•   •   •   •

Download the Paper (626 K, PDF file) - May 11, 2007 Tell a colleague about it. Printing Tips: Select 'print as image' in the Acrobat print dialog if you have trouble printing.

ABSTRACT:
The knowledge-led accumulation regime (KLAR) is a new accumulation regime that emerged as a way out of the crisis of Fordism. Even though it has a polarization tendency, KLAR has elements of an alternative development model beyond both Fordism and neoliberalism, since it could upgrade workers’ knowledge and enhance autonomy of workers. I attempted to propose a theory of KLAR that is an economic base of contemporary capitalism. Based on the Regulation theory with a relational approach and a micro-macro nexus analysis, I investigated the structures and dynamics of KLAR on the micro-and macro-level. On the micro-level, the analysis focused on the knowledge firm in which knowledge capital and knowledge labor interacts in employment relations. On the macro-level, I tried to show how the macroeconomic circuit of KLAR is completed. Moreover, the directions of institution building for a sustainable KLAR were suggested. Lastly, I clarified how institutional diversity results in alternative KLARs.

SUGGESTED CITATION:
Hyungkee Kim, "The Knowledge-Led Accumulation Regime: A Theory of Contemporary Capitalism" (May 11, 2007). Institute for Research on Labor and Employment. Institute for Research on Labor and Employment Working Paper Series. Paper iirwps-158-07.
http://repositories.cdlib.org/iir/iirwps/iirwps-158-07