A Theoretical Examination of the Perspectives on Political Economy

A Theoretical Examination of the Perspectives on Political Economy

In this joint work, we discussed the mercantilist, liberal and Marxist frameworks in political economy, pointing out the peculiar features of each approach. In conclusion, we contend that political economy involves a reciprocal relationship, whereby politics determines the framework of activities, o...

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Veröffentlicht in:Journal of social sciences (Delhi, India) India), 2003-07, Vol.7 (3), p.239-248
Hauptverfasser: Akindele, S.T., Obiyan, A.S., Olaopa, O.R., Asaolu, T.O.
Format: Artikel
Sprache:eng
Schlagworte:
dialectical process
historical materialism
Liberalism
Marxism
Mercantilism
Political Economy
reciprocol relationship
Theoretical Problems
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Zusammenfassung:In this joint work, we discussed the mercantilist, liberal and Marxist frameworks in political economy, pointing out the peculiar features of each approach. In conclusion, we contend that political economy involves a reciprocal relationship, whereby politics determines the framework of activities, on the one hand, and economic processes transform the power relationship among groups, on the other
ISSN:0971-8923
DOI:10.1080/09718923.2003.11892386