Power-Centered Political Economy Quiz

The obstacles to constructing political economy on a foundation of power should not be underestimated.

Markets are closely related to the idea of choice among freely contracting individuals.

The view of economics tied to markets deprives it of power in two ways.

<p>Markets are impersonal, dispersed structures of buyers and sellers operating independently of one another in pursuit of private goals.</p> Signup and view all the answers

<p>The number of actors is large, and opportunity costs are never so high as to create strong influence networks.</p> Signup and view all the answers