Hostname: page-component-77f85d65b8-8v9h9 Total loading time: 0 Render date: 2026-04-15T01:43:33.520Z Has data issue: false hasContentIssue false
  • English
  • Français

CONFLICTS, COMPROMISES, AND THE ECONOMY

Published online by Cambridge University Press:  23 October 2025

Ivano Cardinale Open the ORCID record for Ivano Cardinale [Opens in a new window]
Ivano Cardinale*
Affiliation:
Structural Economic Analysis Unit, Goldsmiths, University of London , London, UK
*
Email: i.cardinale@gold.ac.uk
Get access Rights & Permissions [Opens in a new window]

Abstract

Understanding today’s conflicts and compromises requires addressing the entanglement between material processes and the viewpoints of a variety of collective actors: how they understand themselves and the economy within which they act, what objectives they perceive it affords to them, and what constraints it imposes. The structural approach to economic analysis, which builds on the traditions started by Physiocracy and classical political economy, offers a vantage point to understand material processes. The paper proposes three directions to generalise it, thus making it more suitable to address the entanglement between such processes and the emergence and viewpoints of collective actors.

Keywords

conflictcompromiseeconomic structurecollective actorsactions and structuresP00L16D57

Information

Type
Research Article
Information
National Institute Economic Review , First View , pp. 1 - 7
Copyright
© The Author(s), 2025. Published by Cambridge University Press on behalf of National Institute Economic Review

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable

References

Baranzini, M. and Mirante, A. (2013), ‘The Cambridge Post-Keynesian School of income and wealth distribution’, in Harcourt, G.C. and Kriesler, P. (eds), The Oxford Handbook of Post-Keynesian Economics, Oxford/New York: Oxford University Press, I, pp. 288–361.Google Scholar
Baranzini, M. and Mirante, A. (2018), Luigi L. Pasinetti: An Intellectual Biography. Leading Scholar and System Builder of the Cambridge School of Economics, London and New York: Palgrave Macmillan.10.1007/978-3-319-71072-3CrossRefGoogle Scholar
Baranzini, M., Scazzieri, R., (1990a). ‘Introduction’, in Baranzini, M., Scazzieri, R. (eds), The Economic Theory of Structure and Change, 1st edn, Cambridge University Press, Cambridge, 1990, pp. 1–20.Google Scholar
Baranzini, M., Scazzieri, R., (1990b). ‘Economic structure: analytical perspectives’, in Baranzini, M., Scazzieri, R. (eds), The Economic Theory of Structure and Change, 1st edn, Cambridge University Press, Cambridge, 1990, pp. 227–333.Google Scholar
Blyth, M., (2003). ‘Structures do not come with an instruction sheet: interests, ideas, and progress in political science’, Perspect. Polit., 1, 4, pp. 695–706.10.1017/S1537592703000471CrossRefGoogle Scholar
Cardinale, I. (2015), ‘Towards a structural political economy of resources’, in Baranzini, M., Rotondi, C. and Scazzieri, R. (eds), Resources, Production and Structural Dynamics, Cambridge: Cambridge University Press, pp. 198–210.10.1017/CBO9781139940948.013CrossRefGoogle Scholar
Cardinale, I. (2018), ‘A bridge over troubled water: A structural political economy of vertical integration’, Structural Change and Economic Dynamics, 46, pp. 172–179.10.1016/j.strueco.2018.05.007CrossRefGoogle Scholar
Cardinale, I. (2022), ‘On means and ends in Structural Economic Analysis: Broadening the field of Enquiry’, Structural Change and Economic Dynamics, 61, C, pp. 450–457.10.1016/j.strueco.2021.09.007CrossRefGoogle Scholar
Cardinale, I. (2024), ‘Collective objectives, particular objectives, and structural conditions: On Pasinetti’s natural economic system and the “institutional problem’, Structural Change and Economic Dynamics, 70, pp. 202–210.10.1016/j.strueco.2024.02.001CrossRefGoogle Scholar
Cardinale, I. and Landesmann, M.A. (2017), ‘Exploring sectoral conflicts of interest in the Eurozone: a Structural Political Economy approach’, in Cardinale, I., Coffman, D. and Scazzieri, R. (eds), The Political Economy of the Eurozone, Cambridge: Cambridge University Press, pp. 284–336.10.1017/9781316403730.012CrossRefGoogle Scholar
Cardinale, I. and Landesmann, M.A. (2022), ‘Generalising the political economy of structural change: A structural political economy approach’, Structural Change and Economic Dynamic, 61, pp. 546–558. https://doi.org/10.1016/j.strueco.2020.07.001.CrossRefGoogle Scholar
Cardinale, I. and Scazzieri, R. (2024), ‘Political economy revisited: structures and objectives at the systemic level’, Economia Politica. Journal of Analytical and Institutional Economics, 41, 1, pp. 153–171.10.1007/s40888-024-00331-4CrossRefGoogle Scholar
Di Tommaso, M. R., Tassinari, M., Barbieri, E., Marozzi, M. (2020). Selective industrial policy and ‘sustainable’ structural change. Discussing the political economy of sectoral priorities in the US. Structural Change and Economic Dynamics, 54, pp. 309–323.10.1016/j.strueco.2020.05.005CrossRefGoogle Scholar
Gilpin, R. (1975), U.S. Power and the Multinational Corporation, New York: Basic Books.10.1007/978-1-349-01354-8CrossRefGoogle Scholar
Hawkins, D. and Simon, H.A. (1949), ‘Note: some conditions of macroeconomic stability’, Econometrica, 17, 3/4, pp. 245–248.10.2307/1905526CrossRefGoogle Scholar
Heckscher, E.F. (1935) Mercantilism, Translated by Mendel Shapiro, II. London: Allen and Unwin,Google Scholar
Hicks, J. (1973), Capital and Time. A Neo-Austrian Theory, Oxford: Clarendon Press.Google Scholar
Hont, I. (2005), Jealousy of Trade, International Competition and the Nation-State in Historical Perspective, Cambridge, Massachusetts: Belknap Press of Harvard University Press.Google Scholar
Lebow, R.N. (2008), A Cultural Theory of International Relations, Cambridge: Cambridge University Press.10.1017/CBO9780511575174CrossRefGoogle Scholar
Leontief, W. 1991 [1928], ‘Die Wirtschaft als Kreislauf, in «Archiv für Sozialwissenschaft und Sozialpolitik», 60, pp. 577–623 (English translation: The economy as a circular flow, in «Structural Change and Economic Dynamics»’, Structural Change and Economic Dynamics 2, 1, pp. 181–212).10.1016/0954-349X(91)90012-HCrossRefGoogle Scholar
Leontief, W. (1941), The Structure of the American Economy, New York: Oxford University Press.Google Scholar
Lowe, A. (1976), The Path of Economic Growth, Cambridge, New York: Cambridge University Press.10.1017/CBO9780511898327CrossRefGoogle Scholar
Malthus (1836 [1820]), Principles of Political Economy, London: W. Pickering.Google Scholar
Marx, K. 1978 [1885]. Capital: A Critique of Political Economy, trans. D. Fernbach; introduced by E. Mandel. Harmondsworth: Penguin Books, 2.Google Scholar
Neumann, J. von, (1945–46), ‘A model of general economic equilibrium’. The Review of Economic Studies, 13, 1, pp. 1–9.Google Scholar
Pabst, A. (2018), ‘Political economy of civil society’, in Cardinale, I. and Scazzieri, R. (eds), The Palgrave Handbook of Political Economy, London: Palgrave Macmillan, pp. 289–331.10.1057/978-1-137-44254-3_10CrossRefGoogle Scholar
Pabst, A. and Scazzieri, R. (2023), The Constitution of Political Economy, Cambridge: Cambridge University Press.10.1017/9781108923231CrossRefGoogle Scholar
Pasinetti, L.L. (1973), ‘The notion of vertical integration in economic analysis’, Metroeconomica, 25, pp. 1–29.10.1111/j.1467-999X.1973.tb00539.xCrossRefGoogle Scholar
Pasinetti, L.L. (1981), Structural Change and Economics Growth. A Theoretical Essay on the Dynamics of the Wealth of Nations, Cambridge: Cambridge University Press.Google Scholar
Pereira, E. and Steenge, A. (2021), ‘Vulnerability and resilience in the Caribbean island states; The role of connectivity’, Networks and Spatial Economics., 22, pp. 515–554.10.1007/s11067-021-09533-wCrossRefGoogle ScholarPubMed
Quadrio Curzio, A. (1967), Rendita e Distribuzione in un Modello Economico Plurisettoriale, Milan: A. Giuffrè.Google Scholar
Quadrio Curzio, A. (1986), ‘Technological scarcity: an essay on production and structural change’, in Baranzini, M. and Scazzieri, R. (eds), Foundations of Economics. Structures of Inquiry and Economic Theory, Oxford, New York: Basil Blackwell, pp. 311–338.Google Scholar
Quadrio Curzio, A. and Pellizzari, F. (2009), Rent, Resources, Technologies, Berlin: Springer.Google Scholar
Quadrio Curzio, A. and Pellizzari, F. (2018), ‘Political economy of resources, technologies and rent’, in Cardinale, I. and Scazzieri, R. (eds), The Palgrave Handbook of Political Economy, London: Palgrave Macmillan, pp. 657–704.10.1057/978-1-137-44254-3_18CrossRefGoogle Scholar
Quesnay, F. (2006) [1759] ‘Explanation of the Economical Table’, in Monroe, A.E. (ed), Early Economic Thought. Selected Economic Writings from Aristotle to Hume, Mineola, NY, Dover Publications, pp. 341–48.Google Scholar
Ricardo, D. (1951) [1st edn. 1817], On the Principles of Political Economy and Taxation, vol. I of The Works and Correspondence of David Ricardo, Sraffa, P. with the collaboration of Dobb, M.H. (eds). Cambridge: Cambridge University Press.Google Scholar
Scazzieri, R. (2009), ‘Traverse analysis and methods of economic dynamics’, in Hagemann, H. and Scazzieri, R. (eds), Capital, Time and Transitional Dynamics, London and New York: Routledge, pp. 96–132.Google Scholar
Smith, A. (1976) [1st edn. 1776], ‘An inquiry into the nature and causes of the wealth of nations’, in Todd, W.B., Campbell, R.H. and Skinner, A.S. (eds), The Glasgow Edition of the Works and Correspondence of Adam Smith, Indianapolis: Liberty Fund, II.Google Scholar
Sraffa, P. (1960), Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory, Cambridge: University Press.Google Scholar
Steenge, A.E. and Van den Berg, R. (2001), ‘Generalising the Tableau économique: Isnard’s Système des richesses’, International Journal of Applied Economics, 9, 2, pp. 121–146.Google Scholar
Viner, J. (1948), ‘Power versus plenty as objectives of foreign policy in the seventeenth and eighteenth centuries’, World Politics, 1, 1, pp. 1–29.10.2307/2009156CrossRefGoogle Scholar