Social structures of accumulation : the political economy of growth and crisis

The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

This book offers an ideal introduction to the social structure of accumulation (SSA) approach to the analysis of capitalist economies and societies. This approach seeks to explain the fortunes of economies in terms of the influence of political and economic institutions, and has proved to be a powerful tool for understanding economic success and failure. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analyzing the social and economic differences between countries and the reasons for the successes and failures of institutional reform The social structure of accumulation (SSA) approach to analysis seeks to explain the fortunes of economies in terms of the influence of political and economic institutions. This study examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States. Comprising newly written essays and classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States, and will be an essential guide to the subject for students and specialists Edited By David M. Kotz, Terrence Mcdonough, Michael Reich. Includes Bibliographical References And Index. Capitalism can be defined as a wage-labour system of commodity production for profit.