search query: @indexterm economic conditions / total: 1703
reference: 228 / 1703
| Author: | Boyer, R. |
| Title: | Is a finance-led growth regime a viable alternative to Fordism? A preliminary analysis |
| Journal: | Economy and Society
2000 : FEB, VOL. 29:1, p. 111-145 |
| Index terms: | ECONOMIC CONDITIONS SHAREHOLDER VALUE FINANCIAL CRISES |
| Language: | eng |
| Abstract: | The viability and desirability of a finance-led growth regime is first assessed against the historical evidence about the many alternative regimes that have been proposed as successors to Fordism. A purely hypothetical model is then built by assembling various hypotheses derived from the observation of current American trends. The imposition of financial norms, such as shareholder value, requires a new and coherent architecture for the mode of governance of firms, the form of competition, the wage labour nexus and objectives of monetary policy, public budget and tax system. |
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