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Discusses various conceptions of law. Concept of law as an epiphenomenon of underlying structures; Views of economist Karl Marx on law. Discusses doctrine of individualism, constitutive role of law, property rights, contracts, the emergence of law, social ontology, the relations of individuals with social structures, self-organizing institutions, self-enforcement, Karl Polyani's view that self-regulating markets are unattainable, rule of law, social reality, and how the nature of legal...
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Focuses on the issue of moral philosophy and economic sociology. Views of philosopher Alasdair MacIntyre on morality; Works on morality. Discusses morality in social science, Karl Polyani's writings on the social context of economic change, Marxist socialism, human cooperation, social relations, self-interest, moral responsibility, market order, public ownership, redistributive taxation, social welfare, Max Weber's ethic of responsibility, and the connections between MacIntyre's and...
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Focuses on the creation of the European market for mobile telephony. Merits of the global system for mobile communications; Reasons for the emergence for a market for mobile telephony. Discusses the socio-economic factors that influenced the development of the mobile telephony market, the writings of Karl Polyani, instituted process, the process of standardization, digital technology, European telecommunications during the 1980s, and the development of market structure in the global...
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Focuses on the presentation 'Polanyian Perspectives on Instituted Economic Processes, Development and Transformation' at an international workshop held at Manchester, Connecticut. Organizer of the workshop; Theme of the workshop. The workshop was organized by the Centre for Research on Innovation and Competition. The article discusses varieties of capitalism, supply and demand, price formation, competition, economic motives, market economy, and the book "The Great Transformation," by Karl...
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Kari Polanyi Levitt has commented that her father's writing was met with a 'deafening silence' in England, a silence which she suggests is 'yet to be explained'. Given The Great Transformation was purposefully, situated in England Polanyi Levitt's point is an interesting one, and one which still deserves attention. But the last two decades have witnessed an intensification of interest in Karl Polanyi's methodological approach and theoretical insights, from England as well as elsewhere, and...
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Karl Polanyi’s 1944 book, The Great Transformation , has been recognized as central for the field of economic sociology, but it has not been subject to the same theoretical scrutiny as other classic works in the field. This is a particular problem in that there are central tensions and complexities in Polanyi’s argument. This article suggests that these tensions can be understood as a consequence of Polanyi’s changing theoretical orientation. The basic outline of the book was developed in...
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Analyzes the Marxist concept of society to interpret the rise and fall of communist orders, the shift from politics of class to politics of recognition, the transition from colonialism to postcolonialism and the development of an emergent transnationalism. Relationship between sociology and Marxism; Genesis of a sociological Marxism; Theorists of society and socialism.
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Provides an overview of some critical moments in the history of liberal capitalism as perceived by some historical witnesses. Views of brothers Max and Alfred Weber on the world economy before 1914; Historical parallels to the introduction of euro bills and coins in January 2002; Access of Germany to the world market for demographic and geographic reasons.
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Presents a comparative analysis of the double movement of the belle époque and collapse of British hegemony with the double movement of the late 20th and early 21st century belle époque and current crisis of U.S. hegemony. Emphasis on the book 'The Great Transformation,' by Karl Polanyi; Liberal crusade for free markets in the 1830s and 1840s; Role of Great Britain as the central entrepôt of world commerce and finance.
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One of the great dilemmas of the information age is the tension between two dynamics: (1) the tendency of information to be free-flowing and not to lose its value as it moves and (2) the tendency to want to control that flow of information in order to profit from its value. In 1944, Karl Polanyi identified similar contradictions in the industrial revolution, except the flowing material was capital instead of information. He spent a lifetime exposing what he felt to be the negative...
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There is a growing consensus in comparative political economy that 'globalization' is not eliminating the distinctive character of specific nation-states. Even in Europe, where formal integration between countries is most profound, nation-states remain idiosyncratic. Starting from this consensus, the questions I ask are: (a) how can we explain the coincidence of national idiosyncrasy and international integration; (b) what does our explanation tell us about processes of European integration?...
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This article reviews two books about the thoughts of economist Karl Polanyi including "The Life and Work of Karl Polanyi," edited by Kari Polanyi-Levitt, and "Karl Polanyi in Vienna: The Contemporary Significance of the Great Transformation," edited by Kenneth McRobbie and Polanyi-Levitt.
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This paper assesses some of the implications of one of the major social changes to have taken place in the West during the second half of the twentieth century — that is, the increased employment of women, together with normative changes in gender relations and in women's expectations. These changes have been linked to an increase in individualism, which itself is associated with the transcendence of ‘first modernity’. Thus it is suggested that new approaches to social analysis are required...
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The paper seeks to investigate, from a methodological and ontological perspective, different ways of theorizing the third sphere--the set of activities that can be captured by neither the price mechanism of the markets nor by governmental transactions. The first aim is to elucidate the constitutive elements of the third sphere by deploying Polanyi's forms of integration (reciprocity, redistribution, and exchange). The second is to survey the ontologically individualist and methodologically...
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The last decade has seen a revived interest in using anomie theory in crime and deviance research. The present paper contributes to this development by offering an examination of a particular extension of anomie theory, namely, Messner and Rosenfeld's Institutional-Anomie theory. Explicating Institutional-Anomie theory relative to the sociologies of Durkheim, Merton and Polanyi, I find that this theory goes beyond Merton by using a strain of thought that is critical of liberal society. By...
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Examines the views of neoclassicist Friedrich A. Hayek, sociologist Emile Durkheim and Karl Polanyi on liberalism. Relationship between the individual, the market economy and society; Features of Hayekian neoclassical economics; Information on Polanyi's book 'The Great Transformation.'
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This paper suggests that the firm can be analysed as a regulated system of contested sovereignty. The economic literature on the firm is categorised in terms of four different perspectives on sovereignty identified using the twin factors of power and authority. But rather than any single perspective being identified as analytically superior, it is argued that a system of contested sovereignty should be based on all four perspectives. Following this, a Polanyi-inspired analysis of firm...
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An important characteristic of public policy formulation over the 1980s and 1990s, particularly in the English-speaking countries, has been the increasing use of contractual principles as regulatory tools. The 'new contractualism' represents the recent re-emergence and adaptation of the social contract of the 17th and 18th centuries and the classical legal contract that emerged in the 19th century. The work of Anna Yeatman provides the most cogent and influential, non-neo-liberal scholarly...
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Discusses a Polanyian approach to environmental planning, foregrounding the concept of ecosocialization. Global problems of urban modernity; Ecological modernization and the transformation of capitalism; Discussion on ecological Marxism and the transition to socialism; Polanyian perspective for environmental planning.
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