What is the subject matter of political economy?

What is the subject matter of political economy?

Political economy is an interdisciplinary branch of the social sciences that focuses on the interrelationships among individuals, governments, and public policy. Political economists study how economic theories such as capitalism, socialism, and communism work in the real world.

What does Marx mean by political economy?

Marxist Political Economy (MPE) denotes a range of political economy perspectives that are broadly connected to and in the tradition of the writings (notably The Communist Manifesto, Grundrisse and Capital) and insights of Karl Marx.

Is the study of political relations between nation states?

International relations, the study of the relations of states with each other and with international organizations and certain subnational entities (e.g., bureaucracies, political parties, and interest groups).

What is the nation state and who decides who belongs?

The legitimacy of a nation-state’s rule over a territory and over the population inhabiting it stems from the right of a core national group within the state (which may include all or only some of its citizens) to self-determination. …

What is the relationship between a country and a state?

A country is a nation with its own government within a geographical region. A state is also a self-governed group of people within a geographical region.

Is Philippines a state or nation?

Answer and Explanation: The Philippines is a nation. The Philippines are a nation that is made up of a large number of islands located off the mainland of Asia.

Is Article 12 a fundamental right?

Article 12 in itself is not a fundamental right technically, but it defines the term ‘State’ for the Fundamental Rights that are entailed in the Article 14-35.

Can a state exist without a territory?

International law defines sovereign states as having a permanent population, defined territory, one government and the capacity to enter into relations with other sovereign states. According to the declarative theory of statehood, a sovereign state can exist without being recognised by other sovereign states.

Does judiciary come under state?

Since the courts were established to decide and interpret the law, which is related to the public sphere, therefore Judiciary would fall under the definition of ‘State’ under Article 12.

What are the roles of the judiciary?

The judiciary is the arm of government which administers justice according to law. The term is used to refer broadly to the courts, judges, magistrates, adjudicators and other support personnel who run the system. The courts apply the law, settle disputes and punish law-breakers according to the law.

Which authority do not come under the ambit of other authority under state?

However, in Rupa Ashok Hurra v. Ashok Hurra the Apex Court reaffirmed and ruled that no judicial proceeding could be said to violate any of the Fundamental rights and that it is a settled position of law that superior courts of justice did not fall within the ambit of ‘state’ or ‘other authorities’ under Article 12.

What is Article 31A of Indian Constitution?

Thereafter, this motion was taken back by the government and Article 31A walked in the Indian constitution by the First Amendment, in the year 1951. This law in its 5 clauses states that any law, made regarding the acquisition of any estate or right by the government or management of any property, or.

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