The Sphere of Political Economy and the Ruling Class

Abstract

The article argues that political economy is the sphere and theory through which the dominant class becomes the ruling class and when the ruling class position is acquired, it loses its function and is replaced by economics by leaving it to socialists and Marxists among others. It also suggests that the totality of capitalist socialist relations can be understood through a cubic model of representation that clarifies the borders and territories of economy, political economy and political ideology in the main, an argument grounded upon two recent books by the writer.