Translation and Definition
Bob Jessop summarises the difficulties of the term in Governing Capitalist Economies, where he states: "The RA seeks to integrate analysis of political economy with analysis of civil society and or State to show how they interact to normalize the capital relation and govern the conflictual and crisis-mediated course of capital accumulation. In this sense, 'régulation' might have been better- and less mechanically-translated as regularization or normalization" (p 4). Therefore the term régulation does not necessarily translate well as regulation. Regulation, as in the sense of government action, does have a part in regulation theory.
Read more about this topic: Regulation School
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