Regimes of Accumulation, Microeconomies and Hegemonic Politics

This article criticises abstract economic theories of capital accumulation and discusses their irrelevance as concerns micro-economies. It argues that the problematic of regulation theory needs to be extended so that it covers the domain of analyses of size related problems of accumulation and strat...

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Bibliographic Details
Published in:Capital & Class
Main Author: Jonsson, Ivar
Format: Article in Journal/Newspaper
Language:English
Published: SAGE Publications 1993
Subjects:
Online Access:http://dx.doi.org/10.1177/030981689305000104
http://journals.sagepub.com/doi/pdf/10.1177/030981689305000104
Description
Summary:This article criticises abstract economic theories of capital accumulation and discusses their irrelevance as concerns micro-economies. It argues that the problematic of regulation theory needs to be extended so that it covers the domain of analyses of size related problems of accumulation and strategic analyses of hegemonic politics. The author develops a model of size related problems of accumulation and an institutionalist model of hegemonic politics that transcend the theories of the regulation school as concerns regimes of accumulation. Finally, he offers an analysis of the case of Iceland as an example of a regime of accumulation in a microeconomy.