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Political Economy The Contest of Economic Ideas,9780195575019

Political Economy The Contest of Economic Ideas

Edition: 3rd
Format: Paperback
Pub. Date: 12/1/2011
Publisher(s): Oxford University Press
Availability: This title is currently not available.


Now in its third edition,Political Economy: The Contest of Economic Ideasis a fully updated survey of the political economy and its connection with social concerns. Moving beyond conventional treatments, this unique text offers a "big-picture" overview of the analytical tools and value judgments associated with competing schools of economic thought. Featuring an exceptionally engaging writing style, it makes the complexities of contesting economic ideas--including classical political economy and Marxist economics and neoclassical economies and neo-liberalism--clear and accessible to students. The third edition includes a new chapter on the economics of happiness and new sections on current issues like the global financial crisis, climate change, and "affluenza."

Author Biography

Frank Stilwell is Professor in the Department of Political Economy at The University of Sydney.

Table of Contents

List of Boxes, Figures, and Tablesp. vi
Prefacep. ix
Acknowledgmentsp. x
Glossaryp. xi
Current Economic Processes and Problemsp. 001
What is Political Economy?p. 002
The Personal is Political Economicp. 010
Structural Economic Changesp. 017
Political Economic Challengesp. 025
Economic Systems and Economic Theoriesp. 039
Economic Systemsp. 040
Capitalismp. 051
Economic Theoriesp. 058
Back to Basics: Classical Political Economyp. 065
Capitalism Emergingp. 066
Private Vices, Public Virtuesp. 073
Value, Distribution, Growthp. 080
Land and Economic Surplusp. 088
The Critique of Capitalism: Marxist Economicsp. 097
Contesting Capitalismp. 098
The Mode of Productionp. 107
Labour, Value, Exploitationp. 115
Capital Accumulationp. 126
Reproduction, Growth, Changep. 133
Economic Crisesp. 141
The Ideology of the Market: Neoclassical Economicsp. 149
Free-market Economicsp. 150
Consumersp. 161
Firmsp. 171
Market Structuresp. 180
Distributionp. 191
Economic Welfare and Neoliberalismp. 200
Evolution and Reform: Institutional Economicsp. 211
Economy and Societyp. 212
A Dissident Tradition in Economicsp. 220
Economic Powerp. 229
Economic and Social Reformp. 241
Corporate Globalisationp. 251
Stabilising the Economy: Keynesian Economicsp. 263
The Disillusioned Defence of Capitalismp. 264
Constructing a Keynesian Modelp. 273
Instability in a Monetary Economyp. 284
Macroeconomic Policyp. 293
The Keynesian Legacyp. 304
Contemporary Concerns: Modern Political Economyp. 317
A Radical Reconstructionp. 318
Economy and Environmentp. 325
Technology, Industry, Workp. 338
Class, Gender, Ethnicityp. 350
The Political Economy of the Statep. 364
Whither Political Economy? Conflict and Progressp. 373
Why Do Economists Disagree?p. 374
A Level Playing Field for Economic Ideas?p. 387
W(h)ither Capitalism?p. 395
A Happy Ending?p. 406
Endnotes and Suggestions for Further Readingp. 415
Indexp. 446
Table of Contents provided by Ingram. All Rights Reserved.

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