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Neo-Schumpeterian, world system, and regulation approaches to the analysis of structural change in advanced capitalist societies are distinguished and the development of theories of regulation and their connection with Marx's conception of capitalism are outlined, A synthetic account of the structure of theories of regulation is presented and is used to discuss the development and the crisis of Fordism. The macroeconomic character of these theories and the macroeconomic evidence that supports them is emphasised as are the difficulties encountered in analysing the internationalisation of advanced capitalist economies.
Michael Dunford (Sat,) studied this question.
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