Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach

This article investigates whether a new mode of regulation is being developed or has already evolved in the United States to promote long wave upswing during the early years of the new millennium. The regime of accumulation is scrutinized, but neither sustainable productivity nor demand seems to be...

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Main Author: O'Hara, Phillip
Format: Journal Article
Published: Sage Publications 2003
Online Access:http://hdl.handle.net/20.500.11937/36740
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author O'Hara, Phillip
author_facet O'Hara, Phillip
author_sort O'Hara, Phillip
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description This article investigates whether a new mode of regulation is being developed or has already evolved in the United States to promote long wave upswing during the early years of the new millennium. The regime of accumulation is scrutinized, but neither sustainable productivity nor demand seems to be forthcoming. Institutional forms are then studied- global relations, the state, and finance- and found to be lacking. Periodic deep recession and financial instability are thus likely until suitable changes emerge because long wave upswing has not yet emerged.
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spelling curtin-20.500.11937-367402017-09-13T15:55:04Z Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach O'Hara, Phillip This article investigates whether a new mode of regulation is being developed or has already evolved in the United States to promote long wave upswing during the early years of the new millennium. The regime of accumulation is scrutinized, but neither sustainable productivity nor demand seems to be forthcoming. Institutional forms are then studied- global relations, the state, and finance- and found to be lacking. Periodic deep recession and financial instability are thus likely until suitable changes emerge because long wave upswing has not yet emerged. 2003 Journal Article http://hdl.handle.net/20.500.11937/36740 10.1177/0486613402250181 Sage Publications restricted
spellingShingle O'Hara, Phillip
Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach
title Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach
title_full Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach
title_fullStr Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach
title_full_unstemmed Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach
title_short Deep recession and financial instability or a new long wave of economic growth for US capitalism? A regulation school approach
title_sort deep recession and financial instability or a new long wave of economic growth for us capitalism? a regulation school approach
url http://hdl.handle.net/20.500.11937/36740