Author(s): Calderon Deborah
The political economy of capitalism encompasses the analysis of power and wealth distribution within capitalist societies. It seeks to understand how political systems and economic structures interact to shape the distribution of power, resources, and income among individuals and groups. At its core, capitalism is an economic system characterized by private ownership of the means of production and the pursuit of profit through market transactions. However, the way capitalism operates and its impact on power and wealth distribution can vary depending on the specific political and institutional context in which it exists. Here are some key aspects to consider when analyzing the political economy of capitalism