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Neoliberalism and the Social Structure of Accumulation

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  • Martin H. Wolfson

Abstract

Is neoliberalism a new social structure of accumulation (SSA)? The attempt to answer this question leads to possible reconceptualizations of SSA theory. These include alternating structures of regulation and the free market, and institutions created as a result of the temporary stabilization of class and intraclass conflicts among industry, finance, and labor. Thus neoliberalism is not a new SSA, but rather a stage of capitalism based upon the (temporary) dominance of capital over labor.

Suggested Citation

  • Martin H. Wolfson, 2003. "Neoliberalism and the Social Structure of Accumulation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 35(3), pages 255-262, September.
    • Handle: RePEc:sae:reorpe:v:35:y:2003:i:3:p:255-262
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    Cited by:

    1. Alexei Izyumov & Trista Claxon, 2009. "Models of Capitalism and Income Distribution in Transition Economies: A Comparative Perspective," Journal of Economic Issues, Taylor & Francis Journals, vol. 43(3), pages 733-758.
    2. Tomás Gutiérrez-Barbarrusa, 2019. "The interpretation of the cyclical history of capitalism. A comparison between the neo-Schumpeterian and social structure of accumulation (SSA) approaches in light of the long wave theory," Journal of Evolutionary Economics, Springer, vol. 29(4), pages 1285-1314, September.

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