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Towards an Inclusive Democracy, it is argued, offers a powerful new interpretation of the history and destructive dynamics of the market and provides an inspiring new vision of the future in place of both neo-liberalism and existing forms of socialism. It is shown how this work synthesizes and develops Karl Polanyi's characterization of the relationship between society and the market and Cornelius Castoriadis' philosophy of autonomy. A central component of Fotopoulos' argument is that social...
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Focuses on the social and political changes brought about by capitalism in Europe. Advocacy of socialist Karl Marx, Karl Popper and Karl Polanyi for social democracy; Discussion on the relationship between society and economy; Notion of futurism regarding the inevitability of change.
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Este ensayo trata de situar la obra de Karl Polanyi en la tradición del pensamiento marxista heterodoxo, respondiendo a las objeciones que se han planteado en contra de tal filiación. Se analizan para ello los conceptos fundamentales del pensamiento del autor desde un punto de vista marxista: la “economía sustantiva” y la “economía formal”, la “falacia economicista”, la “incrustación” (Embeddedness) de la economía, las “mercancías ficticias” y el “doble movimiento”.
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Capitalism is a social relation that cannot be reduced to the characteristics associated with it - markets, private property, profit and profit orientation. This relation can be shaped in different ways. The article refers to Karl Polanyi’s idea of the ›always embedded market economy‹ in order to develop basic characteristics of an example of post-capitalist economic ethics. Alternate abstract: Der Kapitalismus ist ein soziales Verhältnis, das sich nicht auf die mit ihm in Verbindung...
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The article explores recent contributions that rely on the combination of ideas from Karl Marx and Karl Polanyi to conceptualize social struggles. Two approaches are presented: selective perspectives, which highlighted the differences between class struggles as defined by the Marxist tradition and social reactions theorized by Karl Polanyi’s double movement, and inclusive viewpoints, that emphasized the potential convergence between these different expressions of contestation. Thus, we seek...
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How can we explain why Karl Polanyi's book The Great Transformation is more relevant today than ever before? The central thesis of the paper is that Polanyi's analysis is groundbreaking because it goes far beyond the interpretation of the civilization of the nineteenth century. By focusing on the "belief of economic determinism," Polanyi challenges the juxtaposition of being and thinking, of material life-process and consciousness. He rejects the assumption that society encompasses a world...
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In the first part of the paper, the concepts of "planning for freedom" by Friedrich Hayek and Karl Polanyi are compared. Hayek rejects "central planning" and also all kinds of "planning for specific aims," but he defends the principle of "planning for competition" as the main condition of a free society. This principle includes the provision of a pertinent institutional framework and state intervention to create markets in spheres of society previously ruled by nonmarket principles. Polanyi...
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