The general notion of ‘restructuring’ in capitalist crises is often put forward by Marxists. But what changes in structure actually take place? How rapid are they? And in what circumstances can they prepare the way for renewed economic expansion? Taking the example of West European industry this article looks at some recent views of the restructuring process and surveys some of the economic trends which are important for the overall pattern of change.
Get full access to this article
View all access options for this article.
References
1.
Aglietta, M., (1979), A Theory of Capitalist Regulation: The us Experience, London, (New Left Books).
2.
Boyer, R. and Petit, P., (1981), Employment and productivity in the EEC, Cambridge Journal of Economics, 6, 1, March.
3.
CEPG (1981), The European Community: problems and prospects, Economic Policy Review, 7, 2, December.
4.
Droucopoulos, V., (1977), West German expansionism, New Left Review, 105, September/October.
5.
EC Commission, (1979), Changes in industrial structure in the European economies since the oil crisis, European Economy, special issue.
6.
EC Commission, (1980), Community _ Third World: The Challenge of Interdependence, Brussels.
7.
Fine, B. and Harris, L., (1976), The debate on state expenditure, New Left Review, 98, July/August.
8.
Frank, A.G., (1981), Reflections on the World Economic Crisis, London, (Hutchinson).
9.
Fröbel, F., Heinrichs, J. and Kreye, O., (1980), The New International Division of Labour, (CambridgeUP).
10.
Gillies, G., (1982), The new international division of labour and developments in world trade and international production, mimeo, London, Polytechnic of the South Bank.
11.
Haberler, G., (1952), Prosperity and Depression, third edition, London, (Allen and Unwin).
12.
Hill, T.P., (1979), Profits and Rates of Return, Paris, OECD.
13.
Hirsch, J., (1980), Developments in the political system of West Germany since 1945 in Scase, R. (ed.), The State in Western Europe, London, (Groom Helm).
14.
Hudson, M., (1982), West German foreign investment since 1960: tables and notes, mimeo, University of Leeds.
15.
Itoh, M., (1980), Value and Crisis, London, (Pluto Press).
16.
Kindleberger, C.P., (1967), Europe's Postwar Growth, The Role of Labour Supply, Cambridge, Mass., (Harvard UP).
17.
Lindbeck, A., (1975), Swedish Economy Policy, London, (Macmillan).
18.
Minnerup, G., (1976), West Germany since the War, New Left Review, 99, September/October.
19.
Parboni, R., (1981), The Dollar and its Rivals, London, (New Left Books).
20.
Singh, A., (1977), UK industry and the world economy, Cambridge Journal of Economics, 1, 2, June.
21.
Steindl, J., (1952), Maturity and Stagnation in American Capitalism, New edition, London, (Monthly Review Press), 1976.
22.
United Nations, (1980), Economic Survey of Europe, New York.
23.
Wolf, M.H., (1982), The EEC and trade policy. Paper presented to the British Association, September.
24.
Wright, A., (1977), The Spanish Economy 1959–76, London, (Macmillan).
