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By Michel Aglietta

Michel Aglietta’s path-breaking ebook is the 1st try out at a rigorous ancient thought of the entire improvement people capitalism, from the Civil warfare to the Carter presidency. an important record of the “Regulation School” of heterodox economics, it used to be obtained because the boldest e-book in its box because the vintage reports of Paul Baran, Paul Sweezy and Harry Braverman.

This edition features a giant postface through Aglietta, which situates legislation idea within the context of twenty-first-century capitalism.

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Extra info for A Theory of Capitalist Regulation: The US Experience (Radical Thinkers)

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What the other sections may say remains to be seen, but even they, if impartial, can only declare themselves incompetent until they have the full facts and until the accused has been heard. And I for one consider it utterly ruinous to the party to introduce into it, and even to outdo, the kind of justice practiced by Bismarck and by the American bourgeois, who do at least respect forms and give the prisoner at the bar a hearing—and for us to act thus at the very moment we protest against these infamous proceedings.

You will now see that I must most distinctly decline following your advice as to 'giving Kautsky a hint, not to let the letters appear which are advertised in the name of Dr Aveling', because the Executive are going to launch 'an official circular' against Aveling, and 'his name as one of the staff can only injure any organ'. Neither Kautsky nor myself have, I believe, ever given any grounds for anyone to suppose that we would treat thus the friends we have worked with for years, upon the strength of mere assertions and innuendos.

The chapter on the Rent of Land,d although written before he had studied Russian economic conditions, and written without reference thereto, will still be very necessary to you. The 3rd volume will be taken in hand after clearing off some other accumulated work; with the exception of three Abschnitte, the greater part is almost ready for press. I thank you very much for the Fairy Tales of Scedrin which I shall take in hand as soon as ever possible; a slight conjunctivitis of the left eye prevents me reading it at present, as the Russian type very much strains my eyesight.

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