Work

The Critique of Classical Political Economy in Foucault’s Analytics of Power and Government

Year: 2016
Type: article
Abstract: Foucault’s interest in classical political economy cannot be understood as part of the typical studies of the history of economic ideas presenting economic thoughts chronologically around their scientific structures, arguments and methods. Instead, Foucault aims to show how classical political economy played a major and critical role in the formation of modern power and governmental rationality and apparatuses after the 1750s. Foucault’s comprehensive and unconventional historical analysis of power and government promises to understand classical political economy as part of the problem of politics in the past and present. This paper reveals that Foucault’s history and analytics of power and government has also strong potential to innovatively approach the long-debated and thorny issues in the history of economic thought such as The Adam Smith Problem and open up new ways to interpret the place of key figures and theories in liberal governmentality such as Ricardo’s political economy
Language: English
Open Access status: green
OpenAlex ID: W3014292711
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Cites: 10
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Related to: 10