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REGIMES OF ACCUMULATION AND MODES OF REGULATION Regulation theory discusses historical change using two central concepts: Regimes of Accumulation (ROA) and Modes of Regulation (MOR). ROAs are particular forms in which capital organises and expands for a period of time, exhibiting some degree of stability. A key example of an ROA from the work of the Regulation theorists is ' Fordism '. MORs are those constructs of law, customs, forms of state, policy paradigms and other institutional practices which provide the context of the ROA's operation. Generally speaking, MORs support ROAs by providing a conducive and supportive environment. But sometimes, there is a tensions between the two, and this means that something must give. The change to and from Fordism is explained by the School in these terms. This theoretical construct closely parallels Marx's characterisation of the historical change as driven by 'contradictions' between the Forces and the relations of production (see '' Historical Materialism ''). MEMBERS OF THE REGULATION SCHOOL
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