This book offers a pluralistic vision of the way economists have
dealt with the question of power in society over the last two
centuries. Economists' ideas about power are examined from
political, theoretical and policy-making points of view, with
additional discussion of the active participation of economists in
the management of power. The book is organized into four main
conceptions of power relations: i) Power as embedded in political
institutions; ii) Power as emerging from the asymmetric relations
caused by the unequal distribution of income and wealth; iii) Power
as associated to the monopolistic or oligopolistic position held by
some firms in the market; and iv) Power as the management of
economic policies by the state. Mosca brings together contributions
from a range of scholars to analyse how economists have considered
the role of power, putting the discussion into a much needed
historical context.
General
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