IDEAS home Printed from https://ideas.repec.org/a/taf/revpoe/v13y2001i4p523-536.html
   My bibliography  Save this article

Political Economy and the Idea of Development

Author

Listed:
  • David Levine

Abstract

This paper explores the questions: what are the main organizing concepts of the older political economy of Smith and Marx; and how do they differ from those typical of more recent work in political economy? Special emphasis is placed on the importance of an idea of development in the older political economy, and on how that idea has been replaced in the newer political economy by notions of power and interest. The paper considers how the absence of a concept of development in the newer versions of political economy limits the scope and depth of these versions. Recent criticism of the idea of development is also considered. In light of this criticism, the paper considers weaknesses in the concept of development in the older political economy. However, rather than fully accepting the critique of the idea of development, the paper suggests that weaknesses in the classical construction can be corrected by paying closer attention to how we understand the ends of the development process.

Suggested Citation

  • David Levine, 2001. "Political Economy and the Idea of Development," Review of Political Economy, Taylor & Francis Journals, vol. 13(4), pages 523-536.
  • Handle: RePEc:taf:revpoe:v:13:y:2001:i:4:p:523-536
    DOI: 10.1080/0953825012009999
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/0953825012009999
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/0953825012009999?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Caporaso,James A. & Levine,David P., 1992. "Theories of Political Economy," Cambridge Books, Cambridge University Press, number 9780521425780.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richard Westra, 2019. "Roy Bhaskar’s Critical Realism and the Social Science of Marxian Economics," Review of Radical Political Economics, Union for Radical Political Economics, vol. 51(3), pages 365-382, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bhaskar Vira, 2001. "Claiming Legitimacy: Analysing Conflict in the Environmental Policy Process," Environment and Planning C, , vol. 19(5), pages 637-650, October.
    2. John Marangos, 2005. "A Political Economy Approach to the Neoclassical Gradualist Model of Transition," Journal of Economic Surveys, Wiley Blackwell, vol. 19(2), pages 263-293, April.
    3. Nitzan, Jonathan & Bichler, Shimshon, 1995. "Bringing Capital Accumulation Back In: The Weapondollar-Petrodollar Coalition – Military Contractors, Oil Companies and Middle-East "Energy Conflicts"," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 2(3), pages 446-515.
    4. Sovacool, Benjamin K., 2015. "The political economy of pollution markets: Historical lessons for modern energy and climate planners," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 943-953.
    5. Gill, Flora, 2000. "The meaning of work: Lessons from sociology, psychology, and political theory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 28(6), pages 725-743, June.
    6. McMahon, James, 2015. "What Makes Hollywood Run? Capitalist Power, Risk and the Control of Social Creativity," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 157994, January.
    7. D Levi-Faur, 1996. "Nationalism and the Power of Business: The Manufacturers' Association of Israel," Environment and Planning C, , vol. 14(2), pages 193-209, June.
    8. Robert Lepenies, 2014. "Economists as political philosophers : a critique of normative trade theory," RSCAS Working Papers 2014/11, European University Institute.
    9. Joseph A. Clougherty & Nan Zhang, 2021. "Foreign investor reactions to risk and uncertainty in antitrust: U.S. merger policy investigations and the deterrence of foreign acquirer presence," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(3), pages 454-478, April.
    10. Sovacool, Benjamin K. & Tan-Mullins, May & Abrahamse, Wokje, 2018. "Bloated bodies and broken bricks: Power, ecology, and inequality in the political economy of natural disaster recovery," World Development, Elsevier, vol. 110(C), pages 243-255.
    11. Francesco Macheda, 2018. "The illusion of patient capital: evidence from pension investment policy in the Netherlands," Working Papers 0029, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    12. Johannes Tsheola, 2014. "Paradoxes of Gendered Rurality, Women’s Non-Economic Constructions, Disempowerment and State Capitalism in South Africa," Academic Journal of Interdisciplinary Studies, Richtmann Publishing Ltd, vol. 3, March.
    13. David Lake, 2009. "Open economy politics: A critical review," The Review of International Organizations, Springer, vol. 4(3), pages 219-244, September.
    14. Theresa Devasahayam, 2010. "Placement and/or protection? Singapore's labour policies and practices for temporary women migrant workers," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 15(1), pages 45-58.
    15. Mehmet Asutay & Noor Zahirah Mohd Sidek, 2021. "Political economy of Islamic banking growth: Does political regime and institutions, governance and political risks matter?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(3), pages 4226-4261, July.
    16. Gianpiero Torrisi, 2010. "Redistributive Policies And Recipients: An Empirical Analysis," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 2(1 (May)), pages 109-124.
    17. Francesco Macheda & Roberto Nadalini, 2019. "The Danger of a “Geyser Disease” Effect: Structural Fragility of the Tourism-Led Recovery in Iceland," Working Papers 0038, ASTRIL - Associazione Studi e Ricerche Interdisciplinari sul Lavoro.
    18. S E Hanson, 1998. "Development, Dependency, and Devolution: The Anomalous Political Economy of Communist and Postcommunist Societies," Environment and Planning C, , vol. 16(3), pages 225-246, June.
    19. Error, Marta, 2017. "At the Sources of Agrarian Transformation in Reborn Poland," International Journal of Agricultural Sciences and Technology (IJAGST), SvedbergOpen, vol. 177(4), December.
    20. Cochrane, David Troy, 2015. "What’s Love Got to Do with It? Diamonds and the Accumulation of De Beers, 1935-55," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 157995, January.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:revpoe:v:13:y:2001:i:4:p:523-536. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CRPE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.