Introduction to Political Economy

By Charles Sackrey, Geoffrey Schneider, and Janet Knoedler

Intro to Political Economy cover
Date of publication:
December 2022

  • Preface to the Ninth Edition
  • Chapter 1: Some Principles of Mainstream Economics and Political Economy
  • Chapter 2: The Political Economy Challenge to Mainstream Economics
  • Chapter 3: Adam Smith and the Philosophy of Limited Laissez-Faire
  • Chapter 4: Karl Marx and the Contradictions of Capitalism
  • Chapter 5: Thorstein Veblen and the Predatory Nature of Contemporary Capitalism
  • Chapter 6: John Maynard Keynes and the Turbulent Birth of Macroeconomics
  • Chapter 7: Social Class in American Capitalism
  • Chapter 8: John Kenneth Galbraith and the Theory of Social Balance
  • Chapter 9: U.S. Monopoly Capitalism: An Irrational System?
  • Chapter 10: The Middle Way: Swedish Social Democracy
  • Chapter 11: The Mondragón Cooperative: A Path to Social Democracy
  • Endnotes
  • Works Cited