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Social Structure of Accumulation Theory, Marxist Theory, and System Transformation

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  • David M. Kotz

Abstract

This paper locates social structure of accumulation (SSA) theory in relation to traditional Marxism. It then applies SSA theory to analyze the current trajectory of system transformation in the global system. Drawing lessons from the global crisis of the 1930s, it uses SSA theory to illuminate the causes and possible consequences of the system transformation that now appears to be developing—a transformation that may be replacing parliamentary democracies by right-wing nationalist repressive regimes in many countries.

Suggested Citation

  • David M. Kotz, 2017. "Social Structure of Accumulation Theory, Marxist Theory, and System Transformation," Review of Radical Political Economics, Union for Radical Political Economics, vol. 49(4), pages 534-542, December.
    • Handle: RePEc:sae:reorpe:v:49:y:2017:i:4:p:534-542
    DOI: 10.1177/0486613417699050
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    More about this item

    Keywords

    social structure of accumulation; Marxism; crisis; stagnation; regime change;
    All these keywords.

    JEL classification:

    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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