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The article presents the authors' arguments on the political and policy response behind the rise of Trumpism according from the analysis of authors Kojin Karatani, Karl Polanyi and Mark Blyth. Topics discussed include Karatani's book "The Structure of World History" on the integration of modalities for political and economic system, Polanyi's analysis in the book "The Great Transformation" on the systemic balance and the transition in regimes of value for re-alignment of modalities.
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Darwin said all living things tend to multiply. However, nowadays, maintaining fertility rate below the replacement level of 2.1, human beings appear to have opted to let their population shrink. Perplexingly, it occurs while the environment seems to become more suitable for their survival. In solving this puzzle, we get a great help from Polanyi. We proved that people choose to have fewer babies and consequently, usher in depopulation, because by giving them the chance to assess all the...
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It's a ripe moment to dust off "The Great Transformation" and its anthropological critique of "self-regulating markets."
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Let me start with a bit of wisdom I once picked up from Thomas Berry, a historian of cultures who has said, “The universe is the communion of subjects, not a collection of objects.” This epigraph encapsulates the monumental shift that I believe we are undergoing as we move into a new kind of cultural if not economic reality. This article was originally published in the Fall | Winter 2008 issue of Kosmos Journal. To download a PDF version of this article, please click here.
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The aim of this contribution is to analyze the dynamic of social innovation of home-care services. Based on the works of Polanyi which analyse socio-economic dynamics and on feminist theories in the field of care, we develop an original grid of analysis developing criteria to grasp the processes of social innovation and to highlight the peculiarities of gender relationships at stake in these services. We also suggest normative criteria to evaluate the quality of social innovation. We apply...
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The causes and consequences of revolutionary change have long been the subject of scholarly debate. Through a systematic integration of political economic elements into an analysis of contemporary social transformations, this article joins this conversation by asking how Karl Polanyi’s double movement framework can clarify, and be extended by, the Egyptian Revolution of 2011. By embedding a nuanced account of neoliberalism in Egypt’s modern politics and by bringing those in dialogue with...
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The SARS-CoV-2 virus, and the associated COVID-19 pandemic, is perhaps the greatest threat to life, and lifestyles, the world has known in more than a century. The scholarship included here provides critical insights into the ethics and ideologies, inequalities, and changed social understandings that lie at the heart of this pandemic. This volume maps out the ways in which the pandemic has impacted (most often disproportionately) societies, the successes and failures of means used to combat...
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The article considers alternatives to platform capitalism in a logic of Polanyian re-embedding. Stemming from case studies in the car-pooling, delivery and hosting sectors, the results uncover hybrid business models in which the market principle is used in the service of reciprocal logic. Rejecting the formal algorithmic rationality of capitalist platforms, the alternatives seek to align individual and collective behavior with values of solidarity and goals of general interest. They are...
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The origin of the present volume was an invitational workshop focused on questions of the spatiality and diversity of markets, held at the Karl Polanyi Institute of Political Economy in Montreal in the summer of 2017. This was an apt meeting place in a more than literal sense. Although many of those in attendance did not subscribe explicitly to a Polanyian worldview or mode of analysis, most had engaged with Polanyi’s work in different ways. Some had made extensive contributions to...
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There is a growing consensus in social sciences that there is a need for interdisciplinary research on the complexity of human behavior. At an age of crisis for both the economy and economic theory, economics is called upon to fruitfully cooperate with contiguous social disciplines. The term ‘economics imperialism’ refers to the expansion of economics to territories that lie outside the traditional domain of the discipline. Its critics argue that in starting with the assumption of maximizing...
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