2 The French Regulation School and the Social Structures of Accumulation Approach
Accumulation regimes and stages of capitalism development
As we mentioned several times in the previous chapter, the idea that financialisation is a structural change in the recent evolution of capitalism is closely linked to the theoretical paradigms proposed by the so-called French Regulation School and the Social Structures of Accumulation Approach (SSAA). According to many post-Keynesian authors, in fact, both these approaches provide some fundamental interpretations not only of the dynamics of financialisation, but also of the beginning of its structural crisis, which some see as coinciding with the financial crisis of 2007–2008 ...
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