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Neo-liberal policies and practices which impugn state policies as artificial interferences in the smooth operation of markets are at work globally, nationally and locally. Based on research about the Justice for Janitors in California, this paper examines the experience of the campaigns in San Jose and Sacramento. The paper is organized around a tension between two issues about markets that are explained by Karl Polanyi: their social reality as complex political constructions and the...
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Polanyi argued that the project of creating a fully self-regulating market was utopian, in the sense of impossible. However, movement towards this utopia, the ever greater but never completed process of disembedding the economy from both society and nature, creates growing dislocations and tensions which call forth a counter movement. This double movement may be thought of as successive changes in the way in which the economic process is instituted. The focus of the paper is on the meaning...
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Presents the perspective of philosopher Karl Polanyi on economic change. Works of Polanyi on the topic; Analysis of pre-modern economies by Polanyi. According to Jeffrey Nugent, institutions make social life fairly predictable by restricting some actions and providing incentives for other actions. The article discusses Polanyi's book "The Great Transformation," the self-regulating market economy, scarcity, individual choice, economic development in India, trust in India's corporate...
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Discusses various conceptions of law. Concept of law as an epiphenomenon of underlying structures; Views of economist Karl Marx on law. Discusses doctrine of individualism, constitutive role of law, property rights, contracts, the emergence of law, social ontology, the relations of individuals with social structures, self-organizing institutions, self-enforcement, Karl Polyani's view that self-regulating markets are unattainable, rule of law, social reality, and how the nature of legal...
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Focuses on the issue of moral philosophy and economic sociology. Views of philosopher Alasdair MacIntyre on morality; Works on morality. Discusses morality in social science, Karl Polyani's writings on the social context of economic change, Marxist socialism, human cooperation, social relations, self-interest, moral responsibility, market order, public ownership, redistributive taxation, social welfare, Max Weber's ethic of responsibility, and the connections between MacIntyre's and...
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Focuses on the creation of the European market for mobile telephony. Merits of the global system for mobile communications; Reasons for the emergence for a market for mobile telephony. Discusses the socio-economic factors that influenced the development of the mobile telephony market, the writings of Karl Polyani, instituted process, the process of standardization, digital technology, European telecommunications during the 1980s, and the development of market structure in the global...
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Focuses on the presentation 'Polanyian Perspectives on Instituted Economic Processes, Development and Transformation' at an international workshop held at Manchester, Connecticut. Organizer of the workshop; Theme of the workshop. The workshop was organized by the Centre for Research on Innovation and Competition. The article discusses varieties of capitalism, supply and demand, price formation, competition, economic motives, market economy, and the book "The Great Transformation," by Karl...
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Kari Polanyi Levitt has commented that her father's writing was met with a 'deafening silence' in England, a silence which she suggests is 'yet to be explained'. Given The Great Transformation was purposefully, situated in England Polanyi Levitt's point is an interesting one, and one which still deserves attention. But the last two decades have witnessed an intensification of interest in Karl Polanyi's methodological approach and theoretical insights, from England as well as elsewhere, and...
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Karl Polanyi’s 1944 book, The Great Transformation , has been recognized as central for the field of economic sociology, but it has not been subject to the same theoretical scrutiny as other classic works in the field. This is a particular problem in that there are central tensions and complexities in Polanyi’s argument. This article suggests that these tensions can be understood as a consequence of Polanyi’s changing theoretical orientation. The basic outline of the book was developed in...
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Analyzes the Marxist concept of society to interpret the rise and fall of communist orders, the shift from politics of class to politics of recognition, the transition from colonialism to postcolonialism and the development of an emergent transnationalism. Relationship between sociology and Marxism; Genesis of a sociological Marxism; Theorists of society and socialism.
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Provides an overview of some critical moments in the history of liberal capitalism as perceived by some historical witnesses. Views of brothers Max and Alfred Weber on the world economy before 1914; Historical parallels to the introduction of euro bills and coins in January 2002; Access of Germany to the world market for demographic and geographic reasons.
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Presents a comparative analysis of the double movement of the belle époque and collapse of British hegemony with the double movement of the late 20th and early 21st century belle époque and current crisis of U.S. hegemony. Emphasis on the book 'The Great Transformation,' by Karl Polanyi; Liberal crusade for free markets in the 1830s and 1840s; Role of Great Britain as the central entrepôt of world commerce and finance.
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This paper assesses some of the implications of one of the major social changes to have taken place in the West during the second half of the twentieth century — that is, the increased employment of women, together with normative changes in gender relations and in women's expectations. These changes have been linked to an increase in individualism, which itself is associated with the transcendence of ‘first modernity’. Thus it is suggested that new approaches to social analysis are required...
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The last decade has seen a revived interest in using anomie theory in crime and deviance research. The present paper contributes to this development by offering an examination of a particular extension of anomie theory, namely, Messner and Rosenfeld's Institutional-Anomie theory. Explicating Institutional-Anomie theory relative to the sociologies of Durkheim, Merton and Polanyi, I find that this theory goes beyond Merton by using a strain of thought that is critical of liberal society. By...
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An important characteristic of public policy formulation over the 1980s and 1990s, particularly in the English-speaking countries, has been the increasing use of contractual principles as regulatory tools. The 'new contractualism' represents the recent re-emergence and adaptation of the social contract of the 17th and 18th centuries and the classical legal contract that emerged in the 19th century. The work of Anna Yeatman provides the most cogent and influential, non-neo-liberal scholarly...
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An outline of a theory of values-based labeling as a social movement argues that it is motivated by the need to re-embed the agro-food economy in the larger social economy. A review of some basic premises of embeddedness theories derived from the work of Karl Polanyi reveals their connection to particular values-based labeling efforts. From this perspective, values-based labeling presents itself as primarily an ethical and moral effort to counter unsustainable trends within presently...
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RésuméLes notions d’encastrement et de savoirs tacites sont souvent utilisées dans des théories expliquant les effets de proximité spatiale dans les relations entre la recherche académique et les entreprises. Même si elles ont des origines proches (ne serait-ce que parce qu’elles ont été formulées à l’origine par deux frères, Karl et Michael POLANYI), elles ont des implications très différentes en ce qui concerne l’interprétation des effets de proximité. Dans un cas (l’encastrement), on peut...
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Examines the relationship between democracy and development to set the scene for the pressing contemporary issue of how globalization might affect democracy and vice versa. Reference to the work of Karl Polanyi who posited a dual movement of market expansion matched by increasing social control over it; Impact of globalization.
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This chapter contains section titled: * Market Domination and Society's Self-Defense * The Decline of the Bourgeoisie and Anti-Capitalist Policies * Analytical Convergence and Political Divergence
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The article focuses on Europe in the age of global networks and flowing identities. In the article the author discusses the articulation of Europe. He starts with a discussion on the identity of Europe, goes on with a discussion of globalization and closes with an attempt to tie these two themes together. He then raises, in a new context, sociologist Karl Polanyi's question: "What Kind of a Time Is Our Time?" Throughout the article, specific emphasis is put on the European Union, as this...
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