Political Economy of Capitalisms

This book is the English language translation of the French publication E conomie Politique des Capitalismes. Research in this book presents institutional and historical macroeconomics, through an analysis of wage-labour nexus, innovation systems, monetary and financial systems, integration into the world economy, formation of economic policy configurations, and the history of economic theories.

In doing so, the book addresses how and why economic regularities change in long run, and why do macroeconomic adjustments differ across countries within the same historical period. It shows how institutional changes that have occurred since the 1970s and the research on the transformation of the American and French capitalism, have led to the emergence of a research agenda, known as Régulation Theory.

Readers would understand the permanent transformations of capitalism and its crises, given the book's inclusion of long-term historical studies, systematic international comparisons for the contemporary period, and the exploration of the institutional and social foundations of microeconomics which has led to the evolution of various brands of capitalism.

This translated work includes a Foreword by Associate Professor Elsa Lafaye de Micheaux and Professor Thomas Lamarche.

Introduction. - Part One: The Basics. - Chapter 2: The institutional forms on which a capitalist economy is based. - Chapter 3: From the iron laws of capitalism to the successive regulation modes. - Chapter 4: Accumulation regimes and their historical evolution. - Chapter 5: A theory of the crisis. - Part Two: Developments. - Chapter 6: The logic of action, organizations and institutions. - Chapter 7: The new institutional arrangements of contemporary capitalism. - Chapter 8: Politics and economics: the political economy of the modern world. - Chapter 9: Diversity and renewal of the different forms of capitalism. - Chapter 10: The levels of regulation national, regional, supranational and global. - Chapter 11: From one regulation mode to another. - Conclusion: Analyzing and understanding the new shift in the history of capitalism.