edition)
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This book presents a detailed and critical account of the
regulation approach in institutional and evolutionary economics.
Offering both a theoretical commentary and a range of empirical
examples, it identifies the successes and failures of the
regulation approach as an explanatory theory, and proposes new
guidelines for its further development. Although closely identified
with heterodox French economists, there are several schools of
regulation theory and the approach has also been linked to many
topics across the social sciences. Bob Jessop and Ngai-Ling Sum
provide detailed criticisms of the various schools of the
regulation approach and their empirical application, and have
developed new ways of integrating it into a more general critical
exploration of contemporary capitalism. The authors go on to
describe how the regulation approach can be further developed as a
progressive research paradigm in political economy. Also presented
is a detailed philosophical as well as theoretical critique of the
regulation approach and its implications for the philosophy of
social sciences and questions of historical analysis (especially
periodization). Addressing the implications of the regulation
approach for both the capitalist economy and the changing role of
the state and governance, this book will be of great interest to a
wide-ranging audience, including institutional and evolutionary
economists, economic and political sociologists and social and
political theorists.
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