This collection of essays looks at recent developments in the crisis theory of capitalist development and relates such theories directly to the current patterns of economic, political technological and cultural changes associated with societal restructuring in industrialized countries.

Every now and then, a book comes along that you positively want to be asked to read and review, and this is one of them a major work of scholarship in its own right, while at the same time, a ground-clearing exercise for what is to follow. . . . This, it should be emphasized, is a hugely impressive body of work, an expansive statement of Jessop s contribution as a major figure within the world of regulation approaches. Ray Hudson, Economic Geography This book presents a detailed and critical account of the regulation approach in institutional and evolutionary economics. Offering both a theoretical commentary and a range of empirical examples, it identifies the successes and failures of the regulation approach as an explanatory theory, and proposes new guidelines for its further development. Although closely identified with heterodox French economists, there are several schools of regulation theory and the approach has also been linked to many topics across the social sciences. Bob Jessop and Ngai-Ling Sum provide detailed criticisms of the various schools of the regulation approach and their empirical application, and have developed new ways of integrating it into a more general critical exploration of contemporary capitalism. The authors go on to describe how the regulation approach can be further developed as a progressive research paradigm in political economy. Also presented is a detailed philosophical as well as theoretical critique of the regulation approach and its implications for the philosophy of social sciences and questions of historical analysis (especially periodization). Addressing the implications of the regulation approach for both the capitalist economy and the changing role of the state and governance, this book will be of great interest to a wide-ranging audience, including institutional and evolutionary economists, economic and political sociologists and social and political theorists.

This text is part of a series of five volumes which offers a comprehensive overview of the regulation approach to capitalism and its crisis-tendencies. Edited by a major British contributor to the approach, the volumes contain not only key theoretical and empirical works from French regulationists but also representative work from other regulation schools and scholars. They also feature major critiques of the approach.

First Published in 1995. Routledge is an imprint of Taylor & Francis, an informa company.

There is no doubt that significant socio-economic changes have occurred over the last twenty years in the UK and other advanced capitalist societies. Consequently, Fordism, a bureaucratic, hierarchical model of industrial development has matured into Post-Fordism, with its greater emphasis on the individual, freedom of choice and flexibility, generating fresh debate and analysis. Towards a Post-Fordist Welfare State represents leading authors from a number of disciplines - social policy, sociology, politics and geography - who have played a key role in promoting and criticising Post-Fordist theorising and presents a thorough examination of the implications of applying Post-Fordism to contemporary restructuring of the British welfare state. The work will appeal to a wide-ranging readership providing the first social policy text on Post-Fordism. It will be key reading for undergraduates, postgraduates and lecturers in social policy and administration, sociology, politics and public sector economics

Focusing on the working-class experience of gentrification, this book re-examines the enduring relationship between class and the urban. Class is so clearly articulated in the urban, from the housing crisis to the London Riots to the evocation of housing estates as the emblem of ’Broken Britain’. Gentrification is often presented to a moral and market antidote to such urban ills: deeply institutionalised as regeneration and targeted at areas which have suffered from disinvestment or are defined by ’lack’. Gentrification is no longer a peripheral neighbourhood process: it is policy; it is widespread; it is everyday. Yet comparative to this depth and breadth, we know little about what it is like to live with gentrification at the everyday level. Sociological studies have focused on lifestyles of the middle classes and the working-class experience is either omitted or they are assumed to be victims. Hitherto, this is all that has been offered. This book engages with these issues and reconnects class and the urban through an ethnographically detailed analysis of a neighbourhood undergoing gentrification which historicises class formation, critiques policy processes and offers a new sociological insight into gentrification from the perspective of working-class residents. This ethnography of everyday working-class neighbourhood life in the UK serves to challenge denigrated depictions which are used to justify the use of gentrification-based restructuring. By exploring the relationship between urban processes and working-class communities via gentrification, it reveals the ’hidden rewards’ as well as the ’hidden injuries’ of class in post-industrial neighbourhoods. In doing so, it provides a comprehensive ’sociology of gentrification’, revealing not only how gentrification leads to the displacement of the working class in physical terms but how it is actively used within urban policy to culturally displace the working-class subject and traditional