Political Economy Concepts

noun a system or range of economic activity in a country, region, or community

adjective related to the economy or economic activities

• The government is implementing new policies to boost the economy.
• I heard the economy is doing pretty well right now.
• The economy is booming, dude!
• The economy is like a delicate ecosystem, easily disrupted by external factors.

noun the act of bringing land, industries, or assets under the control of a national government

• The government's decision to pursue the nationalization of the oil industry was met with mixed reactions from the public.
• Have you heard about the nationalization of the telecommunications company? It's causing quite a stir.
• Dude, the nationalization of that company is gonna shake things up big time.
• The artist's nationalization of traditional painting techniques breathed new life into the art world.

noun the state or condition of having little or no money, goods, or means of support; condition of being poor

• The government is implementing new policies to address the issue of poverty in our country.
• Many families in our neighborhood are struggling with poverty.
• It's really tough out there for people living in poverty.
• Poverty is like a dark cloud that looms over many communities.

noun A type of capitalism characterized by the exploitation of struggling businesses or industries for profit, often through aggressive and unethical practices.

• Vulture capitalism is a term used to describe the practice of investors taking advantage of struggling companies by buying their assets at a low price.
• Some people call it vulture capitalism when investors swoop in to make a profit off of failing businesses.
• Vulture capitalism is like when vultures circle around a dying animal, waiting to pounce on the opportunity.
• The ruthless tactics of vulture capitalism can be compared to scavengers picking apart the remains of a carcass.