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Marketisation of urban service delivery gained renewed intensity in the crisis. Mobilising Polanyi’s concept of double movement, we analyse how marketisation of public services both creates and constrains the potential for urban counter movements in the USA and Europe. We identify three main urban responses: ‘hollowing out’, where cities engage in service cut backs; ‘riding the wave’, where cities attempt to harness the market; and ‘push backs’, where cities and citizen movements oppose...

In this article I discuss Polanyi's intellectual formation in early twentieth-century Budapest and in 1920s Vienna, focusing in particular upon his relationship to Guild Socialist and Marxist theory and to Austrian Social Democracy. It was a period in which Marxism was evolving rapidly, and Polanyi was too. In his twenties, he reacted forcefully against what he saw as the evolutionary and deterministic traits of Marxist philosophy. In his thirties, his relationship to Marxism underwent a...

Papua New Guinea (PNG) is one of many countries around the world where the relationship between customary land tenure and economic development has been hotly debated for a long time. A commonplace of the debate in PNG is that 97% of the nation's land is held under customary tenure, while only 3% has been alienated, and these proportions have not changed since the country became independent in 1975. This paper shows that the boundary between customary and alienated forms of land or immovable...

Economics and the economy have an uneasy relationship. Economics is akin to the logic of mathematics in contrast to the term "economy," which is an institutional framework to provide for material wants. While they overlap in the modern market economy, economics provides distorted results when applied to tribal societies, the economies of antiquity, or modern state-organized economies. Harold A. Innis and Karl Polanyi both attempted to find a different conceptual framework for a truly general...

The central paradox of the contemporary world is the simultaneous presence of wealth on an unprecedented scale, and mass poverty. Liberal theory explains the relationship between capitalism and poverty as one based around the dichotomy of inclusion (into capitalism) vs exclusion (from capitalism). Within this discourse, the global capitalist system is portrayed as a sphere of economic dynamism and as a source of developmental opportunities for less developed countries and their populations....

In this paper, we critically assess two of the key conceptual foundations for the comparative capitalisms (CC) literatures, neo-pluralist political science and economic sociology, in order to identify more clearly the deep intellectual roots of these literatures. Principally, we focus on how the strengths of neo-pluralism and economic sociology – their attention to detail in considering the huge range of ‘types’ of capitalism that exist across the world – come at a high price. Put briefly,...

This article discusses some alternative or critical theoretical contributions regarding globalization and labor. The main question in this discussion is if there are changes in direction of a possible revitalization of labor movements and if international solidarity can increase due to globalization. This question also relates to discussions of changes in division of work, the concept of work, working class, commodification, decommodification, and new centers of global production--all...

For many activists and scholars, urban agriculture in the Global North has become synonymous with sustainable food systems, standing in opposition to the dominant industrial agri-food system. At the same time, critical social scientists increasingly argue that urban agriculture programmes, by filling the void left by the “rolling back” of the social safety net, underwrite neoliberalisation. I argue that such contradictions are central to urban agriculture. Drawing on existing literature and...

The purpose of this paper is to discuss group learning in line with economic perspectives of embeddedness and integration emanating from the work of Karl Polanyi. Polanyi’s work defines economy as a necessary interaction among human beings for survival; the economy is considered inextricably linked from broader society and social relations rather than autonomous and driven by self-interest in free market conditions. He specifically outlines three key forms of integration that are crucial to...

The Great Transformation by Karl Polanyi, written in 1944, is a twentieth-century classic. It presents a passionate critique of the inhumanity of liberal capitalism, an inhumanity which, Polanyi thought, could never be repeated. The social and political institutions developed in the post-War period not only protected society from the cruelty of the self-regulating market, but were essential to enable the market itself to function. The history of the market, Polanyi tells us, is a history of...

Purpose -- This paper furthers the analysis of patterns regulating capi-talist accumulation based on a historical anthropology of economic activ-ities revolving around and within the Mauritian Export Processing Zone (EPZ). Design/methodology/approach -- This paper uses fieldwork in Mauritius to interrogate and critique two important concepts in contemporary social theory -- "embeddedness" and "the informal economy." These are viewed in the wider frame of social anthropology's engagement with...

This article attempts to combine the Polanyian perspective on the issue of market societies with an the analysis of the institutional foundations of capitalism that is facilitated by the Varieties of Capitalism(VoC) approach. The article departs fromthe argument that the VoC school has upgraded our insight into the institutional working ofmodern capitalism, but became entrapped in an overt structuralismwhich considers institutional change as just an interplaywithin a self-odering...

Underpinning this article is the proposition that regional integration with a social dimension has the potential to engender a more equitable pattern of globalisation. The empirical focus of the article is on the ex)tent to which the insights of 'embedded liberalism' associated with regional economic integration between he industrialised nations of the European Union (EU)can be applied to regional economic integration within sub-SaharanAfrica. The article contends that EU market...

This paper examines the declining support for centrist parties in many western countries. Using the seminal ideas of Karl Polanyi, the paper argues this decline is attributable to the rise of neo-liberal free market policies that have resulted in widespread insecurity and led many voters to seek out political alternatives on the right and left. The paper further examines possible reasons why parties of the right, rather than the left, have been more successful at this historical juncture in...

This thesis proposes a new counter-narrative to the neo-liberal agenda that combines two seemingly disparate bodies of work: New Governance and Nancy Fraser’s theory of justice. New Governance is a new and rapidly growing strand of legal thought and practi ce that has simultaneously developed a following in Europe and the United States. In short, legal scholars in this field of research are advocating a shift away from long-standing command-style, fixed-rule regulation toward more...

The article discusses the emergence of millennialism, which is considered as one of the outcomes of the spiritual victory of Christianity over the Greco-Roman culture. The formulation of the historical-sociological category of cultural catastrophe by Hungarian economic historian Karl Polanyi is tackled. The presence of a divine messenger as one of the three elements of a messianic movement is cited. The concepts of revolutionarism, Jacobinism and Marxism are also addressed.

The paper examines Nancy Fraser’s Polanyian reading of the current capitalist crisis and her expansion of Polanyi’s notion of the ‘double movement’–social forces struggling for marketization and social protection– into a ‘triple movement’ by adding the struggle for emancipation as a third factor. In its first part, the paper reviews Fraser’s central arguments with a special focus on her reading of Polanyi’s idea of the “fictitious commodities” land, labor, and money. Second, the authors...