Abstract
The relevance of the topic is determined by the current state of political economy as a subject for study. Economic life is primarily a field of production relations, the laws of which determine the nature and direction of its development. The task is to show that political economy studies the economic processes that create a single material life process of society. The main methods of research are the study of archival materials, methods of comparative analysis, deduction, theoretical and methodological approaches. The aim of the work is a comprehensive study of such a phenomenon as political economy and its components: production relations, productive forces. Results of the study. In the context of global geopolitical confrontation, many modern scientists and public figures see in the development of production relations a mechanism for the social and state development of Russia. The analysis of scientific researches of the existing economic system devoted to productive forces, production relations, development of material and technical base, etc. is given.
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