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Cambridge Political Economy

Cambridge Political Economy is a school of thought that analyzes how economic activities and policies interact with societal and political factors. Originating from Cambridge University in the early 20th century, it examines the dynamics between government policies, economic systems, and social institutions, emphasizing that economic decisions are influenced by political priorities and social contexts. Unlike purely economic models that focus only on markets, Cambridge Political Economy explores the broader picture, including power relations, class structures, and institutional effects, aiming for a comprehensive understanding of how economies function within societies.