Generate QR code
Open Access
Subscription Access
French Regulationists on the Financial Dominance in the Modern Economy
https://doi.org/10.32609/0042-8736-2008-12-46-59
Abstract
The ongoing financial crisis has attracted economists’ attention to the problem of explaining its nature and offering ways of overcoming it. French regulationism is analyzed in the article as a school of economic thought developing its own approach to the institutional analysis of systemic qualities of the world economy. The article considers French regulationists’ views on the contemporary tendencies in the development of financial sector, on the changes in its role in the global institutional system of a modern society. It is shown how evolution of pension funds has led to prevalence of logic of the financial market in the global economic system, which resulted in the inevitability of the financial crisis.
About the Author
A. Odintsova
Institute of Economics, Russian Academy of Sciences
Russian Federation
Russian Federation
References
1. Aglietta М. Le capitalisme de demain. P.: Notes de la Fondation Saint-Simon, 1998.
2. Boyer R. Is a finance-led growth regime a viable alternative to fordism? // Economy and Society. 2000. Vol. 29, No 1.
3. Boyer R. Le politique à l'ère de la mondialisation et de la finance // L'Année de la Régulation. 1999. Vol. 3.
4. Coutrot T. L'entreprise néolibérale, nouvelle utopie capitaliste? P.: La Découverte, 1998.
5. Crise financière: entretien avec Frédéric Lordon // L'Humanité. 2008. 24 mars.
6. Lipietz A. Une crise de 29 puissance deux! // Alternatives internationales. Hors série. 2008. 26 octobre.
7. Lordon F. Fonds de pension, piège а cons ? Mirage de la démocratie actionnariale. P.: Raisons d'Agir, 2000.
8. Lordon F. Le nouvel agenda de la politique économique en régime d'accumulation financiarisé // Le Triangle infernal: Crise, mondialisation, financiarisation / G. Duménil, D. Lévy (eds.). Paris: PUF, 1999.
9. Montagne S. Les fonds de pension dans l'économie americaine // La lettre de la régulation. 2000. No 34. Р. 2.
10. Montagne S. Les fonds de pension. Entre protection sociale et spéculation financière. Paris: Odile Jacob, 2006.
11. Orléan A. Le pouvoir de la finance. P.: Odile Jacob, 1999.
Review
For citations:
Odintsova A. French Regulationists on the Financial Dominance in the Modern Economy. Voprosy Ekonomiki. 2008;(12):46-59. (In Russ.) https://doi.org/10.32609/0042-8736-2008-12-46-59
Views:
678
Email this article 
