For Gramsci, hegemony is the antidote to vulgar economism.

Evidence

Gramsci, clearly, answers these questions in the affirmative. He is especially sharp against any form of vulgar economism: “It is therefore necessary to combat economism not only in the theory of historiography, but also and especially in the theory and practice of politics. In this field, the struggle can and must be carried on by developing the concept of hegemony.” — Hall, Stuart, Essential Essays, Volume 1, 626

Categorization

• XREF: Hall’s anti-economism here parallels the critique of market-centric explanation in Milgrom’s institutional economics — both reject pure economic reductionism.
• DEFINE: Clarifies what vulgar economism means and why hegemony is posed as its corrective within Marxist theory.