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Capitalism Strikes Back: Why and What Consequences for Social sciences?

Author

Listed:
  • Robert Boyer

    (PJSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

This article addresses a twofold issue: why the word capitalism has become more and more frequently used during the last decade? How could socio-economic researches contribute to understanding of the contemporary transformations of the various brands of capitalism? First, it is argued that the concept of capitalism is not equivalent to the concept of market economy since it also refers to the study of social relations and dynamic patterns of evolution. Second, the 90s were probably a turning point in the analysis of contemporary societies since the built-in propensity of capitalism to innovate and ability to propel structural change and promote globalization, are easy to recognize. Third, given the multifaceted aspects of capitalism, all social sciences (legal studies, economic history, political sciences, sociology, economic theory, technical change analysis...) do shed some light upon this complex and evolving regime. The bulk of the paper then surveys both the contribution and weaknesses of economic sociology and new political economy and proposes a research agenda in which their respective programs provide a complementary analysis of contemporary structural transformations of capitalism. Regulation theory is part of such a research agenda and could itself benefit from such a joint venture.

Suggested Citation

  • Robert Boyer, 2007. "Capitalism Strikes Back: Why and What Consequences for Social sciences?," PSE-Ecole d'économie de Paris (Postprint) halshs-00754654, HAL.
    • Handle: RePEc:hal:pseptp:halshs-00754654
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    Citations

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    Cited by:

    1. Montagne, Sabine, 2007. "In trusts we trust: Pension funds between social protection and financial speculation," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 8(3), pages 26-32.
    2. Faruk Ülgen, 2015. "From liberal finance inconsistency to relevant systemic regulation : an institutionalist analysis," Post-Print halshs-01166696, HAL.
    3. Robert Boyer, 2008. "Democracy and social democracy facing contemporary capitalisms: A "régulationist" approach," Working Papers halshs-00586315, HAL.

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