THE STATE-CENTRIC THEORIES OF THE POLITICAL ECONOMY
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Abstract
Concepts regarding the state machinery and governance, patron-client relationships, statism, and elite theory are all part of state-centered political economic theory. The purpose is to use the aforementioned theories in case studies that are judged acceptable based on the circumstances and to educate those who are interested in studying political economics using these four theories. Thus, the four theories—which include the establishment of an elite patronage system and the process of constructing a popular state—are presented in this article as explaining the knowledge of political economy theory. For individuals who are interested, the aforementioned ideas can serve as study guides on significant political economics concerns.
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