Advertisement

The Accumulation Regime

  • Ilan BizbergEmail author
Chapter

Abstract

Every type of capitalism is characterized by a specific mode of accumulation. This mode includes the productive structure of the country: what the country produces, how it produces it, and the manner in which it redistributes it between profits and wages. In the first place, a country may orient its economy fundamentally toward manufactures or commodities. Then, there is the manner in which these products are actually produced and the way in which the benefits of production are distributed between the different sectors of society. Production can be achieved either through the mere extension of production, without any significant modification of technology and of the techniques or the organization of labor (as is usually the case of commodities), or by transforming the organization of production through innovation, the integration of technology, a different way of organizing work, in sum through an increase in productivity, in an intensive mode of accumulation. The third feature is the mode of consumption, which can be oriented primarily either toward profits or wages.

Keywords

Accumulation Consumption Profits Wages 

References

  1. Alarco Tosoni, G. (2014). Participación salarial y crecimiento económico en América Latina, 1950–2011. Revista CEPAL (113), 43–60.CrossRefGoogle Scholar
  2. Amitrano, R. C. (2017). Income distribution, productive structure and growth in South America. Panoeconomicus, 64(2), 139–168.CrossRefGoogle Scholar
  3. Amsden, A. H. (2001). The rise of “the rest” challenges to the West from late-industrializing economies. New York: Oxford University Press.CrossRefGoogle Scholar
  4. Bizberg, I. (2004). Trayectorias políticas e institucionales de México y Brasil: el caso de las relaciones entre el Estado y el sindicalismo. In C. Alba Vega & I. Bizberg (Coord.), Democracia y globalización en México y Brasil. Mexico: El Colegio de México.Google Scholar
  5. Bizberg, I., & Théret, B. (2012). La diversité des capitalismes latino-américains: les cas de l’Argentine, du Brésil et du Mexique. La Revue de la Régulation (11). Paris. http://journals.openedition.org/regulation/9658;  https://doi.org/10.4000/regulation.9658.
  6. Boyer, R. (2015). Économie politique des capitalismes, Théorie de la régulation et des crises. Paris: La Découverte Editions.Google Scholar
  7. Bresser-Pereira, L. C. (2012). Os trés ciclos da sociedade e do estado. Perspectivas, 41, 13–51.Google Scholar
  8. Canelo, P. (2009). La política contra la economía: los elencos militares frente al plan económico de Martinez Hoz durante el Proceso de Reorganización Nacional (1976–1981). In A. Pucciarelli (Ed.), Empresarios, tecnócratas y militares. La trama corporativa de la última Dictadura. Buenos Aires: Siglo XXI.Google Scholar
  9. Cardoso, F. H., & Faletto, E. (1969). Dependencia y Desarrollo en América latina. México: Siglo XXI.Google Scholar
  10. Cadestin, C., Gourdon, J., & Kowalski, P. (2016). Participation in global value chains in Latin America: Implications for trade and trade-related policy (OECD Trade Policy Papers, No. 192). Paris: OECD Publishing.Google Scholar
  11. Dussel Peters, E. (2006). Hacia una política de competitividad en México. ECONOMÍA unam, 3(9), 65–81.Google Scholar
  12. Engerman, S., & Sokoloff, K. (1997). Factor endowments, institutions, and differential paths of growth among new world economies. A view from economic historians of the United States. In S. Haber (Ed.), How Latin America fell behind. Essays on the economic histories of Brazil and Mexico (pp. 261–304). Stanford: Stanford University Press.Google Scholar
  13. Evans, P. (1995). Embedded autonomy. States and industrial transformation. Princeton, NJ: Princeton University Press.Google Scholar
  14. Goldstein, A., & Lemoine, F. (2013). L’économie des BRIC: Brésil, Russie, Inde, Chine. Paris: La Découverte Editions.Google Scholar
  15. Guillen Romo, H. (2012). México: del desarrollo “hacia adentro” al desarrollo “hacia fuera”. In J. L. Calva (Coord.), Análisis Estratégico para el Desarrollo (Vol. 3, pp. 245–283). México: Juan Pablos Editor.Google Scholar
  16. Hall, P. A., & Soskice, D. (Eds.). (2001). Varieties of capitalism: The institutional foundations of comparative advantage. Oxford: Oxford University Press.Google Scholar
  17. Hausmann, R., & Rigobon, R. (2003). An alternative interpretation of the ‘resource curse’: Theory and policy implications. In J. M. Davis, R. Ossowski, & A. Fedelino (Eds.), Fiscal policy formulation and implementation in oil-producing countries. Washington, DC: IMF.Google Scholar
  18. Hermann, J. (2005a). Reformas, endividamento externo e o ‘milagre’ económico. In F. Giambiagi, A. Villela, L. Barros de Castro, & J. Hermann (Eds.), Economia brasileira contemporânea (1945–2004) (pp. 69–92). Rio de Janeiro: Elsevier.Google Scholar
  19. Hermann, J. (2005b). Auge e Declínio do Modelo de Crescimento com Endividamento: O II PND e a Crise da Dívida Externa (1974–1984). In F. Giambiagi, A. Villela, L. Barros de Castro, & J. Hermann (Eds.), Economia brasileira contemporânea (1945–2004) (pp. 93–115). Rio de Janeiro: Elsevier.Google Scholar
  20. Ibarra, C. (2008). La paradoja del crecimiento lento de México. Revista de la CEPAL (95), 83–102.Google Scholar
  21. Karl, T. L. (1997). The paradox of plenty: Oil booms and petro-states. Berkeley and Los Angeles, CA: University of California Press.Google Scholar
  22. Kay, C. (2002). Why East Asia overtook Latin America: Agrarian reform, industrialization and development. Third World Quarterly, 23(6), 1073–1102.CrossRefGoogle Scholar
  23. Mendoza Cota, J. E. (2011). La crisis de la industria automotriz en México en el marco de la integración económica con Estados Unidos. Economía UNAM, 8(22), 55–73.Google Scholar
  24. Nassif, A., Feijó, C., & Araújo, E. (2015). Structural change and economic development: Is Brazil catching up or falling behind? Cambridge Journal of Economics, 39(5), 1307–1332.CrossRefGoogle Scholar
  25. OCDE. (2016). Fomentando un Crecimiento Inclusivo de la Productividad en América Latina. Serie Mejores Políticas. Paris: OECD Publishing. Available at: https://www.oecd.org/latin-america/fomentando-un-crecimiento-inclusivo-de-la-productividad-en-america-latina.pdf.
  26. Palma, J. G. (2005). The seven main ‘stylized facts’ of the Mexican economy since trade liberalization and NAFTA. Industrial and Corporate Change, 14(6), 941–991.CrossRefGoogle Scholar
  27. Pereira, M., & Théret, B. (2004). Mediaciones institucionales de regulación social y dinámicas macroeconómicas: los casos de Brasil y México. In C. Alba & I. Bizberg (Eds.), Democracia y Globalización en México y Brasil. México: El Colegio de México.Google Scholar
  28. Puyana, A., & Romero Tellaeche, J. (2009). México. De la crisis de la deuda al estancamiento económico. México: El Colegio de México.Google Scholar
  29. Rapoport, M., & Collaborators. (2005). Historia económica, política y social de la Argentina. Córdoba: Ediciones Macchi.Google Scholar
  30. Romero Tellaeche, J. (2014). Grandes Problemas. Los límites al crecimiento económico de México. El Colegio de México-UNAM.Google Scholar
  31. Salama, P. (2012). China-Brasil: industrialización y ‘desindustrialización temprana’. Cuadernos de Economía, 31(56), 223–252.Google Scholar
  32. Santarcángelo, J. E., & Schteingart, D., & Porta, F. (2017). Industrial policy in Argentina, Brazil, Chile and Mexico: A comparative approach. Revue Interventions économiques (59). http://journals.openedition.org/interventionseconomiques/3852. Accessed 13 June 2018.
  33. Schneider, B. R. (2013). Hierarchical capitalism in Latin America: Business, labor, and the challenges of equitable development. New York: Cambridge University Press.Google Scholar
  34. Stockhammer, E. (2011). Crecimiento basado en los salarios: introducción. Boletín Internacional de Investigación Sindical, 3(2), 183–208.Google Scholar
  35. UNCTAD. (2013). World investment report, global value chains: Investment and trade for development. New York and Geneva: United Nations Publication.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.El Colegio de MéxicoMexico CityMexico

Personalised recommendations