Toward a Post-Foundational Political Economy: Economism and Private Property as Capitalism’s Contingent Foundations

Theoretical Foundations of Political Economy

MPIfG Discussion Paper 12/4 Capitalism as a System of Contingent Expectations Toward a Sociological Microfoundation of Political Economy

Political economy and economic sociology have developed in relative isolation from each other. While political economy focuses largely on macrophenomena, economic sociology focuses on the level of social interaction in the economy. The paper argues that economic sociology can provide a microfoundation of political economy beyond rational actor theory and behavioral economics. Based on a discuss...

Property, State, and Entangled Political Economy

Most theories of political economy operate in terms of what might be called separated political economy, as illustrated by the formulation: political economy = polity + economy. Within this formulation it is reasonable to speak of the state intervening into the market economy. In contrast to separated political economy, this paper explores some aspects of what might be called an entangled polit...

Toward a Political Economy of Social Policy

The comparative study of social policy in developing countries is of recent vintage.1 Yet the middle-income countries of Latin America, East Asia, and Eastern Europe have welfare systems that originated in the early post­ war period. The questions posed by these systems are the same as those that motivate the literature on the advanced welfare state: Why did gov­ ernments undertake the provisio...

Toward a Political Economy of Social Policy

Stephan Haggard & Robert R. Kaufman: Development, Democracy, and Welfare States is published by Princeton University Press and copyrighted, © 2008, by Princeton University Press. All rights reserved. No part of this book may be reproduced in any form by any electronic or mechanical means (including photocopying, recording, or information storage and retrieval) without permission in writing from...