Commentary on black political economy

Abstract

- The task of this essay is to introduce a comprehensible study of the economic condition of a black sub-altern population in the United States. The framework is informed by the monumental contribution to the field of political economy as developed by Lloyd Hogan in his 1984, Principles of Black Political Economy. Specifically, Hogan presents political economy as: "The study of a human population under going the act of social reproduction, over a protracted period of time, under a set of rules promulgated and enforced by a political state, within a bounded geographical domain." (Hogan, p.12)