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Commodities, workers, and institutions: analytical and empirical problems in regulation's consumption theory

By: Mavroudeas, Stavros.
Material type: materialTypeLabelArticlePublisher: 2003Description: p.485-512.Subject(s): Labour | Consumption In: Review of Radical Political EconomicsSummary: Regulation's theory of consumption has been a significant but rather "hidden" item behind the Fordist/post-Fordist labor process connotations. Its main argument is that working-class consumption was capitalistically commodified only after World War II. Thus, there was no mass consumption to cover the capitalist mass production established in the 1920s. The basis of the post-World War II book was the creation of a social consumption norm (via wages indexation to productivity) that ensured unfettered capitalist accumulation. This schema is both analytically and empirically invalid. - Reproduced.
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Articles Articles Indian Institute of Public Administration
Volume no: 35, Issue no: 4 Available AR59724

Regulation's theory of consumption has been a significant but rather "hidden" item behind the Fordist/post-Fordist labor process connotations. Its main argument is that working-class consumption was capitalistically commodified only after World War II. Thus, there was no mass consumption to cover the capitalist mass production established in the 1920s. The basis of the post-World War II book was the creation of a social consumption norm (via wages indexation to productivity) that ensured unfettered capitalist accumulation. This schema is both analytically and empirically invalid. - Reproduced.

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