Abstract
This paper examines the “social structure of accumulation” in Canada in the post-World War II period. It is argued that the rapid rates of economic growth achieved between 1945 and the early 1970s were based upon an institutional setting which stabilized conflict and provided the basis for high rates of productivity and profitability. Subsequently, Canada’s worsening economic performance is traced to the breakdown in this institutional setting. Particular emphasis is placed upon the erosion of the capital-labour “settlement” and increasing labour militancy. The paper concludes by examining whether the economic recovery since 1983 represents the emergence of a new social structure of accumulation based upon greater capital mobility, reduced social spending, and a coercive system of industrial relations.
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