History of Modes of Regulation
Robert Boyer identified two main distinct modes of regulation throughout the 19th and 20th centuries.
- 1850–1930: the "mode of regulation of competition". It consist of a first mode of regulation, from 1850 to the beginning of the century, called by Boyer "extensive mode of regulation", characterized by low productivity gains, important part of the output dedicated to equipments, and high competition. The second period is called "intensive mode of regulation without mass consumption", because the period consists of high productivity gains, thanks to taylorism methods, and by the production of consumption commodencies.
- After 1930: the "monopolist mode of regulation". It consists of a mode of accumulation with high productivity and mass consumption. The fordist system made possible a regular growth of the economic output and an increase in income at the same time.
Read more about this topic: Regulation School
Famous quotes containing the words history of, history, modes and/or regulation:
“Certainly there is not the fight recorded in Concord history, at least, if in the history of America, that will bear a moment’s comparison with this, whether for the numbers engaged in it, or for the patriotism and heroism displayed.”
—Henry David Thoreau (1817–1862)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“The essence of belief is the establishment of a habit; and different beliefs are distinguished by the different modes of action to which they give rise.”
—Charles Sanders Peirce (1839–1914)
“Nothing changes my twenty-six years in the military. I continue to love it and everything it stands for and everything I was able to accomplish in it. To put up a wall against the military because of one regulation would be doing the same thing that the regulation does in terms of negating people.”
—Margarethe Cammermeyer (b. 1942)