political economy

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political economy (countable and uncountable, plural political economies)

  1. (economics, politics) Interdisciplinary studies drawing upon economics, law, and political science in explaining how political institutions, the political environment, and the economic system — capitalist, socialist, mixed, and so on — influence each other.
    • 2012 July 8, Maurice Glasman, “We need to talk about Keynes – and his Viagra economics”, in The Guardian[1]:
      Arguing for a limit on the power of money, [John Maynard Keynes] was faithful to a long tradition of political economy that was concerned with the balance of interests and the dangers of financial domination.
    • 2017 July 20, David Ritter, “Dirty coal to dirty politics: everything is connected through a malformed political economy”, in The Guardian[2]:
      Ten years ago, David Simon’s iconic TV series The Wire portrayed contemporary Baltimore as wracked by illegal drug use, violent crime and failing institutions. But underneath the symptoms were the structures of political economy. As the show’s tagline had it, “everything is connected”.
    • 2022, Gary Gerstle, chapter 5, in The Rise and Fall of the Neoliberal Order [] , New York: Oxford University Press, →ISBN:
      Everywhere, international opposition to capitalism's global reach would have been fiercer; the Wall Street–City of London–Frankfurt axis that was to shape so much of global political economy in the 1990s and beyond would have been weaker.

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