Gunnar Myrdal Revisited: Cumulative Causation, Accumulation and Legitimisation
Journal title PARTECIPAZIONE E CONFLITTO
Author/s Guglielmo Forges Davanzati
Publishing Year 2013 Issue 2013/3
Language Italian Pages 20 P. 110-129 File size 439 KB
DOI 10.3280/PACO2013-003006
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The aim of this paper is to provide a reconstruction of Myrdal’s analysis of the factors determining the path of accumulation, in view of the pivotal role played by political institutions in promoting it. It will be shown that Myrdal’s theory of cumulative causation, combined with his idea that consensus on the existing social order is a "created harmon"”, is a powerful analytical tool in understanding a key contradiction of capitalist reproduction (particularly in a neo-liberal regime): namely the trade-off between accumulation and legitimisation.
Keywords: Gunnar Myrdal, accumulation, welfare state, political institutions
Jel codes: B25, H11, E25
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Guglielmo Forges Davanzati, Gunnar Myrdal Revisited: Cumulative Causation, Accumulation and Legitimisation in "PARTECIPAZIONE E CONFLITTO" 3/2013, pp 110-129, DOI: 10.3280/PACO2013-003006