Technology and distribution in managerial capitalism. The chain of historical trajectories à la Marx and countertendential traverses
Five phases can be distinguished in the history of technical and distributional change in U.S. capitalism since the late 19th century. Three such phases manifest the features put forward in Volume III of Capital governing the declining trend of the profit rate and can be denoted as "trajectories à la Marx". Two other periods (in particular 1910-1963) reveal symmetrical trends. They are the expression of the changing configurations of the dynamics of productive forces and relations of production, given the continuing transformation of relations of production in managerial capitalism. This analysis supports the hypothesis that U.S. capitalism entered a new trajectory à la Marx after 2000.
G. Duménil, D. Lévy, "Technology and distribution in managerial capitalism. The chain of historical trajectories à la Marx and countertendential traverses", 2016, Science and Society. Special Issue: Crises and Transformation of Capitalism, Vol. 80, pp. 530-549.
Fichier PDF /PDF File ( 329 Ko)