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Prefigurative politics are modes of organization and social relationships that strive to reflect the future society being sought by a group. [1] In practice, they involve building a new society "within the shell of the old" by living out the values and social structures the group desires for the future. [2]
Human development theory is a theory which uses ideas from different origins, such as ecology, sustainable development, feminism and welfare economics. It wants to avoid normative politics and is focused on how social capital and instructional capital can be deployed to optimize the overall value of human capital in an economy.
While Marxism had a significant impact on socialist thought, pre-Marxist thinkers (before Marx wrote on the subject) have advocated socialism in forms both similar and in stark contrast to Karl Marx and Friedrich Engels' conception of socialism, advocating some form of collective ownership over large-scale production, worker-management within ...
Economic sociology is the study of the social cause and effect of various economic phenomena. The field can be broadly divided into a classical period and a ...
Mercantilism was a political movement and an economic theory that advocated the use of the state's military power to ensure that local markets and supply sources were protected, spawning protectionism. French seaport during the heyday of mercantilism. Mercantile theorists held that international trade could not benefit all countries at the same ...
An economic ideology is a set of views forming the basis of an ideology on how the economy should run. It differentiates itself from economic theory in being normative rather than just explanatory in its approach, whereas the aim of economic theories is to create accurate explanatory models to describe how an economy currently functions.
In the history of economic thought, a school of economic thought is a group of economic thinkers who share or shared a mutual perspective on the way economies function. While economists do not always fit within particular schools, particularly in the modern era, classifying economists into schools of thought is common.
His main economic ideas are contained in On the Principles of Political Economy and Taxation (1817). This set out a series of theories which would later become theoretical underpinnings of both Marx's Das Kapital and Marshallian economics, including the theory of economic rent , the labour theory of value and above all the theory of comparative ...