Introduction
“Law and political economy” is treated here as an approach to the study of phenomena at the intersection of law, politics, and the economy rather than as a discrete school of thought. It views developments in law and political economy through an historical, conceptual, and interdisciplinary lens rather than taking law, politics, or economics as autonomous, to be studied through pure methods.
Law and political economy can be distinguished from classical (or neo-classical) law and economics because of a focus on issues of power and inequality, between persons, groups, states, and regions. More specifically, it focuses on how relations of power are legally and politically configured and reconfigured over time and in distinct periods, and how in turn this conditions the development of the economy. While “law and political economy” does not therefore refer to one discrete body or system of thought, its treatment here shares an affinity with (and owes a debt to) various and...
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Wilkinson, M.A., Lokdam, H. (2022). Law and Political Economy. In: Sellers, M., Kirste, S. (eds) Encyclopedia of the Philosophy of Law and Social Philosophy. Springer, Dordrecht. https://doi.org/10.1007/978-94-007-6730-0_113-1
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