Endogenous Change: Time, Age, and the Self-Undermining of Institutions

Wolfgang Streeck

in Re-Forming Capitalism

Published in print March 2010 | ISBN: 9780199573981
Published online October 2011 | e-ISBN: 9780191702136 | DOI:
Endogenous Change: Time, Age, and the Self-Undermining of Institutions

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In the context of institutions, individual and collective action supposedly brought about intended or unintended change in institutions. Understanding such change then requires a thorough investigation of the relationship between social rules and social action, looking specifically into how human action becomes rule-making, rule-taking, and rule-breaking, or simply the implications of following a rule and how this affects the rule itself. However, the way that actors would respond to such social rules remain unpredictable, allowing for unanticipated consequences and other possible effects. This chapter attempts to explain the implications of social rules through the five sectors while showing how studying gradual change is essential in understanding the importance of time for social structures and how this may suggest a move from a system perspective to a process perspective.

Keywords: institutional change; endogenous change; time; social rules; social action; process perspective

Chapter.  5791 words. 

Subjects: Political Economy

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