Suchergebnisse

The french Regulation School of hetherodox economics deals with the capability of economic systems to reach stability. The economic systems does not have a tendency to equilibrium. Instead, the institutional farmework of capitalist society produces stability. Regulation Theory links the interaction of agents in a micro level to structural determinations of system development not reducible to this micro level. The evolution of capitalist systems is multidetermined. The origin of institutional forms are presented with the support of Polanyi's and Brauders contributions to the history of capitalism. At last, a discussion on the concept of mode of regulation as a hierarchical configuration of the institutional forms is made. ; The french Regulation School of hetherodox economics deals with the capability of economic systems to reach stability. The economic systems does not have a tendency to equilibrium. Instead, the institutional farmework of capitalist society produces stability. Regulation Theory links the interaction of agents in a micro level to structural determinations of system development not reducible to this micro level. The evolution of capitalist systems is multidetermined. The origin of institutional forms are presented with the support of Polanyi's and Brauders contributions to the history of capitalism. At last, a discussion on the concept of mode of regulation as a hierarchical configuration of the institutional forms is made.