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The Golden Age of CapitalismReinterpreting the Postwar Experience$
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Stephen A. Marglin and Juliet B. Schor

Print publication date: 1992

Print ISBN-13: 9780198287414

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198287414.001.0001

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The Rise and Fall of the Golden Age

The Rise and Fall of the Golden Age

Chapter:
(p.39) 2 The Rise and Fall of the Golden Age
Source:
The Golden Age of Capitalism
Author(s):

Andrew Glyn

Alan Hughes

Alain Lipietz

Ajit Singh

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198287414.003.0002

This chapter focuses on the six major OECD countries — France, Germany, Italy, Japan, United Kingdom, and United States — during the ‘golden age’ and its aftermath. It follows the ‘regulation’ approach invented by French economists such as Michel Aglietta, Robert Boyer, and Alain Lipietz, and developed as well by Americans such as David Gordon and Michael Piore. It highlights the emphasis on the interaction of internal and external forces, forces operating within each country and forces operating in the international arena. It discusses how once mutually reinforcing institutional structures became mutually destructive.

Keywords:   OECD countries, France, Germany, Italy, Japan, United Kingdom, United States, regulation

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