TY - CHAP
T1 - Political Property Rights and Entangled Political Economy
AU - Salter, Alexander William
N1 - Publisher Copyright:
© 2021, Springer Nature Switzerland AG.
PY - 2021
Y1 - 2021
N2 - I contribute to the theory of entangled political economy by showing how entanglement can be characterized in terms of political property rights. A political property right grants its holder a share of decision-making power in a specific context, as well as specifies to whom the costs and benefits from those decisions accrue. Because entangled political economy focuses on the complex relationships that exist between market and political enterprises, theorizing about these relationships as exchanges of political property rights can give us meaningful information about what entanglement is, when it exists, and how it can be expected to develop. I briefly survey the theory of political property rights, show how political property rights within a broader entanglement perspective helps understand constitutions, and discuss several applications of political property rights that can advance entangled political economy scholarship.
AB - I contribute to the theory of entangled political economy by showing how entanglement can be characterized in terms of political property rights. A political property right grants its holder a share of decision-making power in a specific context, as well as specifies to whom the costs and benefits from those decisions accrue. Because entangled political economy focuses on the complex relationships that exist between market and political enterprises, theorizing about these relationships as exchanges of political property rights can give us meaningful information about what entanglement is, when it exists, and how it can be expected to develop. I briefly survey the theory of political property rights, show how political property rights within a broader entanglement perspective helps understand constitutions, and discuss several applications of political property rights that can advance entangled political economy scholarship.
KW - Constitutional political economy
KW - Entangled political economy
KW - Political property rights
KW - Public choice
UR - http://www.scopus.com/inward/record.url?scp=85125561494&partnerID=8YFLogxK
U2 - 10.1007/978-3-030-56088-1_9
DO - 10.1007/978-3-030-56088-1_9
M3 - Chapter
AN - SCOPUS:85125561494
T3 - Studies in Public Choice
SP - 111
EP - 123
BT - Studies in Public Choice
PB - Springer
ER -