1. Introduction
The Varieties of Capitalism (VoC) school may one day be judged yet another of those traditions of political economy imported to South Africa – such as Articulations of Modes of Production (early 1970s), Fractions of Capital (mid-1970s), Social History (1980s) and Regulation Theory (late 1980s-early 1990s) (about which see Bond 2011 for a review) – that at the time provide new insights worth considering, but that fail as a framing strategy because they are not ambitious enough or, alternatively, they say too much and hence too little. More