This paper explores the potential for integrating the theory of “organizational capabilities”into the Social Structures of Accumulation (SSA) approach. While the latter is well known in Marxian scholarship, capability theory is less so. In one useful definition, "an organizational capability refers to the ability of an organization to perform a coordinated set of tasks, utilizing organizational resources, for the purpose of achieving a partitular end result" < Helfat and Peteraf 2003，999).Dating back at least to Edith Penrose (1959)，capability theory is often pursued within the context of evolutionary economics (Nelson and Winter 1982)，as it focuses on path- dependent development of the firm's ability to survive within its competitive environment. I argue that capability theory can deepen an SSA understanding of how the institutional structure of capital accumulation reaches into, and is in turn affected by, competitive dynamics at the firm and industry levels. This argument is illustrated with two preliminary applications; to the breakdown of the post-war SSA in the U. S.，and the likely pressures of climate change in the construction of a new SSA after the current crisis.
|Exploring a Role for Capability Theory in the SSA Approach
|Journal of Economics of Shanghai School
|Published - 2009