1. Political Economy and Machiavelli's The Prince
However, the ideal role of the government and in economy is to have both regulatory practices and democratic foundations. ... As Machiavelli explained it, one of the roles of a Prince is to acquire as much territory and to colonize, which essentially one of the roles of the state to acquire economic power and expansion. ... In comparison to Machiavelli, Hobbes defines the role of the state on a social perspective as well. ... Unlike Adam Smith, Polanyi gives much credit to the state's role in the economy. ... Lastly, we analyze an imperialist and neo-liberalist perspective on the states r...
- Word Count: 1585
- Approx Pages: 6
- Grade Level: Undergraduate