Supply-side theories of monopoly capital : a critical appraisal of "sector analysis"

    Research output: Chapter in Book / Conference PaperConference Paperpeer-review

    Abstract

    This paper examines what Frankel (1987) calls the "Sector Analysis" with in order to elucidate certain problems with the Weberian conception of crises. Sector Analysis was essentially an attempt to theorise social democratic supply-side economic policies using Weber's concept of modernity. The argument is confined to examining the consistency of both the theory and its methodological basis. The first section outlines the theoretical antecedent of Sector Analysis. This is Weber's and Luhmann's theory of market economy and bureaucracy as a development of instrumental rationality. The second section examines Habermas's, Offe's and O'Connor's (Sector Analytical) appropriation of this theory. The third section, concluding section suggests that critical weaknesses in Weber's method present significant problems for sector analysis.
    Original languageEnglish
    Title of host publicationHeterodox Economics: Ten Years and Growing Stronger!, 10th Australian Society of Heterodox Economists Conference: Conference Proceedings, Refereed Papers, 5-6 December, 2011, The University of New South Wales, Sydney, Australia
    PublisherSociety of Heterodox Economists
    Pages216-226
    Number of pages11
    ISBN (Print)9780733430787
    Publication statusPublished - 2011
    EventAustralian Society of Heterodox Economists. Conference -
    Duration: 5 Dec 2011 → …

    Conference

    ConferenceAustralian Society of Heterodox Economists. Conference
    Period5/12/11 → …

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