%0 Journal Article %T Reconciliation or Bust? %A Elisabeth Chaves %J Journal of Critical Globalisation Studies (JCGS) %D 2012 %I Journal of Critical Globalisation Studies %X Mainstream economics posits the economy as a disembedded sphere generally governed by its own rules and principles. In reality, the economy is comprised of social relations, and conflicting interests configure those relationships. As a result, our political economy is the outcome of that conflict, a reconciliation between democracy and capitalism, variously termed democratic capitalism, embedded liberalism, or the welfare state... %K Democratic Capitalism %K International Political Economy %U http://www.criticalglobalisation.com/issue5/117_120_RECONCILIATION_OR_BUST_JCGS5.pdf