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This article argues for the continuing relevance of Fred Hirsch's The Social Limits to Growth (1976), valued as a critical analysis of the consequences of markets on the moral fabric of society. Two concepts that are fundamental to Hirsch—the commercialization bias and the depleting moral legacy—will be scrutinised. We further claim that this book, by emphasizing the tendency to market expansion and the corresponding commodification of increasing spheres of social life, while simultaneously...
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This chapter examines Karl Polanyi's critique of formalism in economics and his case for a more institutional economics based upon a reconstitution of the facts of economic life on as wide an historical basis as possible. The argument below reviews Polanyi's argument with regard to the relation between economic anthropology and comparative economics, the contrast between the formalist and substantive approaches to economic analysis, the notion of an economistic fallacy, the most important...
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"L'expression "économie de la connaissance" a, en ce début du XXIe siècle définitivement remplacé celle, très en vogue à la fin des années 1990, de "nouvelle économie". Les sociétés les plus avancées auraient désormais atteint un nouveau stade du développement économique dont la connaissance serait le facteur essentiel. Cette idée laisse supposer que jusque-là, celle-ci ne jouait qu'un rôle secondaire dans le processus productif. L'auteur se propose d'expliquer le sens et les implications...
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Recently Claus Offe has put the question that concerns the fate of the European model of social capitalism: can the model of social capitalism survive the European integration in the context of certain contemporary tendencies? Offe has presupposed that the mentioned model is challenged by the processes of globalisation and the integration of the post socialist countries into the European Union. The working hypothesis of the article is that there is an opportunity to provide a coherent answer...
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The effects of commercialised health care in embedding, exacerbating and legitimating social and economic inequality are at the root of widespread and recurrent resistance to commercialisation in health. In low income developing countries suffering generalised poverty, and notably in Sub-Saharan Africa, liberalisation of largely unregulated clinical provision has created a substantially informalised, fee-for-service primary health sector which is exclusionary, low quality and under stress....
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The term world-economy in our title must have already given a hint to the careful reader of our purpose in writing this paper: We intend to bridge institutional economics with world-systems analysis in order to enhance the global applicability of the former. World-economy is a term used by Fernand Braudel and Immanuel Wallerstein and means a space defined by the existence of a single division of labor (coexistent with multiple States) whereas world economy would indicate the arithmetic...
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KM translate: The volume aims to provide a contribution to the knowledge of the ways of birth and consolidation of the sociological discourse on the economy, at work and their transformations connected to the process of industrialization. The goal, mainly educational, is pursued through the analysis of the contributions that Karl Marx, Emile Durkheim, Max Weber, Joseph Schumpeter, Karl Polanyi, Frederick Taylor and Elton Mayo have offered in this regard. The treatment of these authors, whose...
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The mention of the great city of Vienna conjures up the many legacies of music, art and philosophy which it nurtured. But as important as any of these is the more prosaic legacy of the Austrian economists ranging from C. Menger to F. von Hayek. And for some, Vienna may conjure up as well, the debate that K. Polanyi had with these economists in the 1920s. However paradoxical it may seem, it was by virtue of this debate, carried on directly and indirectly over a lifetime, that Polanyi was...