Main Article Content
The transformations of political economy since its formative period in the late 16th-early 17th century (Bodin, Botero, Serra, Monthchrestien) defines its object as a field of possibilities. A dynamic (that is, historical) view of political economy is therefore a condition for identifying the relationship between different theoretical frameworks addressing the economic domain. The relationship between ends and means is central to the conceptual structuring of that domain and is at the root of the cleavages and overlaps that characterize the dynamics of economic theory. This essay highlights the central role of interdependencies in the construction of economic theory and highlights their importance both for identifying the internal structure of constraints in the economy and for assessing the relative weights of partial interests that are at the origin of collective actions. The essay also highlights the intertwining of material and social interdependencies in the dynamics of economic theory, and discusses the relationship between partial interests and forms of systemic interest. The latter relationship highlights the possible coexistence of coalitions and conflicts within the same system of interdependencies and makes such coexistence to depend on the internal, multi-level structure of interdependencies in the polity. This analytical framework is then applied to the assessment of multiple possible visualizations of systemic interest in the Eurozone.