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This article applies the model of the moral economy in the ancient world, as formulated by Karl Polanyi and applied by Halvor Moxnes, to the economic relations reflected in the Didache. The study partly confirms Aaron Milavec's contention that the instructions in the text would provide an 'economic safety net' for members of the community by putting in place a system of generalised reciprocity and redistribution, although Milavec's depiction of the community as an 'urban working class'...
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In the aftermath of the 1930s Great Depression, and as the Second World War was drawing to a close, Karl Polanyi concluded a critical analysis of market capitalism on an optimistic — and with the benefit of hindsight we can add premature — note, remarking that the ‘primacy of society’ over the economic system had been ‘secured’. Eighty years later, amidst the unresolved turmoil of another comparable global capitalist economic crisis and accumulating signs of a growing environmental crisis,...
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Microanalysis holds sway over macroanalysis in contemporary criminology. All of criminology would be better off if greater attention were devoted to the big picture—the relationship between crime and the interplay of institutions in the social systems of whole societies. Microlevel researchers often assume that the reduction of individual criminal propensities leads ipso facto to reductions in aggregate crime rates, but the implied connection is illusive, has not been demonstrated, and is...
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This essay sheds light on the neoliberal aspects of the Italian political-economic system exemplified in the relationship between capital, state and media. The main argument is that the specific marriage between neoliberalism and neocorporatism that characterizes Italy reveals a distinctive characteristic of neoliberalism: a class project relying heavily on the state. As Polanyi has suggested through the concept of 'embeddedness', capitalism has consistently developed through the double...
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Karl Polanyi is the author of a modern social science classic, The Great Transformation, as well as a number of well-known and widely debated essays collected in Trade and Market in the Early Empires and Primitive, Archaic and Modern Economies. These texts were researched and written either during his second exile in 1930s Britain or in wartime or post-war North America. Not so well known, however, are his Hungarian writings from the 1910s. Until recently, very few of these had been...
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Darwin said all living things tend to multiply. However, nowadays, maintaining fertility rate below the replacement level of 2.1, human beings appear to have opted to let their population shrink. Perplexingly, it occurs while the environment seems to become more suitable for their survival. In solving this puzzle, we get a great help from Polanyi. We proved that people choose to have fewer babies and consequently, usher in depopulation, because by giving them the chance to assess all the...
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Most analyses of the US financial crisis of 2007–2009 focus on the proximate causes. This article sees the crisis as a consequence of the decline of a long-term pattern of accumulation in the USA and seeks to outline the requirements for a new period of dynamic economic growth. Drawing on work done by the French Regulation theorists and the US analysts of Social Structures of Accumulation, the paper attempts to describe the types of institutional changes that would be needed to spark a new...
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The coexistence of border-enforcement policies such as Operation Gatekeeper and economic liberalization programs such as NAFTA is arguably paradoxical given the simultaneous push towards afree flow of products but curtailed flow of labor. This paper presents a critical review and reassement of existing accounts of neoliberal statehood to make sense of this apparent puzzle. While some have argued that the state is eroding under neoliberal globalization, a more sophisticated analysis has...
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The article aims to bring evidence that the solidarity economic undertakings, based on voluntary association, productive cooperation and self-management, employ a unique rationality, different from the capitalistic one. Classical authors such as Schumpeter, Polanyi and Weber, besides some scholars dedicated to the solidarity economy or to micro-entrepreneurship, such as Laville, Portela and Hespanha, give us a theoretical framework, which is used to review the concept of entrepreneurship and...
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This article addresses the potential for food movements to bring about substantive changes to the current global food system. After describing the current corporate food regime, we apply Karl Polanyi's 'double-movement' thesis on capitalism to explain the regime's trends of neoliberalism and reform. Using the global food crisis as a point of departure, we introduce a comparative analytical framework for different political and social trends within the corporate food regime and global food...
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The article offers information on the features that contribute to the modernization in Russia. It discusses various value structure theories from various persons. It says that from the analysis of world survey statistics, Yevgeny Yasin concluded that Russians are more conservative compared to other western countries. Details regarding the mentality of Russian people are discussed including Russians' high score on cycloid scale and their tendency to fulfill their task at the last moment....
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This article is a reflection on the perspectives of feminism in the context of the current crisis of neoliberal capitalism. It is based on the theories of Karl Polanyi that explained the historical process of the crises as a result of the conflict between two elements – marketization and social protection. However, Polanyi Kept out of sight forms of injustice that are not present in the market. He also had the tendency to excuse the social protection as an instrument of domination. This...
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RésuméEn dépit de l’absence d’un exposé économique systématique dans l’œuvre de Sartre, nous soutenons qu’il y a bien une économie sartrienne, même si celle-ci est encore à développer. Le statut que Sartre réserve à la « rareté » lui permet de faire un pas supplémentaire vers la critique de l’économisme par rapport à celui déjà effectué par Karl Polanyi, qui s’est contenté de récuser la confusion entretenue entre l’économique et sa définition formelle. La rareté, nous enseigne Sartre, ne...
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This paper turns Karl Polanyi's concept of the "double movement" back on Polanyi and his intellectual contemporary, Friedrich Hayek, as a means to insight into the structural conditions of counter-movement in the second half of the 20th Century. After elaborating on the double movement concept, I contrast the trajectory of Polanyi and his greatest work, The Great Transformation, with that of Friedrich Hayek and his contemporaneous Road to Serfdom--treating each as protagonists in the...
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Özet: 20. yüzyılın önde gelen iktisatçılarından olan Karl Polanyi (1886-1964), Büyük Dönüşüm adlı eserinde ortaya koyduğu özgün tezler ile halen kapitalizme en ciddi eleştiriyi getirmiş kişilerden biri kabul edilmektedir. Polanyi'nin klasik ENG: Karl Polanyi is known as one of the most famous economists of the world who strongly criticized liberalism and the idea of self-regulating market. Polanyi’s masterpiece The Great Transformation is still accepted as one of the most powerful...
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In this paper I propose that role of law in Karl Polanyi's concept of the 'always embedded economy' (Block 2003) can be enriched by the application of the lens of community (Perry-Kessaris 2008) developed by Roger Cotterrell (1996-present). I begin with Polanyi's suggestion that economic action and interaction are always 'embedded' in wider social life. Reading through the lens of community, we can be more specific: any actor is at once engaged, to different degrees (from fleeting to...
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The “ Loi établissant le service de l'assistance publique" (Public Welfare Act) sparked considerable controversy after its adoption in 1921 .The Act provided for provincial and municipal grants to private and religious institutions providing shelter to the poor and destitute. Led by Henri Bourassa, among others, the debate concerned the problem of state intervention in an area traditionally conceived of as the responsibility of the Church. In contradiction to Bourassa's theories, most...
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The dominant approach of CSR is based on the concept of "stakeholders" (R. E. Freeman). More than a theory, it is a slogan which irrigates as much the scientific discourse as the manager and political discourses. We can make two readings of this slogan. The first one, which is very reducing for us, consists on the deconstruction of the firm as institution and its replacement by a market representation based on bilateral exchanges between rational individuals. The second one, more promising...
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Sociologists have examined the ways in which capitalism contributes to environmental degradation as well as how, in selected circumstances, it increases efficiency while reducing pollution and human injustices. In this review, we draw on Polanyi's concept of the double movement to illustrate how self regulating markets give rise to environmental degradation and inequities and, in response, how these conditions often stimulate the emergence of collective action in pursuit of regulatory and...
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The Global South has entered an era of ideological flux. The inadequacies of neoliberalism have spawned a widespread questioning of this dominant worldview. Intellectuals and political movements search for an alternative development ideology that explains what has gone wrong, provides a vision of a more desirable future and suggests a process for achieving this goal. Responding to these challenges, the World Bank and other purveyors of the dominant model have undertaken a gradual shift from...
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