ABSTRACT
The aim of régulation theory is to develop an economic approach that reflects the historical and institutional conditions that determine how the dynamics of production and demand in an economy interact. To attain this objective, régulation theory employs two major concepts: the accumulation regime and the mode of régulation. The danger is that the regulationist approach is reduced to a combination of accumulation regimes and modes of régulation, with one bearing economic weight and the other institutional and historical determinants.
