Skip to main content Accessibility help
×
Hostname: page-component-586b7cd67f-t8hqh Total loading time: 0 Render date: 2024-11-26T13:17:32.032Z Has data issue: false hasContentIssue false

6 - Constellations of Interests and Institutional Architecture

from Part II - Political Spaces and Policy Actions

Published online by Cambridge University Press:  03 August 2023

Adrian Pabst
Affiliation:
University of Kent, Canterbury
Roberto Scazzieri
Affiliation:
Università degli Studi, Bologna, Italy
Get access

Summary

The constitution of a given economy involves features of invariance in the constellations of positions associated with the existing division of labour. The positions of individual or collective actors relative to one another turn a mere collection of actors into a structured body of interdependencies that is already political and economic prior to its formal establishment through a visible settlement. Interdependencies between actors are conducive to plural ways in which interests arise and group affiliations are shaped. This chapter emphasises the distinction between conciliation of interests as compromise between partial interests and conciliation as pursuit of partial interests under a ‘systemic interest’ reflecting the viability of a given body of interdependencies. Institutional architectures are relatively stable systems of formal and informal rules that determine which constellations of affiliations and interests are possible and which ones may be expected for any given pattern of relative positions. There is a two-way relationship between interdependencies and institutional architectures. Alternative patterns of interdependence are associated with different identifications of systemic interest and different patterns of conciliation under that constraint. On the other hand, institutional architectures may trigger interests that may or may not be compatible with existing interdependencies and their transformation over time.

Type
Chapter
Information
The Constitution of Political Economy
Polity, Society and the Commonweal
, pp. 156 - 186
Publisher: Cambridge University Press
Print publication year: 2023

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×