Introduction In this chapter we will explore the nature of the political economy in England (and the UK) and how it relates to the social contract and social policy. The conceptualisation of political economy adopted here follows the 19th-century tradition, which, to reiterate, Streeck (2016) describes as viewing capitalism as both an economy and a society, and that one needs to start from the point of society, as a set of social actions and institutions that cannot be separated from the economy. Put more strongly, society should be considered the first
In this challenging and original study, Wistow positions social policy within political economy and social contract debates.
Focusing on individual, intergenerational and societal outcomes related to health, place and social mobility in England, he draws on empirical evidence to show how the social contract produces longstanding, highly patterned and inequitable consequences in these areas. Globalisation and the political economy simultaneously contribute to the extent and nature of social problems and to social policy’s capacity to address them effectively.
Applying social contract theory, this book shows that society needs to take ownership of the outcomes it produces and critically interrogates the individualism inherent within the political economy.
Luck greatly influences a person’s quality of life. Yet little of our politics looks at how institutions can amplify good or bad luck that widens social inequality. But societies can change their luck.
Too often debates about inequality focus on the accuracy of data or modeling while missing the greater point about ethics and exploitation. In the wake of growing disparity between the 1% and other classes, this book combines philosophical insights with social theory to offer a much-needed political economy of life chances.
Timcke advances new thought on the role luck plays in redistributive justice in 21st Century capitalism.
Gordon L. Brady Senior Economist, U.S. Senate, Joint Economics Committee, 242 Ford Building, Washington - USA The Chicago Roots of the Virginia School of Political Economy Abstract - The story of the Virginia school of political economy is in large part the story of how graduates of the University of Chicago developed a new paradigm in a new location. Their work was characterized by a deep and abiding respect for the intellectual tradition of economics at the University of Chicago and through dieir achievements reflected well on their alma mater. This
mobilise their emotions within the rationale of profit (see, for instance, Kramer, 1999 ). Indeed, at the heart of the sociology of emotions lies the insight that emotions matter not only in the private sphere but equally in the spheres of economy and politics ( Barbalet, 1998 ). What, then, do political economies of emotion look like? The sociology of emotions was founded broadly within the realm of political economy, ever since Adam Smith’s writings on the (necessary) role of sympathy securing the rationality of the capitalist economy ( Smith, 1907 ; Hearn, 2016
363 Policy & Politics vol 37 no 3 • 363-87 (2009) • 10.1332/030557309X462529 © The Policy Press, 2009 • ISSN 0305 5736 Key words: policy transfer • political economy • war on terror • conter-terrorism Final submission June 2009 • Acceptance June 2009 Policy transfer and the UK’s ‘war on terror’: a political economy approach Christina Pantazis and Simon Pemberton Utilising a political economy perspective in examining the UK’s counter-terrorist strategy since September 2001, we argue that there are observable economic and political interests influencing the
Policy and Politics, Vol. II No.3 (1983), 343-359 THE POLITICAL ECONOMY OF HUMAN SERVICES· David M. Austin The term political economy is often used to describe those forces at a societal, or macro, level which shape the general characteristics of the 'welfare state'.2 However, it is a concept which can also be used effec- tively to analyse the task environment dynamics of policy decision making that shape the course of events for individual human service pro- grammes.) The term task environment4 political economy is used here to describe those decisional
105 Journal of Public Finance and Public Choice • vol 33 • no 2 • 105–25 • © AESP 2018 Print ISSN 2515 6918 • Online ISSN 2515 6926 https://doi.org/10.1332/251569118X15282111163993 RESEARCH ARTICLE Blockchain: an entangled political economy approach Darcy W.E. Allen, darcy.allen@rmit.edu.au Chris Berg, christopher.berg@rmit.edu.au Mikayla Novak, mikayla.novak@rmit.edu.au RMIT University, Australia This paper incorporates blockchain activities into the broader remit of entangled political economy theory, emphasising economic and other social phenomena as
Frank Naert Seminarie voor Internationale Economie - Rijksuniversiteit-Gand The Political Economy of Pressure Groups 1. - Introduction Since decades pressure and interest groups are inherent to our politico- economic system. Nobody will deny that they exert a large influence on decision making. How they do it and why they have influence are ques- tions that are not easy to answer. The purpose of this article is to shed some light on these matters. First some problems of terminology have to be solved. Some authors use «pressure group» and «interest group
Part 5: Concluding remarks 643 SIXTEEN Infrastructure, political economy and Africa’s transformational agenda Mthuli Ncube, Charles Leyeka Lufumpa and George Kararach Introduction Infrastructure has been highlighted by many commentators as a major constraint on Africa’s transformation (Ayogu, 2007; AfDB, 2010a, 2010b, 2010c; Lin, 2012; IMF, 2014). Two argumentations come to the fore: good infrastructure and connectivity, which is critical for spurring supply responses and economic growth; and enhancing diversification and structural transformation by
