Chapter
One: The State of the Art of Social Structure of Accumulation Theory
An Overview of the Last Decade
David Gordon’s Last Works
SSAs outside the United States
Specific Institutions within the SSA
The Current State of SSA Theory
Was a New SSA Consolidated after the 1970s?
Two: Social Structure of Accumulation Theory
SSA Theory and Its Origins
The Postwar SSA in the United States
The Structural Integrity of an SSA
Overdetermination and the Postwar SSA in the United States
Why SSAs Require Many Years to Construct and Why they Endure Many Years
The Role of Class Conflict in SSA Formation and Collapse
Addendum: The 2007/8 Financial Crisis and the Collapse of the Neoliberal SSA
Three: A Reconceptualization of Social Structure of Accumulation Theory
The Current Theory of an SSA
Liberal and Regulated SSAs
SSAs and Capitalist Crises
Liberal and Regulated SSAs and the Rate of Growth
Part Two: Globalization and the Contemporary Social Structure of Accumulation
Four: Global Neoliberalism and the Contemporary Social Structure of Accumulation
Global Neoliberalism and Social Structure of Accumulation Theory
International Institutions of the Global Neoliberal SSA
Domestic Institutions of the Global Neoliberal SSA
Why Global Neoliberalism Should be Considered an SSA
The Uneven Spread of Neoliberal Institutions and Globalization
Contradictions and Crisis of the Global Neoliberal SSA
Five: Globalization or Spatialization?: The Worldwide Spatial Restructuring of the Labor Process
Globalization’s Place in SSA Theory
Social Structures of Accumulation and Systems of Labor Control
Spatialization and Technocratic Control
Six: Financialization in the Contemporary Social Structure of Accumulation
The Nature of the Neoliberal SSA
The Transition from a National Keynesian SSA to a Global Neoliberal SSA
The Central Role of Finance in the Global Neoliberal SSA
The End of a Finance-Dominated SSA?
Class Analysis in the New SSA
The Role of the State in the Neoliberal SSA
Seven: Global Neoliberalism and the Possibility of Transnational State Structures
Theorizing the Transnational State
Gramsci and the Transnational Capitalist Class
The Transnational State Apparatus
The Evolving Transnational State Apparatus
The World Trade Organization
The Nation-State and the Transnational State Apparatus
The Second Part of Polanyi’s Movement and International Human Rights
The TNS and the Global Neoliberal SSA
The Current Crisis and the TNS
Part Three: The Contemporary Social Structure of Accumulation in the United States
Eight: Labor in the Contemporary Social Structure of Accumulation
Business-Labor Relations in the Post World War II Social Structure of Accumulation: Conflict amid Stability
The Deregulatory Government Policy Regime of the 1980s: A Component of the Contemporary “Neoliberal” Social Structure of Accumulation
Employer Domination and Deunionization in the 1980s: Components of the Contemporary “Neoliberal” Social Structure of Accumulation
The Legacy of the Emergent Neoliberal Framework
Nine: The Rise of CEO Pay and the Contemporary Social Structure of Accumulation in the United States
Corporate Governance and Shareholder Value: The Conventional View Does Not Fit with Observations
Align the Interests of Managers and Shareholders: The Motto of the 1990s
The Joint Stock Corporation in the 1990s: Good Financial Performance but Moderate Improvement of Economic Efficiency
Top Executives Remuneration Explosion, Far Ahead of Performance Improvement and Average Wage Evolution
Under the Aegis of Shareholder Value, the Hidden Alliance between Managers and Financiers
The Power and Informational Asymmetry in Favor of Executives
The Power of Managers at the Firm Level: Converging Empirical Evidence
Clear Windfall Profits for Managers Benefiting from Stock Options
Since 1997, a Favorite Corporate Strategy: Distorting the Profit Statements
Power of Managers: From the Corporation to the Political Arena
Financial Liberalization has been a Prerequisite for CEO Compensation Explosion
When Economic Power is Converted into Political Power
Benefiting from a Tax System Redesigned in Favor of the Richest
An Emblematic New Accumulation Regime
The Core of a Finance-led Accumulation Regime: A New Alliance between Managers and Financiers
The Components of a Finance-Led Accumulation Regime
This Regime is Possible but Requires Specific Conditions
An Exclusively American Model That Entered into a Structural Crisis in 2007
This Model Cannot Diffuse Easily to the Rest of the World
The Success of this Regime Propels it into Financial Fragility and the Subprime Structural Crisis
Ten: Social Structures of Accumulation and the Criminal Justice System
SSA Theory, Capital Accumulation, and the Criminal Justice System
The Criminal Justice System across Phases of the Post-World War II SSA in the United States
Decay/Exploration Phase between the World Wars
Further Decay and Initial Exploration for Alternatives
Empirical Evidence of Historical Contingency in the U.S. Capital Accumulation-Criminal Justice System Relationship
Criminal Justice Expenditures, Employment, and Payrolls
Measure of Capital Accumulation
Part Four: Social Structure of Accumulation Theory and Transformations of the Capitalist Periphery
Eleven: The Social Structure of Accumulation in South Africa
The Social Structure of Accumulation and Apartheid South Africa
A Post-Apartheid Social Structure of Accumulation
Twelve: Social Structures of Accumulation and the Condition of the Working Class in Mexico
Long-Term Trends and Breakpoints in the Mexican Economy: 1921–2007
Social Structures of Accumulation and the Long Wave of Development During 1930–1980
The Unstable Growth Cycle During 1980–2007 and the Transition to a New SSA
Thirteen: Social Structure of Accumulation Theory for the Arab World: The Economies of Egypt, Jordan, and Kuwait in the Regional System
Applying SSA Analysis to the Arab World
PostIndependence SSA: State-Led Development
Growth and Accumulation under the PostIndependence SSA
State-Capital Relations under the PostIndependence SSA
Capital/Labor Relations under the PostIndependence SSA
Human Development, Income Distribution, and Poverty
Economic Relations within the Regional SSA
Erosion of the State-Led SSA and the Advent of Neoliberalism
Disintegration and Reconstruction of Regional Economic Relations, 1985–2000
Accommodation and Resistance to the Neoliberal Agenda
Growth, Accumulation, And the Crisis of Neoliberalism
Regional Economic Relations in the 2000s
The Regional SSA Amid the Structural Boom and Crisis of Neoliberalism
Prognosis for Building a New SSA