ABSTRACT
This chapter presents a particular mode of political-economic organisation defined by socially produced structural relations and parameters, which are always and necessarily realised in culturally and time/space specific forms. It considers cultural economy and political economy as complementary perspectives. The chapter outlines some principles that should be adhered to, on the basis of some assumptions about the economy and how best to conceptualise it. Indeed, Slater argues more generally that within economic analysis while they agree with Slater's comments regarding neo-classical and mainstream orthodoxies, his view of critical theory reveals at best a partial and warped understanding of Marxian political economy. The same event or phenomenon can be viewed through the analytic lenses of space or flow, depending upon the purpose of analysis. The chapter focuses on capitalist economies and the spaces, circuits and flows through which they are constituted, especially in capitalisms late modern phase.
