Postfordism as a dysfunctional accumulation regime: a comparative analysis of the USA, the UK and Germany

  title={Postfordism as a dysfunctional accumulation regime: a comparative analysis of the USA, the UK and Germany},
  author={Matt Vidal},
  journal={Work, Employment \& Society},
  pages={451 - 471}
  • M. Vidal
  • Published 2013
  • Economics
  • Work, Employment & Society
The article seeks to reanimate the early regulation theory project of building Marxist political economy through the development of mid-range institutional theory. The concept of a mode of regulation – central to the Parisian wing of regulation theory – is rejected in favour of a distinction between functional and dysfunctional accumulation regimes. The Fordist regime of accumulation provided a unique institutional context allowing an extraordinary combination of high profits, rising real wages… Expand

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