Abstract

AbstractThroughout the past two decades, Bob Jessop has drawn considerable attention to the compatibility between French Régulation (FR) and Critical Realist approaches (CR), arguing that FR implicitly works within a critical realist ontology, epistemology and methodology. Inspired by his insights, I argue that a Spinozian‐led Immanent Causality Morphogenetic Approach (ICMA) provides a fruitful avenue for further regulationist research and represents a promising effort to ground FR in (meta)theory, whereby, ontologically speaking, the ICMA explores how structure and agency emerge, intertwine and redefine each other in and over time. The two approaches mutually reinforce each other: ICMA is able to provide FR with a solid theoretical and metatheoretical foundation, while FR, can enrich the ICMA with its direct engagement with capitalism related studies and a well‐developed terminology in the field. The value added of ICMA can be seen in four points: it (1) clarifies the distinction between extensive and intensive regimes of accumulation and the speed of technological change, (2) specifies the problematique of hierarchy and stability of the dominant bloc, (3) fleshes out the problematique of endometabolism and hybridity, and (4) provides the researcher with a methodological framework to absent the necessary relations at the level of conditioning.

Highlights

  • French Régulation is one of the leading heterodox approaches in the study of capitalism

  • Throughout the past two decades, he has drawn considerable attention to the compatibility between French Régulation (FR) and Critical Realist approaches (CR),2 arguing that FR implicitly works within a critical realist ontology, epistemology and methodology as it rests on the premise of ontological depth and a commitment to retroduction (2006, p. 301)

  • On the other hand, refer to the persistent engagement of some ideas across the tripartite cycle. It speaks to situations where actors embedded in corporate agency attempt to navigate through the results accrued from the level of interaction by consciously thinking about the immanent cause that have been present in the Against the backdrop of the above, the value ‘addedness’ accrued from embedding FR within the Morphogenetic Approach (MA) and Immanent Causality Morphogenetic Approach (ICMA) can be realized through a series oftheoretical innovations coupled with methodological implications

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Summary

Introduction

French Régulation (hereafter: FR) is one of the leading heterodox approaches in the study of capitalism. It speaks to situations where agents’ perceived understanding of system integration (whether activated structures are compatible or not) and social integration (whether agents perceive their social action towards system integration to be necessary or contingent) is always in relation to their reflection about the internal relations of the conditioning level.

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