This bold and ambitious book attempts to diagnose and remedy what is wrong with economics, so that it can become an emancipatory form of knowledge. It will be of interest to serious economists and philosophers of social science everywhere.

This book is original in focusing on critical political economy, identifying its character and reviewing its continuing legacy. In doing so it throws new light on Hegel and Marx and a range of subsequent theorist. It also develops a perspective on topics such as postmodernism, globalization, identity politics and the cultural turn.

Amidst the continued debate surrounding the foundations of IPE, coupled with recent methodological and theoretical divides this book argues that an attempt should be made to re-visit the notion of the 'critical'. The challenge posed by contributors to this volume is to assess the development of so-called critical IPE and interrogate whether the theoretical foundations it was built upon have reached their potential. The essays in this volume take up this challenge in a number of different ways but all share a common concern - to re-assess the purpose of critical approaches, reflect on why certain social theorists have been favoured as a point of departure, yet others have largely been ignored. In light of recent debates on the notion of a 'trans-Atlantic divide' within IPE the collection the contributors aim demonstrates how the distinction between the 'critical' and the 'orthodox' (or 'empirical') is only significant if the 'critical' is geared towards a larger, more substantial body of critical social enquiry and engages with what it means to conduct such enquiry.

The crisis in Europe is often discussed as a crisis of European integration or a crisis of national economies within Europe. Both the ‘methodological Europeanism’ and ‘methodological nationalism’ miss out the important links between economic and political processes at different spatial scales within Europe, and therefore, asymmetries and phenomena of uneven development. In addition, a discussion of possible scenarios which systematically addresses the implications of anti-crisis policies is missing. This volume seeks to close this gap by systematically integrating the analysis of economic policy or ‘technical’ solutions to the crisis within a broader framework of political economy. It argues that combining critical political economy approaches and post-Keynesian perspectives allows for a systematic understanding of the economic and political dimensions of the crisis. Although both approaches have the capacity to deal with asymmetries and uneven development, the heterogeneity in Europe has been an often largely neglected dimension of analysis. However, this recent crisis has shown that this is an essential dimension which has to be addressed in order to better understand the dynamics of European development and integration. Hence, this book aims to deal with asymmetries in Europe and to bridge the gap between the two perspectives. This work will initiate an integrative debate that is crucial for a deeper understanding of the current crisis and is an important resource for all students and scholars of IPE, European political economy and European politics.

Subversive thought is none other than the cunning of reason when confronted with a social reality in which the poor and miserable are required to sustain the illusion of fictitious wealth. Yet, this subsidy is absolutely necessary in existing society, to prevent its implosion. The critique of political economy is a thoroughly subversive business. It rejects the appearance of economic reality as a natural thing, argues that economy has not independent existence, expounds economy as political economy, and rejects as conformist rebellion those anti-capitalist perspectives that derive their rationality from the existing conceptuality of society. Subversion focuses on human conditions. Its critical subject is society unaware of itself. This book develops Marx's critique of political economy as negative theory of society. It does not conform to the patterns of the world and demands that society rids itself of all the muck of ages and founds itself anew.

A collective picture of modern capitalism suggests that economic prospects, political costs, and implications for human development and freedom under this system are grim indeed. However the possibility of an alternative viewpoint, and an alternative system, provide grounds for optimism. The authors in Critical Political Studies challenge the neo-liberal, pro-market ideology that has arisen in the age of the so-called "post-communist" new world order, wrestling with the implications of globalization, democratization, and the politics of radical social change Written as a tribute to the remarkable intellectual career of Colin Leys, the debates in this book deal with some of the most pressing problems confronting the majority of citizens in both first world and third world contexts. Their contributions provide the confidence to pursue new possibilities that permit a more optimistic, if critical, outlook. Topics covered include contemporary debates about globalization and the nation state, African development, prospects for British socialism after Blair, social movements, and current issues in political and social theory. Contributors include Laurie Adkin (University of Alberta), Abigail Bakan, Bruce Berman (Queen's University), Manfred Bienefeld (Carleton University), Alex Callinicos (University of York, UK), Bonnie Campbell (University of Quebec at Montreal), Michael Chege (University of Florida), Radhika Desai (University of Victoria), Lauren Dobell (PhD candidate, Oxford University), Phil Goldman (Queen's University), Banu Helvacioglu (Bilkent University, Turkey), Robert Jessop (University of Lancaster, UK), Colin Leys (emeritus, Queen's University), Eleanor MacDonald, Marguerite Mendell (Concordia University), Leo Panitch (York University), Anne Phillips (London School of Economics and Political Science), and John Saul (Atkinson College, York University).

How the media are organised and funded is central to understanding their role in society. Critical Political Economy of the Media provides a clear, comprehensive and insightful introduction to the political economic analysis of contemporary media. Jonathan Hardy undertakes a critical survey of political economy scholarship encompassing worldwide literature, issues and debates, and relationships with other academic approaches. He assesses different ways of making sense of media convergence and digitalisation, media power and influence, and transformations across communication markets. Many of the problems of the media that prompted critical political economy research remain salient, he argues, but the approach must continue to adapt to new conditions and challenges. Hardy advances the case for a revitalised critical media studies for the 21st century. Topics covered include: media ownership and financing news and entertainment convergence and the Internet media globalisation advertising and media alternative media media policy and regulation Introducing key concepts and research, this book explains how political economy can assist students, researchers and citizens to investigate and address vital questions about the media today.