Includes bibliographical references (pages 611-615) and index.

Cover
Endorsement
Half Title
Title Page
Copyright Page
Table of Contents
Preface
Introduction
Market-Institutional Perspectives From Four Disciplines
The New Institutional Economics
Economic Sociology
Political Science
History
Three Types of Market Reform
Market Reform in the Advanced Industrial Countries
Market Development in Developing Countries
Contemporary Debates
Globalization
The Digital Revolution
New Challenges
Notes
Part I Contending Perspectives
1 The Classics
Notes Adam Smith, An Inquiry Into the Nature and Causes of the Wealth of Nations (1776)
Book One: Of the Causes of Improvement in the Productive Powers of Labour, and of the Order According to Which Its Produce ..
Chapter I: Of the Division of Labour
Chapter II: Of the Principle Which Gives Occasion to the Division of Labour
Book Four: Of Systems of Political Economy
Chapter II: Of Restraints Upon the Importation From Foreign Countries of Such Goods as Can Be Produced at Home Chapter IX: Of the Agricultural Systems, Or of Those Systems of Political Economy, Which Represent the Produce of Land, ..
Karl Marx and Friedrich Engels, "The Communist Manifesto" (1848)
I. Bourgeois and Proletarians
II. Proletarians and Communists
III. Socialist and Communist Literature
2. Conservative Or Bourgeois Socialism
3. Critical-Utopian Socialism and Communism
IV. Position of the Communists in Relation to the Various Existing Opposition Parties
Friedrich List, The National System of Political Economy (1841) Chapter XII: The Theory of the Powers of Production and the Theory of Values
Chapter XIV: Private Economy and National Economy
2 The Liberal Paradigm
Notes
Friedrich A. Hayek, The Road to Serfdom (1944)
III: Individualism and Collectivism
IV: The "Inevitability" of Planning
VI: Planning and the Rule of Law
Notes
Milton Friedman, Capitalism and Freedom (1962)
Government as Rule-Maker and Umpire
Action Through Government On Grounds of Technical Monopoly and Neighborhood Effects
Action Through Government On Paternalistic Grounds
Conclusion
Note 3 Economic Sociology
Notes
Karl Polanyi, The Great Transformation (1944)
I. Satanic Mill
Chapter 3: "Habitation Versus Improvement"
Chapter 4: Societies and Economic Systems
Chapter 5: Evolution of the Market Pattern
Chapter 6: The Self-Regulating Market and the Fictitious Commodities: Labor, Land, and Money
Notes
Neil Fligstein, The Architecture of Markets (2001)
2: Markets as Institutions
Market Institutions: Basic Definitions
State Building and Market Building
Power in Policy Domains and Market Institutions
Notes
References

"The Political Economy Reader advocates a particular approach to the study of political economy - the "market-institutional" perspective - which emphasizes the ways in which markets are embedded in political and social institutions. This perspective offers a compelling alternative to the market-liberal view, which advocates freer markets and less government intervention in the economy, as if states and markets were naturally at odds with each other. The reader embraces a truly interdisciplinary approach to the study of political economy, with extensive coverage from sociology, economics, history and political science. It includes some of the most important classical and contemporary theoretical perspectives on political economy. And it engages some of the most topical debates in political economy today, such as climate change, the global financial crisis, inequality, the digital platform economy, and the COVID-19 pandemic. For political economy courses at a variety of levels and from a range of disciplines, the reader is also of interest to scholars and citizens wanting perspective on the intersection of economics, politics, and society"-- Provided by publisher.

CAS Bachelor of Arts in Political Science

Text in English