Reconstructing Political Economy: The Great Divide in Economic Thought

Written in a provocative and accessible style, this book examines how the diverse traditions of political economy have conceptualized economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times. It offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalization for modern societies.