Overview

This Handbook provides an overview of established and cutting-edge contributions to political economic thought. Chapters by leading and emerging scholars showcase the diverse approaches and productive debates among researchers.   Separate sections of the book deal with political economy as an area of knowledge, its principal theoretical traditions, the dynamics and socio-ecological foundations of economic systems, and political economy’s interdisciplinary connections. Thirty-two chapters cover the full spectrum of contemporary political economy, including classical, Marxist, post-Keynesian, institutional, evolutionary, and feminist approaches, recent studies of capital as power, modern money theory, behavioural economics, social structures of accumulation, and race, gender and class. The volume concludes by reflecting on how these theories of political economy can contribute to making a better world.   Pluralist and interdisciplinary in its approach, this Handbook is a key resource for students and teachers of political economy and heterodox economics, as well as for other social scientists wanting to understand political economic processes.

Full Product Details

Author:   Frank Stilwell ,  David Primrose ,  Tim B. Thornton
Publisher:   Edward Elgar Publishing Ltd
Imprint:   Edward Elgar Publishing Ltd
Dimensions:   Width: 16.90cm , Height: 3.40cm , Length: 24.40cm
Weight:   1.028kg
ISBN:  

9781789909050

ISBN 10:   1789909058
Pages:   520
Publication Date:   13 May 2022
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Contents: PART I POLITICAL ECONOMY AS AN AREA OF KNOWLEDGE 1 Introduction to the Handbook of Alternative Theories of Political Economy 2 Frank Stilwell, David Primrose and Tim B. Thornton 2 Capitalism, climate change and freedom 16 Elke Pirgmaier PART II IDENTIFYING FOUNDATIONAL APPROACHES TO POLITICAL ECONOMY 3 Classical political economy and its ongoing relevance 33 Jamie Morgan 4 The Marxist tradition in political economy 51 Bill Dunn 5 Institutional political economy 66 Arturo Hermann 6 Post Keynesian economics 83 John E. King 7 Feminist political economy 96 Jennifer Cohen and Heidi Hartmann 8 Sraffian political economy 110 Nuno Ornelas Martins PART III ANALYSING THE DYNAMICS OF ECONOMIC SYSTEMS 9 Circular and cumulative causation 126 Phillip Toner and Gavan Butler 10 Evolutionary political economy 140 Tae-Hee Jo 11 Neo-Schumpeterian economics 156 Rinaldo Evangelista 12 The regulation approach 173 Brett Heino 13 Social structures of accumulation 188 Terrence McDonough and David M. Kotz 14 Capital as power 201 Tim Di Muzio and Matt Dow 15 Foundations of modern money theory 216 L. Randall Wray 16 The Austrian school of economics 231 Peter J. Boettke, Rosolino Candela, Karras J. Lambert and Dillon Tauzin PART IV EXPLORING THE SOCIO-ECOLOGICAL FOUNDATIONS OF ECONOMIC SYSTEMS 17 Polanyian political economy 246 Joy Paton 18 Georgist political economy 260 Franklin Obeng-Odoom 19 Ecological economics 271 Neil Perry 20 Social economics 286 John B. Davis 21 A social property relations approach to class, gender, race 301 Andreas Bieler and Adam David Morton 22 The Systems of Provision approach 313 Robin Chang 23 The diverse economies approach 329 Jenny Cameron and J.K. Gibson-Graham PART V EXTENDING POLITICAL ECONOMY THROUGH INTERDISCIPLINARITY 24 Spatial political economy 344 Brett Christophers 25 Cultural political economy 355 Bob Jessop and Ngai-Ling Sum 26 Postcolonial and poststructural political economy 371 Penny Griffin 27 Behavioural economics and neuroeconomics 390 David Primrose PART VI MAKING A DIFFERENCE 28 Pluralism in political economy 412 Tim B. Thornton 29 Economics imperialism and a transdisciplinary perspective 428 Mario Cedrini and Joselle Dagnes 30 Approaches to, and measures of, progress 443 Pratistha Joshi Rajkarnikar 31 Advancing education in political economy 458 Frank Stilwell and Tim B. Thornton 32 Progressive economics and social change movements 476 Jim Stanford Index

Reviews

'Mainstream economics, relative to heterodoxy and social science generally, is so extreme in methodology, theory and conceptualisations, it has spawned a variegated tsunami of alternative theories. This volume expertly and comprehensively engages this pluralism across schools, approaches and topics offering specialist insights alongside informative expositions - imperative reading for the intellectually open.' -- Ben Fine, School of Oriental and African Studies (SOAS), UK 'Narrowly defined mainstream economics has clearly failed-after the Second Great Depression and in the midst of the Pandemic Depression, in addition to obscene and still-growing levels of inequality, the climate crisis, racial capitalism, and much else. This Handbook of Alternative Theories of Political Economy is exactly what is needed to expand the way we think about and do economics.' -- David F. Ruccio, University of Notre Dame, US 'This excellent collection is a must-read book for anyone interested in learning more about political economy. The volume has been effectively organized with an inclusive approach that is not only pluralist but also interdisciplinary. The upshot of which is the facilitation of a broad, yet rigorous, understanding of political economy.' -- Susanne Soederberg, Queen's University, Canada

'Mainstream economics, relative to heterodoxy and social science generally, is so extreme in methodology, theory and conceptualisations, it has spawned a variegated tsunami of alternative theories. This volume expertly and comprehensively engages this pluralism across schools, approaches and topics offering specialist insights alongside informative expositions - imperative reading for the intellectually open.' - Ben Fine, School of Oriental and African Studies (SOAS), UK 'Narrowly defined mainstream economics has clearly failed-after the Second Great Depression and in the midst of the Pandemic Depression, in addition to obscene and still-growing levels of inequality, the climate crisis, racial capitalism, and much else. This Handbook of Alternative Theories of Political Economy is exactly what is needed to expand the way we think about and do economics.' - David F. Ruccio, University of Notre Dame, US 'This excellent collection is a must-read book for anyone interested in learning more about political economy. The volume has been effectively organized with an inclusive approach that is not only pluralist but also interdisciplinary. The upshot of which is the facilitation of a broad, yet rigorous, understanding of political economy.' - Susanne Soederberg, Queen's University, Canada

Author Information

Edited by Frank Stilwell, Professor Emeritus, Department of Political Economy, University of Sydney, David Primrose, Academic Fellow, Menzies Centre for Health Policy and Economics, University of Sydney, Australia and Tim B. Thornton, Senior Research Fellow, Economics in Context Initiative, Global Development Policy Centre, Boston University, US

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