This fascinating volume offers a critique of recent institutional and cultural turns in heterodox economics and political economy. Using seven case studies as examples, the authors explore how research on sense- and meaning-making can deepen critical studies in political economy, illuminating its role in critiquing the specific categories, contradictions and crisis-tendencies of capitalism.
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Towards a Cultural Political Economy
Putting Culture in its Place in Political Economy
Ngai-Ling Sum and Bob Jessop
Beyond the Regulation Approach
Putting Capitalist Economies in their Place
Bob Jessop and Ngai-Ling Sum
This book presents a detailed and critical account of the regulation approach in institutional and evolutionary economics. Offering both a theoretical commentary and a range of empirical examples, it identifies the successes and failures of the regulation approach as an explanatory theory, and proposes new guidelines for its further development.