Focusing on sustainability, this book explores the future of China in light of the successful reforms undertaken in the last 30 years. It combines Chinese economic history and macroeconomic theory in order to show how economic transformations and institutional changes are intertwined in developing capitalism.

Michel Aglietta's path-breaking book is the first attempt at a rigorous historical theory of the whole development of US capitalism, from the Civil War to the Carter presidency. A major document of the "Regulation School" of heterodox economics, it was received as the boldest book in its field since the classic studies of Paul Baran, Paul Sweezy and Harry Braverman.

This edition includes a substantial postface by Aglietta, which situates regulation theory in the context of twenty-first-century capitalism.

China is entering a phase where deep structural changes will arise throughout society. These multi-fold processes will be intertwined in a globalized world, impacted by the transformation of capitalism in the aftermath of the financial crisis and under the threat of severe environmental damage.

Focussing on sustainability, this book explores the future of China in light of the successful reforms undertaken in the last thirty years. It combines Chinese economic history and up-to-date macroeconomic theory in order to show how economic transformations and institutional changes are...

A powerful and progressive programme for the Eurozone