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Mainstream political economy has incurred numerous critiques, including the charge that it has a limited capacity to comprehend, and respond to, challenges such as inequality. A growing number of scholars especially question the realism of mainstream portrayals of benevolent and omniscient government planners aloofly reordering income and wealth distributions from afar.
This chapter outlines the major features of an alternative framework, known as entangled political economy. Entangled political economy stresses that economic, social, and political actions are generated by human interactions and are participatory in nature. Inspired by developments in complexity science, evolutionary theorising, and network analysis, the entangled political economy approach can be used to describe how entanglements between individuals and groups shape distributional outcomes.
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- Entangled Political Economy: A General Introduction
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