CAPITALISM AND ITS FUTURE - REMARKS ON REGULATION, GOVERNMENT AND GOVERNANCE

The article relates capitalism's distinctive dynamic to the nature of the wage relation and self-valorization of capital. Capitalism has no final telos: its future remains open in the face of structural changes and social struggles. This source of capitalist dynamism also opens i t to external influence. Some key changes in the 'government and gover nance' of economics and politics are also discussed. These include: th e denationalization of statehood, a partial de-statization of politics , and the internationalization of policy regimes. Among counter-trends are the survival of the national state as an instance of meta-governa nce.