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Capitalist Class Agency and the New Deal Order

Author

Listed:
  • Richard McIntyre

    (University of Rhode Island, Kingston, RI, USA)

  • Michael Hillard

    (University of Southern Maine, Portland, ME, USA)

Abstract

In the United States the apparent crisis of neoliberalism has called forth nostalgia for the regulated capitalism of the post World War II era. In particular, radical economists’ thinking continues to be influenced by the notion of a “limited postwar capital-labor accord.†But a careful accounting of historial scholarship since the 1980s shows the stylized thinking found in social structures of accumulation (SSA) literature and radical political economy generally to be inaccurate and misleading: inaccurate because it creates an image of a golden age that never was, and misleading in that it suggests a politics of social cooperation rather than worker militancy. In this paper we show that capitalists as a class never accepted anything resembling such an accord.JEL classification: B5, J5, N32

Suggested Citation

  • Richard McIntyre & Michael Hillard, 2013. "Capitalist Class Agency and the New Deal Order," Review of Radical Political Economics, Union for Radical Political Economics, vol. 45(2), pages 129-148, June.
    • Handle: RePEc:sae:reorpe:v:45:y:2013:i:2:p:129-148
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    More about this item

    Keywords

    capital-labor accord; New Deal order; capitalist class formation;
    All these keywords.

    JEL classification:

    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • J5 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining
    • N32 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - U.S.; Canada: 1913-

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