O'Connor's Theory of Political Economy

O'Connor's Theory of Political Economy emphasizes the interconnectedness of the state, economy, and society. It argues that the state plays a crucial role in managing economic interests and social relations. O'Connor highlights how political decisions shape economic structures and influence wealth distribution, affecting people's lives. He explores the tension between capitalism and social equity, suggesting that political action is necessary to address inequalities. Ultimately, his theory encourages a critical examination of how governance and economic policies impact social justice and the well-being of individuals within a society.