Part I of our paper pinpoints the "political" in the new political economies: first, the distinction between political, public, and civic economies that are almost invariably confused; second, the role of power politics, force, and fraud in determining income differentials in the name of market forces. Part II pinpoints the "new" in twentieth-century political economies: first, the emergence of a fourth factor of production in addition to labor, capital, and land, whether identified with ...