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"A key text, Capitalist Political Economy: Thinkers and Theories analyses the field-forming theoretical contributions to political economy that have defined, debated, critiqued, and defended capitalism for more than three centuries. Political economy recognizes and celebrates the many and varied interconnections between politics and economics in society, together with the economic implications of public policy and the political impact of market and property relations. As such, political economy is both an approach to understanding capitalism and a reflection of the forms and features of capitalism at particular moments. Grounded in primary and secondary literature, including theorists' original writings and leading literary biographies, this text explores principal themes in the development of capitalism and political economic thought. It relates these to markets, property, profits, labour, investment, innovation, the state, growth and crises, gender, the ecological limits of capital accumulation, and rival economic practices. The book contextualizes the legacy of foundational political economists by exploring their life and times and putting them in conversation with other highly influential theorists. Equally, it also considers more contemporary views. This book serves as an indispensable source for academic communities who are interested in the long arc of capitalist development, theories, and theorists"--

This survey reviews the literature on the political economy of financial structure, broadly defined to include the size of capital markets and banking systems as well as the distribution of access to external finance across firms.The theoretical literature on the institutional basis for financial development and the recent evidence suggests that unconstrained political power undermines financial accumulation. Even under limited government, unaccountable institutions lead to regulatory capture, favor connected interests, and undermine finance access and entry. Thus the degree of access to political rights by citizens thus strongly affects their access to finance. Finally, we review the recent literature on the time variation of financial development across democracies during the XX century.

This article addresses the dynamics between three interrelated questions of agrarian transition in Punjab. The first concerns the role and nature of the state and the market mechanism for the transformation of traditional agriculture into its capitalist counterpart, by the development of the productive forces and changes in production structure. The second dwells on the impact of the state-driven capitalism on the production structure of agriculture and its contradictions. The third deals with the process of class formation and the precise nature of emerging classes in rural Punjab.

World-systems analysis has given scant attention to population dynamics. Overlooked are large-scale macrohistorical population trends and their microhistorical foundation on procreative decisions-decisions which are taken by a historically changing subject of procreation: local elders or other authorities, head(s) of the household, couples, and women. The discipline of demography is also not as helpful as it could be, given its basis in modernization theory, which fails to recognize intentionality in reproduction in pre-capitalist societies. It assumes a model of "demographic transition" from a state of "natural fertility" to a state of conscious family planning, while also treating mortality as independent of fertility Marxism recognized the importance of population as a source of labor for profit and capital accumulation. With its tools Sydney Coontz developed a demand for labor theory explaining in particular the decrease in the birth rate in England and the United States at the turn of the century This theory was f urther developed by anthropologists of the "mode of product ion and population pat terns " who, with other authors, offer useful theories and insights to advance world-historical research on population. This article explores connections between population dy namics and world-systems analysis. I explore six key questions at different levels of analysis, including: 1) Are there world-systems ' imperatives concerning human reproduction?; 2) Do human reproduction imperatives differ across world-systems.'?; 3) How do the (eventual) systems requirements get transmitted to households and individuals'?; 4) Why do people have children.'?; 5) Who is the subject of procreation decisions'?; and 6) How is the number of offspring chosen? Finally, I offer guidelines for applying the six questions to the capitalist world-economy.

In answering the motivating question of this roundtable—How, if at all, has capitalism as an analytical category figured in your work?—I separate my approach from two opposed but equally extreme camps of left-leaning scholars working on postrevolutionary Iran. The first camp underestimates the actuality of capitalism in Iran. It takes as its frame of reference neoliberal capitalism in the context of the Global North and contrasts it to an Iranian political economy lacking both the hallmarks of political liberalism and a robust economy to extrapolate that postrevolutionary Iran is not truly capitalist, without explaining why classic capitalistic class relations are continuously reproduced there. By contrast, the second camp overestimates the reality of capitalism in Iran, claiming that all aspects of collective social and political life are, in fact, now essentially capitalistic. This perspective rejects the relative autonomy of the state, culture, and other aspects of social life and the necessity for historical explanation of social and political complexities. Instead, it considers postrevolutionary Iran a purely capitalistic formation and explains its economy and politics through the logic of capital alone, without acknowledging the real weaknesses of capitalist production found there.

This book seeks to encourage dialectical methods through the interaction of economic, political and social factors to approach social analysis. It examines various emerging issues in society in the era of globalization. The issues raised in the critique will benefit scholars in comprehending social reality with a new perspective and approach. This book will help policymakers look at more realistic conclusions for policy making. This title is co-published with Aakar Books. Print editions not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan and Bhutan).

This book seeks to encourage dialectical methods through the interaction of economic, political and social factors to approach social analysis. It examines various emerging issues in society in the era of globalization. The issues raised in the critique will benefit scholars in comprehending social reality with a new perspective and approach. This book will help policymakers look at more realistic conclusions for policy making. This title is co-published with Aakar Books. Print editions not for sale in South Asia (India, Sri Lanka, Nepal, Bangladesh, Pakistan and Bhutan).