The liberal decade: Towards a capitalism in polarisation

This lecture delivered at a Paris conference in 1991 analyses – on the basis of statistical data – the trend which is described in the international literature as the arrival of the age of "post-Fordism". In the author's view, the essence of the change of system lies in the fact that – in contrast to the Keynes-Ford model -the welfare model which used to seem to guarantee both some kind of relative equality ideal and the requirement of economic progress can no longer be coherent and therefore compatible with the demands of the capital. (In harmony with Amin's article on Trans-nationalisation"), the author calls attention to the halt in growth which is a new phenomenon.