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1This ninth issue of the Revue de la Régulation. Régulation Review provides an opportunity for further reflection on the transformations of contemporary capitalism through an examination of the concept of corporate social responsibility (CSR) and its ability to play a role in the shaping of new compromises. The CSR institutionalisation process grants normative power to the companies and their management, notably at the expense of labour representatives. This important issue of power is thus explored in our special section, ‘Corporate social responsibility, regulation and diversity of capitalism’. As the title indicates, two central ideas, or questions, run through the articles in this section. On the one hand, the variety of practices and normative processes clearly seems to support the thesis of the diversity of capitalisms, a diversity which is illustrated by the multiple sectors and national arenas studied here. On the other hand, the issues of regulations, norms and power which are addressed in the domain of CSR raise questions about the regulation of capitalism (see the introductory essay, in French).

2Following this special section, several articles extend the analysis of different aspects of the crisis of capitalism, which is closely related to the crisis of the representations of the economy. Once again, the tensions proper to financialisation come to the fore.

3Thus, José Castro Caldas, Vítor Neves and José Reis show how a synthesis of neo-Keynesianism and neoclassical theory has established itself as the ‘right method’ in economics, albeit by excluding a good part of economic thought. The authors, on the other hand, defend an economics which would be more robust but also more cautious, because it is more rooted in the understanding of institutions, institutional configurations and their diversities.

4If the real crisis today is often perceived as the consequence of the banking and financial crisis, Patrick Castes argues that its origin lies first of all in the falling rates of profit and interest in the leading capitalist countries. In this sense, the crisis is real before being financial.

5For Michel Freyssenet and Bruno Jetin, the American automobile manufacturers were not victims of the financial crisis which supposedly prevented them from getting back on their feet. Here too, the causes are real: they are tied to the new forms of competition, notably international, and outsourcing processes. However, they are also rooted in the spread of an economy of household debt. The Big Three automakers’ strategy thus contributed to the advent of the crisis because it helped to shape this same ‘new economy’ which has been hit by the crisis. In the end, the forms of industrial crisis and financial crisis cannot be dissociated.

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« Editorial »Revue de la régulation [En ligne], 9 | 1er semestre / Spring 2011, mis en ligne le 28 décembre 2012, consulté le 23 avril 2024. URL : ; DOI :

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