History of Political Economy

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<span class="mw-page-title-main">Capitalism</span> Economic system based on private ownership

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets.

<span class="mw-page-title-main">Carl Menger</span> Founder of the Austrian School of economics (1840–1921)

Carl Menger von Wolfensgrün was an Austrian economist and the founder of the Austrian School of economics. Menger contributed to the development of the theories of marginalism and marginal utility, which rejected cost-of-production theory of value, such as developed by the classical economists such as Adam Smith and David Ricardo. As a departure from such, he would go on to call his resultant perspective, the subjective theory of value.

Oligarchy is a conceptual form of power structure in which power rests with a small number of people. These people may or may not be distinguished by one or several characteristics, such as nobility, fame, wealth, education, or corporate, religious, political, or military control.

Socialism is a political philosophy and movement encompassing a wide range of economic and social systems which are characterised by social ownership of the means of production, as opposed to private ownership. As a term, it describes the economic, political, and social theories and movements associated with the implementation of such systems. Social ownership can be public, community, collective, cooperative, or employee. While no single definition encapsulates the many types of socialism, social ownership is the one common element, and is considered left-wing. Different types of socialism vary based on the role of markets and planning in resource allocation, on the structure of management in organizations, and from below or from above approaches, with some socialists favouring a party, state, or technocratic-driven approach. Socialists disagree on whether government, particularly existing government, is the correct vehicle for change.

<span class="mw-page-title-main">Indian National Congress</span> Indian political party

The Indian National Congress (INC), colloquially the Congress Party or simply the Congress, is an Indian political party. Founded in 1885, it was the first modern nationalist movement to emerge in the British Empire in Asia and Africa. From the late 19th century, and especially after 1920, under the leadership of Mahatma Gandhi, the Congress became the principal leader of the Indian independence movement. The Congress led India to independence from the United Kingdom, and significantly influenced other anti-colonial nationalist movements in the British Empire.

<span class="mw-page-title-main">Richmondshire</span> Former local government district in England

Richmondshire was a local government district of North Yorkshire, England. It covered a large northern area of the Yorkshire Dales including Swaledale and Arkengarthdale, Wensleydale and Coverdale, with the prominent Scot's Dyke and Scotch Corner along the centre. Teesdale lies to the north. With a total area of 1,319 km2, it was larger than seven of the English ceremonial counties.

<span class="mw-page-title-main">Joseph Nye</span> American political scientist (born 1937)

Joseph Samuel Nye Jr. is an American political scientist. He and Robert Keohane co-founded the international relations theory of neoliberalism, which they developed in their 1977 book Power and Interdependence. Together with Keohane, he developed the concepts of asymmetrical and complex interdependence. They also explored transnational relations and world politics in an edited volume in the 1970s. More recently, he pioneered the theory of soft power and explained the distinction between it and hard power. His notion of "smart power" became popular with the use of this phrase by members of the Clinton Administration and the Obama Administration.

Philosophy, politics and economics, or politics, philosophy and economics (PPE), is an interdisciplinary undergraduate or postgraduate degree which combines study from three disciplines. The first institution to offer degrees in PPE was the University of Oxford in the 1920s.

<span class="mw-page-title-main">Nannerl O. Keohane</span>

Nannerl "Nan" Overholser Keohane is an American political theorist and former president of Wellesley College and Duke University. Until September 2014, Keohane was the Laurance S. Rockefeller Distinguished Visiting Professor of Public Affairs and the University Center for Human Values at Princeton University. She is now a professor in social sciences at the Institute for Advanced Study, Princeton, where she is researching the theory and practice of leadership in democratic societies.

<span class="mw-page-title-main">Robert Keohane</span> American academic

Robert Owen Keohane is an American academic working within the fields of international relations and international political economy. Following the publication of his influential book After Hegemony (1984), he has become widely associated with the theory of neoliberal institutionalism in international relations, as well as transnational relations and world politics in international relations in the 1970s.

<span class="mw-page-title-main">Gayle Rubin</span> American cultural anthropologist, activist, and feminist

Gayle S. Rubin is an American cultural anthropologist best known as an activist and theorist of sex and gender politics. She has written on a range of subjects including feminism, sadomasochism, prostitution, pedophilia, pornography and lesbian literature, as well as anthropological studies and histories of sexual subcultures, especially focused in urban contexts. Her 1984 essay "Thinking Sex" is widely regarded as a founding text of gay and lesbian studies, sexuality studies, and queer theory. She is an associate professor of anthropology and women's studies at the University of Michigan.

<span class="mw-page-title-main">Arab states of the Persian Gulf</span>

The Arab states of the Persian Gulf refers to a group of Arab states which border the Persian Gulf. There are seven member states of the Arab League in the region: Bahrain, Kuwait, Iraq, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. Yemen is bound to the six countries of the Gulf Cooperation Council, based on history and culture.

The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day.

Communism is a left-wing to far-left sociopolitical, philosophical, and economic ideology within the socialist movement, whose goal is the establishment of a communist society, a socioeconomic order centered around common ownership of the means of production, distribution, and exchange that allocates products to everyone in the society. Communist society also involves the absence of private property, social classes, money, and the state. Communists often seek a voluntary state of self-governance but disagree on the means to this end. This reflects a distinction between a more libertarian approach of communization, revolutionary spontaneity, and workers' self-management, and a more vanguardist or Communist party-driven approach through the development of a constitutional socialist state followed by the withering away of the state. As one of the main ideologies on the political spectrum, communism is placed on the left-wing alongside socialism, and communist parties and movements have been described as radical left or far left.

<span class="mw-page-title-main">Duke University Press</span> University press

Duke University Press is an academic publisher and university press affiliated with Duke University. It was founded in 1921 by William T. Laprade as The Trinity College Press.. In 1926 Duke University Press was formally established. Ernest Seeman became the first director of DUP, followed by Henry Dwyer (1929-1944), W.T. LaPrade (1944-1951), Ashbel Brice (1951-1981), Richard Rowson (1981-1990), Larry Malley (1990-1993), Stanley Fish and Steve Cohn (1994-1998), Steve Cohn (1998-2019). Writer Dean Smith is the current director of the press.

Ricardian socialism is a branch of classical economic thought based upon the work of the economist David Ricardo (1772–1823). The term is used to describe economists in the 1820s and 1830s who developed a theory of capitalist exploitation from the theory developed by Ricardo that stated that labor is the source of all wealth and exchange value. This principle extends back to the principles of English philosopher John Locke. The Ricardian socialists reasoned that labor is entitled to all it produces, and that rent, profit and interest were not natural outgrowths of the free market process but were instead distortions. They argued that private ownership of the means of production should be supplanted by cooperatives owned by associations of workers.

Joseph John Spengler was an American economist, statistician, and historian of economic thought. A recipient of the 1951 John Frederick Lewis Award of the American Philosophical Society and the 1981 Distinguished Fellow Award from the History of Economics Society, he was Professor Emeritus of Economics at Duke University at the time of his death.

<span class="mw-page-title-main">Jodi Dean</span> American political theorist (born 1962)

Jodi Dean is an American political theorist and professor in the Political Science department at Hobart and William Smith Colleges in New York state. She held the Donald R. Harter ’39 Professorship of the Humanities and Social Sciences from 2013 to 2018. Dean has also held the position of Erasmus Professor of the Humanities in the Faculty of Philosophy at Erasmus University Rotterdam. She is the author and editor of thirteen books. Her most recent book is titled Comrade: An Essay on Political Belonging.

Craufurd D. W. Goodwin was an historian of economic thought and the James B. Duke Professor Emeritus of Economics, Vice-Provost, and Dean of the Graduate School at Duke University. His work for the Ford Foundation is included in the Duke University archives, and the Craufurd D. W. Goodwin Papers (1960-2000) are in the collection of Duke University's David M. Rubenstein Rare Book & Manuscript Library. He was editor of the scholarly journal HOPE and a member of the Center for the Study of Political Economy.

Comparative Studies of South Asia, Africa and the Middle East is a triannual peer-reviewed academic journal covering Comparative Studies on Africa, the Middle East, and South Asia. It provides a "critical and comparative analyses of the histories, cultural productions, social and gender relations, politics, and economies" of these regions. It is published by the Duke University Press, and since 2012, edited at Columbia University.

References

  1. "History Of Political Economy Impact Factor (IF)- Bioxbio" . Retrieved 28 August 2014.
  2. "Duke University Press: History of Political Economy" . Retrieved 28 August 2014.