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Now is an important moment to be thinking and talking about a critical and normative green political economy. Whether via attempts to develop effective and socially just climate policies at multiple scales of governance [including REDD (reducing emissions from deforestation and degradation) schemes], or to develop proliferating and controversial neoliberal instruments for dealing with undesirable environmental change, environmental governance, and environmental change in the context of...
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This paper explores the dynamics of institutional change in periods of instability in the global capitalist system. Two recent bodies of literature—actor-centered institutionalism and the ‘policy mobilities’ approach—emphasize how contextual and historical specificities drive transformation as institutions move across space. However, scholars in both traditions give less attention to the systematic patterns of social conflict that influence how policies move and mutate. Drawing on the case...
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This paper proposes a neo-Polanyian framework of neoliberalization-as-marketization for understanding geohistorically embedded marketization based on five interlinked theoretical conceptualizations: embedded marketization, hybrid integration, double movement, active society, and qualitative state. I argue that this framework can be useful to supplement existing theorizing of neoliberalism, and to facilitate comparative case studies across vastly differently contexts. This framework is then...
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The author offers his opinion on Hungarian historian Karl Polanyi and the views Karl expressed in a series of letters he sent to his brother Michael Polanyi. In these letters Karl wrote about the Germans attitude towards other Jews and the developing volatile social environment in Budapest, Hungary at the beginning of the 20th Century. He also wrote on the animosity between the Germans and the Jews.
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The author offers his opinion on social economic planning and the educational courses available on them. The author states that planning social economy was a part of Hungarian economist Karl Polanyi's policy in early 20th century to stabilize the economic conductions in Hungary at that time. The auditor says that Polanyi's book "the Great transformation" formed the basis. which if acted upon, would have preevented the Global Financial Crisis of 2008.
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The author offers his views on a controversial fundraising organized by then U.S. Presidential Candidate Mitt Romney in May 2012 where he commented that he won't be bothered about a section of society who only have access to national income but have not contributions or income tax to give. The author cites this as one the reason why Romney was not successful and states that Hungarian Economists Karl Polanyi's socioeconomics theory is relevant in the 21st century.
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The author offers his opinion on Hungarian Economist Karl Polanyi's opinion on social economy. The auth through use of recent events such as the Arab Uprising since 2011 and the post communism societies discusses Polanyi's views with those of political economic planners. The author states that social change within a society post the economic recession could have been avoided had Polanyi's views being taken seriously.
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The article reviews the book "The Great Transformation," by Karl Polanyi.
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The ‘varieties of capitalism’ framework represents an influential methodological innovation in the field of comparative political economy. It seeks to account for enduring spatial variations in national economic performance by recourse to macroinstitutional analysis, drawing ideal-type distinctions between liberal market economies, modeled on USA, and coordinated market economies, modeled on Germany. Moving beyond critiques of varieties literature—for instance, its methodological...
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Building on a biopolitical understanding of the economic crisis, this essay contends that the occurrence of the crisis warns that life is not a real commodity but - to put it in Karl Polanyi's terms - a 'fictitious commodity'. This means that life cannot be integrally subsumed within the economy, and therefore the crisis is to be seen as a pathological way in which societies react to the pervasiveness of capitalist relations, showing the illusory character of self-regulating markets and...
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One of the major critical claims of this series is that the social and socio-spatial sciences, in their currently dominant form, cannot, for lack of a de-familiarising agenda, one that leads to an appropriate and continually tested strategy (praxis), effectively counter the normalized and naturalized forms and processes of late capitalist urbanization, normalized by mainstream theory in the service of established power, and their extrapolation into a ‘planetary future’. Critical urban theory...
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This article explores the interrelation of gentrification and public policies in the neighbourhoods of Prenzlauer Berg (Berlin) and Harlem (New York City). It draws on Karl Polanyi’s concept of a ‘double movement’ and argues that gentrification is fundamentally a political process. Thus, while demise in the face of market forces, or even an active support of gentrification, is clearly visible in both neighbourhoods, the relation between public policies and gentrification is also highly...
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The article discuss the characteristic of the current neoliberalism to understand it as a changeable and complex project whose economic and political sustainability is continuously reinvented and whose governance and spatiality is in need of being understood differently, if a viable alternative is to be constructed. Taking the recent neoliberal crisis as a point of departure, it discusses three main and interrelated aspects: firstly, the polymorphic characteristics of neoliberalism as a...
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The global subprime mortgage crisis in 2007–2008 led to an economic recession in Singapore, but the economy recovered strongly to post a 14.5% expansion in 2010. This article examines how labour market repositioning policies contributed to this recovery. Following Karl Polanyi's conceptualization of the economy as an ‘instituted process’, I explore how these policies function as state-driven redistributive strategies aimed at triggering reciprocal responses from employers and workers within...
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ENG TITLE: Territory, innovation and sustainable development: towards a new conventional regime? ABSTRACT: The paper examines the increasing number of diverse local development initiatives around the world aiming to break away from the predominant economic system. These initiatives, we argue, despite a somewhat visible disparity, largely rest on relatively similar principles, values and references. We argue that they are effectively laying the foundation for a new conventional regime more...
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Low-wage migrant workers in the United States confront a perilous labor market, where wages are low, the risk of injury on the job is high, and the fear of apprehension by immigration authorities is widespread. There is increasing empirical evidence that civil society organizations are becoming involved in mediating labor-market problems, but work remains to be done in developing a robust theoretical conception of why such organizations are involved in this arena and how we might evaluate...
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The ongoing economic crisis, which originated in the USA and has since spread rapidly to capital markets worldwide, is massive, complex, and many times contradictory. One could say the same for responses to the crisis as governments, firms and multi-national institutions struggle to grasp the full magnitude of the event. This article interrogates the key commodities involved-land, labor and money-and the always-uneasy relations between spaces of social reproduction and capital. Such...
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*Winner of the 2009 Distinguished Scholarly Monograph Prize, awarded by the American Sociological Association Labor and Labor Movements section* Claims have been made on the emergence of a new labour internationalism in response to the growing insecurity created by globalization. However, when persons face conditions of insecurity they often turn inwards. The book contains a warning and a sign of hope. Some workers become fatalistic, even xenophobic. Others are attempting to globalize their...
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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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There now exists a significant body of theoretically informed empirical research into ‘neoliberal environments’. It comprises numerous studies which together explore the connections between neoliberal principles and policies, on the one side, and the biophysical world on the other. However, making sense of them is by no means straightforward, despite their common focus on neoliberal environments. It is currently left to readers of these studies to synthesise them into a wider, joined-up...
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