Theories of Political Economy"Political economy" has been the term used for the past 300 years to express the interrelationship between the political and economic affairs of the state. In Theories of Political Economy, James A. Caporaso and David P. Levine explore some of the more important frameworks for understanding the relation between politics and economics, including the classical, Marxian, Keynesian, neoclassical, state-centered, power-centered, and justice-centered. The book emphasizes understanding both the differences among the overall frameworks of the theories and the issues common to them. |
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Contents
Introduction | 1 |
Politics and economics | 7 |
The classical approach | 33 |
Marxian political economy | 55 |
Neoclassical political economy | 79 |
Keynesian political economy | 100 |
Economic approaches to politics | 126 |
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Common terms and phrases
achieve action activities affect agents allocation allows approach argues argument authority becomes behavior benefits capital capitalist central chapter choice classical collective commodities competitive concept concerning consider consumers contract costs decisions defined demand depends determined direct distinction distribution economic economists efficiency ends equal example exchange exist failure firms forces given idea identify implies important income individual institutions interest investment involves issues justice labor less limits Marx Marxian Marxism material means method nature neoclassical notion objective organization outcomes output particular persons political economy position possible preferences Press principle problem production profit property rights question rational relations requires result rules satisfaction satisfy sense separate social society structure theory things thinking treat University wage wants wealth welfare workers
References to this book
Bibliographic information
| Title | Theories of Political Economy |
| Authors | James A. Caporaso, David P. Levine |
| Edition | illustrated, reprint |
| Publisher | Cambridge University Press, 1992 |
| ISBN | 0521425786, 9780521425780 |
| Length | 243 pages |
| Subjects | › › Business & Economics / Development / Economic Development Political Science / Comparative Politics Political Science / Public Policy / Economic Policy |
| Export Citation | BiBTeX EndNote RefMan |