SASE's 21st Annual Meeting
Capitalism in Crisis: What's Next?
Economic Regulation and Social Solidarity after the Fall of Finance Capitalism
July 16-18, 2009 - Sciences Po Paris, France
To paraphrase the ancient Chinese curse, we have the questionable privilege of living in interesting times. As the recent financial crisis made agonizingly clear, the future of capitalism is up for grabs and, at a minimum, the years of neoliberal triumph have come to an end. One craves a lantern at this dark and troubling moment, and the 2009 annual conference of the Society of the Advancement of Socio-Economics will provide illumination into the crisis and its aftermath.
First, we encourage scholars to explore the causes for the current economic decline and their implications for modes of regulating advanced capitalist economies. What has been the impact of globalization without regulation and does the current crisis signal a death knell for laissez-faire capitalism? How have different countries and regions attempted to manage the transition to post-industrial capitalism and what models have worked best to weather the current economic upheaval? What will be the role of the state and political contestation in the transition to a new regulatory regime and in managing post-financial, post-industrial capitalism?
Second, we welcome contributions that consider whether economic efficiency can be reconciled with social solidarity under the new rules of capitalist competition. Institutional arrangements supporting managed capitalism have been challenged by new market pressures, neo-liberal ideology, and economic, social and political uncertainties. What is the future for the social and political institutions that support egalitarian forms of capitalism? How do contemporary developments resonate with historical turning points that gave rise to the development of key social and political institutions? We also welcome contributions that compare evolving forms of capitalism in developing and transition societies, and papers that contrast institutional development in these countries with changes in developed countries. Scholars might choose to investigate the challenges posed by globalization, the transition to a service economy, immigration, financial integration (and disintegration), and religious or ethnic strife – and to explore how various institutional realms at the national and international levels interact and respond to contemporary challenges.
Finally, while the literature on "models" or "varieties" of capitalism is vast, it has paid little attention to the dynamics of change in contemporary capitalism and, rather, has identified distinctive – yet static – constellations that are linked to varied political and policy outcomes. The enormous problems we face in the twenty-first century require scholars to move beyond the traditional comparative-statics "comfort zone" of institutional analysis. We invite scholars to bring insights from their specific empirical studies to develop new concepts and tools for analyzing institutional change today.
Patrick Le Galès, Cathie Jo Martin
Local Organizing Committee:
Sophie Dubuisson, Pierre François, Emiliano Grossman, Nicolas Jabko, Christine Musselin, Bruno Palier, Michael Storper, and Cornelia Woll