This timely article builds on the recent discussion of French regulation theory in Capital & Class. Aglietta's seminal work is subject to careful critical scrutiny and is shown to have major historical and theoretical limitations. The author calls for a non-structuralist/functionalist analysis of the present crisis.
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References
1.
Aglietta, Michel (1979) A Theory of Capitalist Regulation. New Left Books, London.
2.
Aglietta, Michel, and Orlean, Andre (1982) La Violence de la Monnaie, PUF, Paris.
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