Ideal as an introduction and as a quick reference, Key Concepts in Critical Management Studies explores the essential concepts used within the field today. Specially edited and written by a range of international experts, key ideas are succinctly explained and illustrated beyond a simple definition. Further reading suggestions and cross-referencing provide the reader with means to develop their knowledge further.

With over 50 entries, from Actor Network Theory to Utopianism, readers have instant access and explanation of the most influential concepts in CMS literature. Clear and engaging, this will provide strong support for all courses involving critical management and is a perfect resource for anyone with an interest in this field.

Political Economy

Political economy

Definition: ‘Political economy’ refers to the combined and interacting effects of economic and political structures or processes, and by extension, to the scholarly study of this domain.

The term originated in the seventeenth and eighteenth centuries to refer to the economic policies of the nation-states of the time. The writings of that period (such as by the Physiocrats and Mercantalists) focused on taxes and trade policy. The meaning of the term was broadened in the nineteenth century to refer to the manifold ways in which economic structures and market processes influenced, and were influenced by political power at local, national and international levels. The great theorists of that period were Adam Smith, David Ricardo, Richard Malthus, John Stuart Mill and Karl Marx.

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