New Left Review I/232, November-December 1998

Michel Aglietta

Capitalism at the Turn of the Century: Regulation Theory and the Challenge of Social Change

My book, A Theory of Capitalist Regulation, was written more than twenty years ago. [1] The new edition perhaps testifies to the longevity of the ideas it sought to communicate. These two decades, however, have not been kind to anyone trying to make sense of the erratic and sometimes disconcerting development of contemporary societies. Here, I should like to say how the ideas contained in the book have stood this test, and how they can be modified or extended so that we can try to understand the dramas we are witnessing and the hopes of renewal we cherish as this twentieth century draws to its close.

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