Photo Ulysse Lojkine

ULYSSE LOJKINE

JEUNES DOCTEURS ET ATER

Research interests

  • arrow_right Economie du travail
  • arrow_right Inégalité et bien-être
  • arrow_right Théorie des jeux

Research group

    Transitions, Environnement, Énergie, Institutions, Territoires
2024-31

Three views on economic power

Alexandre Chirat, Ulysse Lojkine

Abstract
We investigate the concept of economic power in the three main paradigms of economic thinking in the 20th century: neoclassical, marxist and institutionalist. We propose a reconstruction, based on a new taxonomy, of the various forms of power conceptualized by each of them. In particular, we claim that the neoclassical paradigm contains a consistent although often implicit theory of power. We then show that many controversies between these paradigms were debates on power and that some shifts in mainstream economics in the 1970s and 1980s are a reaction to the criticisms leveled against the neoclassical conceptualization of power.
Mot(s) clé(s)
Power – Markets – Consumer sovereignty – History of economics
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