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The paper was presented as a keynote lecture at the 10th anniversary of the Amsterdam Institute for Advanced Labour Studies (AIAS) in April 2008. It surveys the trajectory of scholarly work on labor after 1945, from its initial emphasis on rights of industrial and social citizenship to its present preoccupation with "flexibility" and "flexicurity." It recalls the dissolution of the "Fordist" compromise in the 1970s and the subsequent gradual expansion of markets as the dominant mechanism for...
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Purpose – This paper sets out to investigate the potential contribution of the inter‐disciplinary field of ecological economics to the explanation of the current economic crisis. The root of the crisis is the growing disjuncture between the real economy of production and the paper economy of finance. Design/methodology/approach – The authors trace the epistemological origins of this disjuncture to the myths of economism – a mix of academic, popular and political beliefs that served to...
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The purpose of this paper is to contribute to the debate on the consequences of globalization, in particular the increasing disparity between the wealth of nations and individuals in society. It discusses mechanisms which lead to perpetuation and reinforcement of the situation in which, despite being characterized by inequalities and fragmentation, societies remain by and large cohesive and stable. This article engages with the so-called “Polanyi problem” and with Polanyi’s and other...
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The multiple ways in which multinational corporations, financial and commodity markets and global trade feed into today's civil wars have recently become a key policy concern of the international community. Over the past five years, a number of initiatives have been launched, aimed at controlling the trade in conflict goods, ensuring good resource governance, advocating corporate social responsibility and promoting conflict-sensitive business practices. This article assesses these...
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Purpose - Following Polanyi, this paper aims to suggest that the Industrial Revolution marked a break-point between pre-industrial society (characterised by integration) and industrial society (characterised by differentiation). Design/methodology/approach - As a conceptual paper, the focus is on drawing out the implications of Luhmann's application of the theory of autopoiesis to industrial society. This discussion leads to critical reflection on the state we are in and the active role we...
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Marketing in general can have greater influence if a new, yet old, perspective on marketing is adopted—something akin to the original orientation of marketing. Adopting George Fisk’s definition of marketing and marrying it with notions derived from the institutional economist Karl Polanyi is proposed. The histories of marketing thought and of institutional economics are reviewed to demonstrate their affinity and similar origins. Fisk’s conceptualization of marketing as societies’...
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Karl Polanyi is arguably one of the most significant economic sociologists. At first glance the links between Polanyi’s ideas about markets, society and institutions and strategy may not be obvious. However, there is a hereto unrecognised link between recent writing about institutions and strategy and Polanyi’s work. In this paper we, therefore, chart how, when recognised, these links reveal that Karl Polanyi’s work might provide new ways of thinking about strategy. Our over-riding claim is...
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The conventional way of producing and distributing food is based on the use of agrochemicals, fertilizers, industrial fertilizers and other techniques from the Green Revolution, with increasing dependence on financial-industrial capital, which implies the intensification of the agriculture commodification. The object of this study was the emergence of modes of organization resisting this trend. Based on the theoretical reference of Karl Polanyi (2012a, 2012b), a case study was developed in a...
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The importance of the work of Karl Polanyi to social enterprise scholarship is often maintained. However, explanations as to how and why his ideas are so relevant to the field are still relatively scarce. In this essay, we argue that engaging with Polanyi’s work directly, and Polanyian scholarship more widely, can provide a deep understanding of the underlying assumptions within current social enterprise conceptualizations, and provide insights into how the relative positioning of market and...
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Der Artikel untersucht kollektives Interessenhandeln in der (Klein-)Kinderbetreuung in Deutschland und Österreich. Mit der Polanyi’schen Figur der Doppelbewegung werden die Dynamiken der aktuellen Aushandlungen im Feld der Sorge und Sorgearbeit aufeinander bezogen und analytisch gefasst. Die Bewegung in Form einer (Quasi-)Vermarktlichung steht im Spannungsverhältnis zum ausgeprägten Berufsethos der ErzieherInnen, um das sie durch Proteste (Österreich) und Streiks (Deutschland) kämpfen.