Political Economics.
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How political parties find root in the society and mobilize the movement is a big question ever raised but remains unanswered. It is neither principle nor service that makes them socially acceptable. It is the dogmatic attitude that goes to tempt the people on an emotional ground. And how a political body or government survive is another question. Political economics is the economics of development. How a political economics works is well narrated in the recent VIZHINJAM PROJECT. pINARAYI IS NOT A man of politics but man of political economics who is ever thinking of projects and development as a part of his rule and government. Politics is a solution to social life.. He is a problem solving mechanism in the government which is a well matching role in his political career. Without economics there is no politics. Ecoomics is present in individual survival, family survival and social survival. since it manages the survival theory of social life mapping and managing the resources and Vizhinjam is one of the maps located.
He is determined in targeting management of state economy. And almost all rulers are doing the same task. what constitutes the difference is the result of governance or management, the formulation of projects, its implementation and the promotion of social welfare. Formulation of public schemes, the way of finding fund, appropriation of fund etc. are the key questions addressing political economics since all these questions are raised at the social platform as a part of social life and social governance.
Government is a management system implementing political economics on a policy matter. Hence political economics is different from government to government and the political economics is decided by the social attitude of the government. Government is a social engineering system accepting from environment and allocating to the environment. It is an INPUT - OUTPUT system. It takes in one form and gives in another form. It is a facilitator of life, It is generating fund , allocating fund in a project channel and the viability of the project depends on the skill of the management system which is government. How the viability of the project is measured is well answered in the return offered by the project. Cost-benefit analysis is to be done to see the viability of the project.