ABSTRACT

Focusing on models of/for economic development, the chapter explores theoretical, methodological and substantive empirical issues pertaining to the generation, circulation, translation and implementation of models in different socio-economic and cultural contexts. We argue that there is a need to reconceptualize basic assumptions about the economy, production, growth and distribution. Our starting point is the recognition that there are multiple models of capitalism and that these models have different social effects. While current debates focus on the knowledge economy, which is widely understood to have superseded industrial work and production, we reflect on the uneven but resilient presence of industrial production in times of crisis and economic turbulence.