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Democracy and social democracy facing contemporary capitalisms: A "régulationist" approach

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  • 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 surveys some old and recent political economy research about the long term transformations and contemporary diversity in the mutual relationships between State, civil society and the economy. The hypothesis of institutional complementarity is extended from the institutional forms that sustain "regulation" modes to the analysis of the spill over from the polity to the economy and conversely from the economy to the polity. In spite of common challenges originating from individualization, globalization and financiarization, contrasted national trajectories for socio-economic and political regimes still coexist in contemporary world. The assessment of the relative merits of liberal capitalism, social-liberalism and renewed social-democracy suggests that the later regime is the best suited to limit the process of de-democratization to follow the concept coined by Charles Tilly in his 2007 book on "Democracy". Would social-democracy be the best rampart against the contemporary disenchantment about democracy? This unconventional hypothesis has to be mitigated by the fact that social-democracy - but also liberal democracy - cannot be imported as such. Its basic principles have to follow a process of hydridization according to various national traditions, let them be statist in France or meso-coporatist in Japan since the new demands from diverse civil societies have to be taken into account.

Suggested Citation

  • Robert Boyer, 2008. "Democracy and social democracy facing contemporary capitalisms: A "régulationist" approach," Working Papers halshs-00586315, HAL.
  • Handle: RePEc:hal:wpaper:halshs-00586315
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00586315
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    References listed on IDEAS

    as
    1. Toshiaki Tachibanaki, 2005. "Confronting Income Inequality in Japan: A Comparative Analysis of Causes, Consequences, and Reform," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262201585, April.
    2. Greif,Avner, 2006. "Institutions and the Path to the Modern Economy," Cambridge Books, Cambridge University Press, number 9780521480444, September.
    3. Robert Boyer, 2005. "From shareholder value to CEO power: The paradox of the 1990s," PSE Working Papers halshs-00590848, HAL.
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    5. Robert Boyer, 2007. "Capitalism Strikes Back: Why and What Consequences for Social sciences?," PSE-Ecole d'économie de Paris (Postprint) halshs-00754654, HAL.
    6. Robert Boyer, 2005. "From shareholder value to CEO power: The paradox of the 1990s," Working Papers halshs-00590848, HAL.
    7. Amable, Bruno, 2003. "The Diversity of Modern Capitalism," OUP Catalogue, Oxford University Press, number 9780199261147.
    8. Robert Boyer, 2007. "Capitalism Strikes Back: Why and What Consequences for Social sciences?," Post-Print halshs-00754654, HAL.
    9. Boyer, Robert, 2007. "Capitalism Strikes Back: Why and What Consequences for Social Sciences?," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 1.
    10. Javier Santiso, 2007. "Latin America's Political Economy of the Possible: Beyond Good Revolutionaries and Free-Marketeers," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262693593, April.
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    Cited by:

    1. Hiroyasu Uemura, 2019. "Social preference and civil society in the institutional analysis of capitalisms: an attempt to integrate Samuel Bowles’ The Moral Economy and Robert Boyer’s Régulation Theory," Evolutionary and Institutional Economics Review, Springer, vol. 16(2), pages 433-453, December.

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