La crisis en perspectiva
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Abstract
The extent of the financial crisis has provoked different rhetoric on the necessary regulation of capitalism, even on its refounding. However, putting this into practice leads to diverse obstacles that can be identified from an analysis of the crisis as a structural and not solely financial crisis. Bearing in mind the interdependence of the financial economy and the actual economy, only stock exchanges and banks can be regulated. The source of the crisis lies in the distribution of revenues between capital and work and in global imbalances. In both cases, regulation involves redirecting production and distribution towards the meeting of less profitable, social needs. Nevertheless, this unlikely return to «Keynesianism-Fordism» involves modifying the extent of social power relationships. In the immediate future, the sole project of capitalism involves re-establishing the working conditions of a model that it has, however, driven to the crisis.
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