Regulation in Productive Systems
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Gérard Destanne de Bernis, the leading exponent of Grenoble regulation theory, is acknowledged to be among the first in France to use the expression ‘regulation’ in a radically different sense (Boyer, 1986a, p. 25). Yet Grenoble theory has attracted less attention than Parisian theory (in English see Destanne de Bernis, 1988d, 1990; Cataife, 1989; Jessop, 1990), possibly because of the tendency to identify the GRREC with ‘orthodox’ Marxism. De Bernis believes that the alternative to general equilibrium theory, the dominant paradigm in economics, requires ‘recovering’ the concept of regulation allegedly implicit in Marx. Grenoble theory’s definition of regulation in terms of the articulation of Marx’s laws of profit is probably the most obvious manifestation of the Marxian influence. But the concepts of social procedures of regulation, mode of regulation and productive system, together with the periodisation of capitalist development, are undoubtedly innovations within the Marxian tradition. To avert the perils of economism, the burden is on the GRREC to flesh out the concepts of social procedures of regulation and to conceptualise state action with respect to regulation. I shall explore in this chapter the GRREC’s responses to this twin challenge.
KeywordsCapitalist Development Work Resistance Class Struggle Social Regulation Profit Rate
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