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The Politics of Economic Activity - Oxford Scholarship Online
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The Politics of Economic Activity

Andy Smith


This research essay confronts head on deeply rooted understandings of how politics affects economics. To do so, it proposes an incisive and robust alternative definition of politics: the mobilization of values to change or reproduce the institutions that orientate, and indeed make possible, economic activity. Drawing upon constructivist strands of institutionalism, political sociology, and industrial economics, this definition generates an analytical framework for understanding the ‘political work’ that constantly orientates the behaviour of both firms and public authorities. Specifically, a f ... More

Keywords: politics, the economic, values, institutions, governing, firms, freedom, security

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780198788157
Published to Oxford Scholarship Online: October 2016 DOI:10.1093/acprof:oso/9780198788157.001.0001


Affiliations are at time of print publication.

Andy Smith, author
Research Professor in Political Science, University of Bordeaux