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date: 22 February 2020

Abstract and Keywords

This article describes the connection between political theory and political economy. It argues that political theorists need to take account of political economy in theorizing about the contemporary world because capitalism is the most powerful force at work in shaping the modern sociopolitical world. It also explains that economic questions concerning economic growth, the distribution of wealth and income, and role of markets are at the core of the political life in democratic societies.

Keywords: political theory, political economy, capitalism, sociopolitical world, economic growth, distribution of wealth, income distribution, markets, democratic societies

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