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This article argues that ideational and institutionalist approaches to the study of policy continuity and change should be complemented by research into political ideologies, and with exploration of an 'intermediate' public sphere in which there is extensive intra-ideological dispute. Exploring contemporary left-wing debate about political economy in Britain it is shown that ideational change takes place in the context of disputes rooted in ideological tradition, involving the rearrangement...
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In this analysis of the first colonialisms in history, the eastern roots of the Phoenician colonial system in the first millennium BC are traced and the metropolis of Tyre is established as the final link in a long chain of colonial experiences in the ancient Near East. The author reviews some of the theories and debates about trade and the colonial phenomenon, scrutinises the colonial situations that arose in the East in a context of long-distance interregional trade, and analyses the...
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This paper argues that the contemporary efficacy of nationalist politics is a strategic response to neoliberal conditions of state legitimation. Using the double movement as a theoretical framework, I argue that neoliberalism alters the policy alternatives available to state actors by reducing the viability of economic protectionist initiatives once dominant in the embedded liberal era. This policy capacity reduction inhibits some of the key means for state legitimation (e.g., public...
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The present article is a critical reading of the most important modern interpretations on Aristotle's economic writings. Firstly, the debate between the “primitivists" and the “modernists" (headed by Rodbertus, Bücher and Meyer) will be studied. Then, the readings of Karl Marx, Joseph Schumpeter, Karl Polanyi and Moses Finley, will be analyzed, considering these authors as the most renowned commentators of the Aristotelian economical legacy. (English)
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The Polanyian discussion about the embeddedness of the economy in social relations, finds a new stream through the social network analysis, from which is possible to map the cooperation relations that underlie economic ones. From the latter, this article shows the analysis of nine family-based economic entrepreneurships linked to a cooperative of services and agrofood products. Through personal networks analysis we mapped and highlighted the diversity of collaborations, monetary and...
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In 1992 the construction of the Urra I hydroelectric begins, one of the most ambitious energy projects in the recent history of Colombia. Located in the inhospitable jungle region of High Sinú -northwest of the Andean territory- the environmental license granted by government entities ignored the ecological and environmental impacts the work would entail, and also failed to recognize the presence of the emberákatio indigenous people, whose constitutional rights were violated. Following the...
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This article explores the relationship of globalization to domestic law in the context of privatized welfare services in Indiana. It examines the ways that privatization can affect vulnerable populations such as welfare recipients by, in effect, partially dis-embedding the market from the state. It applies Karl Polanyi's conception of a double movement to illustrate how the political process can, in effect, re-embed the market in the state. Utilizing Indiana's recent experiences with welfare...
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KM - What should we do with Marxism ? For most the answer is simple. Bury it ! Mainstream social science has long since bid farewell to Marxism. The approach adopted here is that Marxism is a living tradition that enjoys renewal and reconstruction as the world it describes and seeks to transform undergoes change ... However, Marxsm cannot simply mirror the world. It seeks to change the world, but changing such a variegated world requires a variegated theory that keeps up with the times and...
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As the environmental debate has intensified, post-Keynesians, Regulationists and Polanyians remain relatively silent. All treat time as historical, consider economic issues subordinate to politics and have plenty to say about growth, institutions, uncertainty, and path-dependent events. These concepts seem pertinent to understanding the economic-environment problematic. This article explores the 'environmental potential' of these three heterodox economic traditions. We examine the conception...
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The author uses the theory of the 'Great Transformation' of the industrialisation of England developed by Karl Polanyi to describe the current situation in Europe. There is a strong marketisation of the economy and also of social life, but what is missing is the social policy that needs to accompany this process, if there are not to be major problems. From this perspective marketization and social policy do not exist in a zero-sum game, but are mutually dependent. The emphasis on negative...
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Why is it that in the nearly 10 years since the Chinese central government began making symbolic and material moves towards class compromise that labor unrest has expanded greatly? In this article I reconfigure Karl Polanyi's theory of the coutermovement to account for recent developments in Chinese labor politics. Specifically, I argue that countermovements must be broken down into two constituent but intertwined "moments": the insurgent moment that consists of spontaneous resistance to the...
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La crise actuelle révèle des tensions fondamentales entre capitalisme et démocratie. L'orthodoxie occidentale, centrée sur les programmes d'ajustement, s'avère incapable d'affronter ce défi à la frontière de l'économie, du social et du politique. Il est temps de se tourner vers d'autres approches. S'appuyant sur l'oeuvre singulière de Karl Polanyi (1886- 1964) qui a décelé la dérive totalitaire de la société de marché, cet ouvrage soumet de nouvelles clés pour penser certains des problèmes...
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A análise da economia enquanto processo instituído, proposta por Polanyi, concretiza-se no estudo dos padrões institucionais que esta pode assumir empiricamente: reciprocidade, redistribuição e troca mercantil. Esta última – corporizada num sistema de mercados autorregulados – apenas se assume como forma de integração dominante nas sociedades capitalistas modernas. O estudo das formas de integração – assim como a sua extensão lógica à análise dos conceitos de comércio, dinheiro e mercado –...
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A “port of trade” is a theoretical concept developed by Karl Polanyi (1886–1964) to describe the phenomenon of a particular kind of trading post.
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Using the work of Karl Polanyi as its axis, this study attempts to sketch a criticism of economicism and of the society that produces it, a society launched on a historical cultural path that may well be understood as a gradual economic totalization of human life. That is the critical path which will be posed here, if only in an embryonic manner.
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Nature and Power is to be understood not only as human power against nature but also as power by nature in the sense of Michel Foucault's biopouvoir (biopower) or Francis Bacon's "Naturae non imperator nisiparendo" (Only by obeying nature may we dominate nature). The fragile human attempts to get power over nature and by nature have a long history, reaching back over millennia until prehistoric times, and much of world history may be explained in part by the unstable relationship between...
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