Political Economy

A Comparative Approach

Political Economy cover

Political Economy

A Comparative Approach

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Description

This nontechnical book provides a comprehensive and interdisciplinary survey of political economy that can easily be understood by any reader with an introductory-level background in economics.

As 21st-century political debate becomes polarized across ideological lines, students and citizens need to understand the underlying values on which contending arguments are based. The current political gridlock calls for a deeper appreciation of the competing perspectives in political economy. Now revamped for a third edition, Political Economy: A Comparative Approach supplies a truly interdisciplinary examination of the development and evolution of political economy from the Enlightenment onward, drawing material from the realms of political theory, sociology, philosophy, and history as well as from economics to present detailed comparisons of competing perspectives on a variety of current issues.

The book begins with an introduction to political economy that provides readers with an overview of the historical development of the discipline, followed by in-depth analyses of four ideological perspectives in political economy—Classical Liberalism, Radicalism, Conservatism, and Modern Liberalism. The author then applies each of the four ideological perspectives to a range of contemporary issues, such as the role of government, economic instability, poverty, labor relations, discrimination, education, culture, the environment, and international trade. Readers will gain insight into the methods and practice of political economics as well as better understand the history of political/economic thought and the effects of historical processes—European industrialization, for example—on modern debates.

Table of Contents

Introduction
Part I • Political Economy: An Overview
Chapter 1 Politics, Economics, and Political Economy
Politics and Economics
The Revival of Political Economy
Chapter 2 The History of Political Economy
Origins of Political Economy
Classical Political Economy
The Radical Extension
The Conservative Response
Neoclassical Economics
Modern Political Economy
Part II • Contending Perspectives in Political Economy
Chapter 3 The Classical Liberal Perspective
Architects of Classical Liberalism
Principles of Classical Liberalism
Classical Liberalism Today
An Assessment of Classical Liberalism
Chapter 4 The Radical Perspective
Architects of Radicalism
Principles of Radicalism
Radicalism Today
An Assessment of Radicalism
Chapter 5 The Conservative Perspective
Architects of Conservatism
Principles of Conservatism
Conservatism Today
An Assessment of Conservatism
Chapter 6 The Modern Liberal Perspective
Architects of Modern Liberalism
Principles of Modern Liberalism
Modern Liberalism Today
An Assessment of Modern Liberalism
Part III • Contemporary Issues in Political Economy
Chapter 7 Government and the Market
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 8 Inflation and Unemployment
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 9 Poverty and Inequality
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 10 Labor and Industry
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 11 Minorities and Discrimination
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 12 The Political Economy of Gender
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 13 Education and Culture
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 14 Pollution and the Environment
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 15 International Trade and Development
The Classical Liberal Perspective
The Radical Perspective
The Conservative Perspective
The Modern Liberal Perspective
Chapter 16 Science, Ideology, and Political Economy
Economics as Ideology
Rejoinders from Economists
The Science of Political Economy
Conclusion
Selected Bibliography
Index

Product details

Published Mar 21 2016
Format Hardback
Edition 3rd
Extent 392
ISBN 9781440842726
Imprint Praeger
Dimensions 9 x 6 inches
Publisher Bloomsbury Publishing

About the contributors

Author

Barry Clark

BARRY CLARK is a professor of Economics at the Uni…

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