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Fukuyama rejects reductionist attempts to explain political and social institutions as mere epiphenomena of underlying economic or technological structures.
But as any Marxist will explain, political power comes with controlling the means of production, and the party's control will erode as the private sector grows.
The field known as new institutional economics, which attempts to explain political, legal, and social institutions in economic terms and to understand the role of institutions in fostering and impeding economic growth, originated in work by Coase and others.
As a central element of rational choice theory, which attempts to explain political behaviour as the rational pursuit of individual self-interest, the impossibility theorem posed a major challenge to 20th-century welfare economics and to a reevaluation of how democratic decision procedures arrive at representative expressions of individuals' preferences.
– Cristina Leston-Bandeira, a politics lecturer at the University of Hull The language used by senior politicians in the media is absolutely dire: There seems very little effort by the media to explain political decisions, rather than just jumping on any perceived gaffe or conflict.
Several studies use nested game theory to explain political party behavior, budget negotiations, electoral systems, and public policy [13].
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They are not, they have explained, political people.
As Brock explains: "Political movements arise from the spadework of intellectuals, not politicians.
The literacy promoters are also charged with helping the poor register to vote and explaining political issues to them.
His films have sometimes been criticised on the left for explaining political realities in personal and psychological terms.
Although interesting interrelations between political and economic development have been discovered, such monistic, or single-factor, approaches are inadequate to the task of explaining political change.
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