Regimes of differential accumulation: mergers, stagflation and the logic of globalization

@article{Nitzan2001RegimesOD,
  title={Regimes of differential accumulation: mergers, stagflation and the logic of globalization},
  author={Jonathan Nitzan},
  journal={Review of International Political Economy},
  year={2001},
  volume={8},
  pages={226 - 274}
}
  • Jonathan Nitzan
  • Published 1 January 2001
  • Economics
  • Review of International Political Economy
The paper offers a new approach for analysing capitalist development and crisis, tying together mergers and acquisitions, stagflation and globalization as integral facets of accumulation. The framework builds on the concept of differential accumulation, emphasizing the power drive by dominant capital groups to beat the average and exceed the normal rate of return. Four regimes of differential accumulation are articulated: internal breadth by amalgamation, external breadth through green-field… 
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