By Michel Aglietta
Michel Aglietta’s path-breaking booklet is the 1st try at a rigorous old concept of the full improvement people capitalism, from the Civil struggle to the Carter presidency. an enormous rfile of the “Regulation School” of heterodox economics, it was once got because the boldest ebook in its box because the vintage reviews of Paul Baran, Paul Sweezy and Harry Braverman.
This edition contains a monstrous postface by way of Aglietta, which situates law thought within the context of twenty-first-century capitalism.
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Additional resources for A Theory of Capitalist Regulation: The US Experience (Radical Thinkers)
46 [p. 30]). ] I, p. 46 [p. e. ] 4 [p. 279]). After Ure has told us that it is the tendency of machinery to make labour superfluous or depreciate it: "Instead of repining as they have done at the prosperity of their employers, and concerting odious measures to blast it, they should, on every principle of gratitude a Cf. present edition, Vol. 33, p. — Ed. , Vol. 30, p. — Ed. "—Ed. d Cf. present edition, Vol. 33, p. — Ed. b Relative Surplus Value. Machinery 37 and self-interest, have rejoiced at the success resulting from their labours...
T h e embroidery of bobbin-net, called lace running, also a non-factory household work, painfully illustrates our position.
Thus the whole family must provide a greater amount of labour, necessary+surplus labour, must supply more surplus labour in order to squeeze out the same AVERAGE wage for the whole family. Secondly: In so far as machinery replaces the skilled independent handicraftsman, replacing equally the specialisation developed through the division of labour with simple labour, differentiated at most by distinctions of age and sex, it reduces all labour capacities to simple labour capacities and all labour to simple labour, whereby the total amount of labour capacities is depreciated.
A Theory of Capitalist Regulation: The US Experience (Radical Thinkers) by Michel Aglietta