ABSTRACT
The fundamental facts of class structuration always exist simul taneously with a wide variety of other social practices located in the state and civil society. It is the existence of distinct modalities characteristic of the process of capital accumulation which serve to structure the rhythm of class formation within the overall pattern of social processes. The distinctive form of capitalist accumulation is that of the boom-recession cycle. It is the cyclical, crisis-prone character of capitalist development which produces corporate restructuring and therefore provides height ened opportunities for state intervention, class organization and alternate accumulation and investment strategies.
