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Political Economy vs. Mainstream Economics Models, Real World Reading: 1) “ What is Political Economy? ” (from Frank Stilwell. 2011. Political Economy: The Contest of Economic Ideas , New York: Oxford University Press -Third Edition) 2) Why should you study political economy? (3.5 min video by Sam Bowles) Supplementary material: 3) E. A. Tonak and S. Savran. 1987. Interview with Paul Sweezy. Monthly Review . April. Slides: Slides #1 July 15 Understanding and Evaluating Economic System
1) " The Mode of Production " (from Frank Stilwell). 2) Marx, K. 1859. A Contribution to the Critique of Political Economy , “ Preface .”
Slides: Slides #3 July 29 The Distinctive Features of Capitalism, Value and, Exploitation Income and Wealth Inequality, the Capitalist State
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