GRRECGreen River Regional Educational Cooperative
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GRREC publishes a special series, "Regulation," in the ISMEA journal Economies et Societes, three issues of which are already available.
Gerard de Bernis is Professor of Economics at the Universite des Sciences Sociales de Grenoble and Chairman of the Institut de Sciences Mathematiques at Economiques Appliquees in Paris; he is also a founding member of GRREC. The author wishes to thank Joseph Halevi of the University of Sydney, for his role in commissioning the present article, and for having provided the stimulus and help needed to bring about this synthesis of research done within GRREC.
In their work the members of GRREC deny the existence of a "historic compromise" which through Fordism forged a painless symmetrical integration of capital and labor into the reproduction of capitalism in Europe and the United States.
GRREC does not consider that the relationships between different economic variables like the ones radical Fordists use-technological change, productivity, wage, consumption-can be analyzed without taking full account of what they call the "social procedures" of regulation.
In GRREC's view, institutional procedures and technological changes give way to both class struggle and capital competition.
But I think that in no way do GRREC's methodological and analytical tools accommodate regulation to functionalism.
But what is the approach taken by GRREC to the variables the radical Fordists utilize?
So, even considering its true class nature, Fordism does not inspire in GRREC the need to justify its predominance as a historical mode of regulation.