Regulatory-system innovation is needed to sustain capitalism’s profit logic

Evidence

Furthermore, if labour control is fundamental to the production of profits and becomes a broader issue for the mode of regulation, so technological and organizational innovation in the regulatory system (such as the state apparatus, political systems of incorporation and representation, etc.) becomes crucial to the perpetuation of capitalism. The ideology that ‘progress’ is both inevitable and good derives in part from this necessity. — David Harvey, The Condition of Postmodernity, 1139

Categorization

• XREF: connects to: Regulation theory explains how unstable capitalism achieves temporary coherence. — David Harvey, The Condition of Postmodernity: An…, 732; Industry self-regulation fails because profits trump standards and overseers lack authority — Albert Bandura, Moral Disengagement: How People Do Harm…, 986; Capitalism perpetually seeks new privatization frontiers like water and seeds — Clara E. Mattei, Escape from Capitalism, 81 (+4 more)

Broader Connections

• Industry self-regulation fails because profits trump standards and overseers lack authority #expands (0.80) — Albert Bandura, Moral Disengagement, 986