Reassessing Foucault: Power in the History of Political Economy

This article examines Michel Foucault’s contributions to the study of power in history political economy. It employs readings on economic thought investigate two moments economy: classical economy and Keynesian economics, which reasoning practice affected creation dissemination relations social realm. By reconsidering ontological dynamics that encompass modern role state, policies civil society, explores how displays a changing face light different discursive non-discursive elements throughout economy, “economic knowledge” “scientific discourses” are reconceived as apparatuses. The concludes closer look into historical ontology allows for reassessment field action showing its consequences field, interpretation facts analysis power/truth. More specifically, can be reconsidered not simply systems ideas, but apparatuses create power.