A New Theoretical Analysis of Deindustrialization

Fiona Tregenna

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Abstract

The analysis of deindustrialization has been led by heterodox economists, especially those in the structuralist and Kaldorian traditions,base donaconception of sectoral specificity and therole of manufacturing in growth. Sectors are not the units of Marxian economic analysis, but thinking through the meaning of sector sinMarxianterms allows for an analysis of the meaning and implications of a change in sectoral structure. Deindustrialisation is the sectoral shift thath as been most prominentin recent decades and which is likely to have significant implications for the future of capitalism.This article develop sanorjginal Marxian the orization of deindustrialisation.This conceptualization includes a distinction between two forms of deindustrialisation. As well as taking into account changes insectoral structure, the proposed typology considers whether such changes are associated with a shift between those activities that produce surplus value and those that donotoronly a shift in the composition of surplus-value-producing activities. The distinction between different forms of deindustrialization allows for an arguably richer analysis of this phenomenon than in more narrowly sector-based approaches.
Original languageEnglish
Pages (from-to)30-48
Number of pages19
JournalJournal of Economics of Shanghai School
Volume14
Issue number1
Publication statusPublished - 2016
Externally publishedYes

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de-industrialization
surplus value
economist
capitalist society
typology
manufacturing
economics

Keywords

  • Deindustrialisation
  • Heterodox Economics
  • Marx Sectors
  • Manufacturing

Cite this

A New Theoretical Analysis of Deindustrialization. / Tregenna, Fiona.

In: Journal of Economics of Shanghai School, Vol. 14, No. 1, 2016, p. 30-48.

Research output: Contribution to journalArticle

Tregenna, Fiona. / A New Theoretical Analysis of Deindustrialization. In: Journal of Economics of Shanghai School. 2016 ; Vol. 14, No. 1. pp. 30-48.
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