The American Political Economy: Markets, Power, and the Meta Politics of US Economic Governance
Name
annurev-polisci-051120-013916.pdf
Description
Published version
Size
321.67 KB
Format
Adobe PDF
Checksum (MD5)
a273f1264ff1dc46ee34b23ed79edd88
Author(s)
Hacker, Jacob S
Hertel-Fernandez, Alexander
Pierson, Paul
Thelen, Kathleen
Date Issued
2022
Journal
Annual Review of Political Science
Publisher
Annual Reviews
Citation
Hacker, Jacob S, Hertel-Fernandez, Alexander, Pierson, Paul and Thelen, Kathleen. 2022. "The American Political Economy: Markets, Power, and the Meta Politics of US Economic Governance." Annual Review of Political Science, 25 (1).
Version
Final published version
Abstract
This article provides an overview of the emerging field of American political economy (APE). Methodologically eclectic, this field seeks to understand the interaction of markets and government in America's unequal and polarized polity. Though situated within American politics research, APE draws from comparative political economy to develop a broad approach that departs from the American politics mainstream in two main ways. First, APE focuses on the interaction of markets and governance, a peripheral concern in much American politics research. Second, it invokes a theoretical orientation attentive to what we call meta politics—the processes of institution shaping, agenda setting, and venue shopping that unfold before and alongside the more visible processes of mass politics that figure so centrally in American politics research. These substantive and theoretical differences expand the study of American politics into neglected yet vital domains, generating fresh insights into the United States’ distinctive mix of capitalism and democracy.
MIT Department
Massachusetts Institute of Technology. Department of Political Science
Terms of Use
Creative Commons Attribution 4.0 International license
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1146/ANNUREV-POLISCI-051120-013916
