Research On The Economic Thought Of French Regulation School

French Regulation School was established in the 1970 s by scholars represented by the French economist Michel Aglietta.The publication of Aglietta’s “The Regulation Theory of Capitalism: American Experience” in 1976 marked the official establishment of French Regulation School.Which is influenced by the international economic situation in the 1970 s,mainstream economics could not find corresponding explanations and solutions to deal with the unprecedented economic crisis.At that time,some young Marxist scholars in France held high banner of Marxist economics and summed up the causes of the oil crisis,tried to discover the law of economic operation.They combined politics and other factors from a historical perspective and believed that it was inevitable that the American Fordism accumulation system would be completely disintegrated under the historical conditions at that time.After the 2008 financial crisis,French Regulation School deeply analyzed the financial dominant accumulation system and successfully explained the reasons for its failure from the perspective of capital accumulation and distribution.However,in the process of the development of French Regulation School,its internal theory became more and more weak.In addition,influenced by other outside schools,French Regulation School had to adjust its own theory.The representative of the new generation of French Regulation School deepened the research content,re-constructed institutional economics and studied the theory of capitalist diversity,they achieved a series of gratifying results.Therefore,French Regulation School had received much attention from the academic circles.Chinese civilization is old and long,compared with Western countries,China has formed a unique social governance structure and economic operation mode for thousands of years,French Regulation School paid more attention on China economic society especially on Reform and Opening which has played a vital role in China economic development and researches.French Regulation School has analyzed the changes in China’s economic system and social policy since Reform and Opening with a unique research perspective and method,which has inspired new changes in China’s social and economic construction.Therefore,through the study of French Regulation School economic thoughts,on the one hand,get its basic ideas and theories,enrich the study of Marxist economics in China;on the other hand,provide new ideas and suggestions for the study of China socialist road and China style economic development.