Institutional change in the systemic crisis of neoliberalismradical political economics and post-marxism

  1. Pedro María Rey Araújo 1
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Journal:
Documentos de Traballo. Análise Económica

ISSN: 1138-0713

Year of publication: 2015

Issue: 59

Pages: 1-41

Type: Working paper

More publications in: Documentos de Traballo. Análise Económica

Abstract

Profound institutional transformation is a necessary corollary to the ongoing systemic crisis of neoliberal capitalism. This paper considers together the works of the Social Structures of Accumulation theory and those of Ernesto Laclau in the light of the current systemic crises, in order to illuminate some under-theorized issues regarding institutional change. Combining the former’s attention to the internal requirements of the accumulation process with the latter’s discursive approach to hegemony, it is argued, turns to be a promising route to apprehend the subtleties of deep institutional transformation. In particular, issues regarding the recognition of the heterogeneity of struggles un SSA theory, together with its understanding of the political struggle in times of SSA decay, will be re-casted in new light.