“Main Street and the 99 Percent Can Learn From This Book”

tabb-restructuring-topThe Restructuring of Capitalism in Our Time.” William K. Tabb; New York: Columbia University Press, 2012. 276 pages plus references and index. ISBN 978-0-15842-8 (cloth, $35) and 978-0-231-52803-0 (electronic, $28).

Read the review of “The Restructuring of Capitalism in Our Time” by Christopher Gunn in Review of Radical Political Economics:

Tabb draws on conceptual frameworks that he finds most appropriate to the tasks at hand. His broad historical perspective is shaped using a social structures of accumulation (SSA) approach. This helps him highlight what was different about the era of neoliberalism, one we are having trouble shedding. Failed or failing social structures of accumulation inevitably involve crises, and we continue to live with one of the worst of them in both the U.S. economy and the global economy. To the extent that neoliberalism worked as anRRPE_v46_72ppiRGB_powerpoint accumulation regime in the United States it did so from approximately 1980 to 2000. The 2001 recession ended with a collapsing bubble in stocks, and more recently one began with the real estate bubble that imploded. Tabb explains each recent failure in light of attempts to keep the capitalist economy growing and profits flowing.


Too often economists write primarily for their peers, forgetting where the impetus for change is likely to originate. Main Street and the 99 percent can learn from this book, and use it to focus their work for change. The book would also be useful in the classroom, at both undergraduate and graduate levels. Tabb’s many years as a teacher shine through, giving this book a wide potential audience.

Read the review of “The Restructuring of Capitalism in Our Time” from the Review of Radical Political Economics for free by clicking here. For more reviews and articles like this, click here to sign up for e-alerts from Review of Radical Political Economics.

This entry was posted in Book Review, Peer Review, Scholarship, Teaching & Learning and tagged , , , by Cynthia Nalevanko, Senior Editor, SAGE Publishing. Bookmark the permalink.

About Cynthia Nalevanko, Senior Editor, SAGE Publishing

Founded in 1965, SAGE is the world’s leading independent academic and professional publisher. Known for our commitment to quality and innovation, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students across a broad range of subject areas. With over 1500 employees globally from principal offices in Los Angeles, London, New Delhi, Singapore, Washington DC, and Melburne, our publishing program includes more than 1000 journals and over 900 books, reference works and databases a year in business, humanities, social sciences, science, technology and medicine. Believing passionately that engaged scholarship lies at the heart of any healthy society and that education is intrinsically valuable, SAGE aims to be the world’s leading independent academic and professional publisher. This means playing a creative role in society by disseminating teaching and research on a global scale, the cornerstones of which are good, long-term relationships, a focus on our markets, and an ability to combine quality and innovation. Leading authors, editors and societies should feel that SAGE is their natural home: we believe in meeting the range of their needs, and in publishing the best of their work. We are a growing company, and our financial success comes from thinking creatively about our markets and actively responding to the needs of our customers.

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