The Regulation Approach
Robert Boyer describes the wide encompassing theory as “The study of the transformation of social relations, which creates new forms- both economic and non-economic- organized in structures and reproducing a determinate structure, the mode of reproduction”. This theory or approach looks at the capitalist economies as a function of social and institutional systems and not just as government's role in the regulation of the economy, although that is a big part of the approach.
Read more about this topic: Regulation School
Famous quotes containing the words regulation and/or approach:
“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)
“We have learned the simple truth, as Emerson said, that the only way to have a friend is to be one. We can gain no lasting peace if we approach it with suspicion or mistrust or with fear.”
—Franklin D. Roosevelt (1882–1945)