レギュラシオン理論の90年代認識(90年代の日本経済の構造分析,共同研究)
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The neoclassical school of economics, which espouses deregulation, a market mechanism, and regulation theory, uses labor-management relations as its analytical yardstick to track qualitative changes in capitalism. This school of economics surfaced in the late 1970s as Japan's high-velocity economic growth came to an end. Focusing on regulation theory, which has exerted some influence on conventional Marxist economists, this study looks at different economists' interpretation of Japanese capitalism in the 1990s. In its initial assessment of the state of Japanese capitalism in that decade, the regulation school positioned the country's late-twentieth-century recession as a structural danger inherent in the Fordism development model. Regulationists pinpointed the moment when individual national economies embarked on a path known as neo-Fordism-or its Volvo or Toyota equivalent. They also confirmed the existence of a counter-path: a post-Fordism age focused on emerging from a crisis. But when the economy slumped in the first quarter of 1997 and the 1990s recession reared its head again, the Regulation school experimented with theoretical regulation. It termed the state of Japanese capitalism in the last decade of the twentieth century "the 1990s crisis." This critical situation, this group maintained, consisted of both a crisis in a financial system based on the supremacy of the corporate system and a crisis of regulation according to corporate principles, namely, the decline of job security and compromise in labor-management relations. Given the way in which regulation theory's perception of the 1990s was swayed by fluctuations in the state of the economy-and its tendency to quickly redefine theoretical parameters-this theory's value as a tool for empirical analysis is questionable.
- 2000-03-31
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