Social Structures of Accumulation (SSA) Theory posits that while capitalism is fundamentally unstable and prone to crisis, the accumulation process can find medium-term stability through the coalescence of sets of institutions – an SSA. Eventually, a crisis occurs which reflects the contradictions of these institutions, and the resolution of that crisis occurs when a new institutional framework can resuscitate the profit rate and accumulation. Looking at both the Global North and Global South begin with institutions of Monopoly Capitalism and trace the history of the Great Depression of the 1930s, Regulated Capitalism, the stagflation crisis of the 1970s, Neoliberal Capitalism, and the financial crisis of 2008 and ensuant Great Recession, showing how each followed from the previous. Use examples to reinforce your points.
