DEVS 230 Lecture Notes - Lecture 2: Power Control, Production Control, Exogeny
Document Summary
Power in poli ec: dimensions of structural power, social power and structural inequality. Political eco rejects the starting point of eco. The model of a market in which freely acting idi. Susan stange strive for theory that is: "parsimonious", rigorous", elegant". Simple as possible, as accurate as possible, and internally consistent (neat) So that anything that upsets or goes against economic theory is apt to be referred to as an exogenous factor" (goes against the theory) If actors don"t behave in ways that conform to economic theory the actions are termed irrational. To put it bluntly . by the world we live in. (2014 pg. The 4 c"s of political economy: context, collective actors, con icting interests, change. Relationships surround the production, distr. , and consumption of g&s. Focus on power power is used to shaped the political economy strange points to relational and structural power (particularly focus on sources of structural power)