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Social regulation and accumulation by spoliation: reflection on the essence of the theses of financialization and the nature of the state in the characterization of contemporary capitalism

The article is structured from David Harvey's interpretation of the nature of contemporary capitalism, particularly his proposal that this nature is essentially predatory. This proposition is confronted and qualified by the theses of financialization expressed in the contribution by François Chesnais. Thereafter it is shown how the discussion of the State, its mode of operation, especially its functions of social regulation, introduces key elements of "politics fields" in the characterization of contemporary capitalism. In doing so, there is an incorporation of theoretical elements of Joachim Hirsch, concerning the process of social regulation, showing that for him there is a "system of social regulation" diversified, which makes the issue of regulation more complex than usually recognized. The article thus seeks to show that the association between the theories of social regulation and accumulation by dispossession can broaden the scope of characterizing the process of social reproduction in capitalism today, as well as the analysis of their conditions to overcome the crisis.

Accumulation by spoliation; social regulation; contemporary capitalism


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