%0 Journal Article
%T Stagnation and Institutional Structures
%A David M. Kotz
%A Deepankar Basu
%J Review of Radical Political Economics
%@ 1552-8502
%D 2019
%R 10.1177/0486613416673472
%X The stagnation in the US economy since 2008 has given rise to a mainstream stagnation literature. This paper offers a critique of that literature and proposes an explanation for the current stagnation based on social structure of accumulation (SSA) theory. It presents historical and econometric evidence for an SSA-based explanation of the current stagnation and considers the implications for the likely near-future course of economic policy and institutional change. JEL Classification: E11, E39, O4
%K accumulation
%K stagnation
%K social structure of accumulation
%U https://journals.sagepub.com/doi/full/10.1177/0486613416673472