Your search

The food-energy-climate change trilemma refers to the stark alternatives presented by the need to feed a world population growing to nine billion, the attendant risks of land conversion and use for global climate change, and the way these are interconnected with the energy crisis arising from the depletion of oil. Theorizing the interactions between political economies and their related natural environments, in terms of both finitudes of resources and generation of greenhouse gases, presents...

La sociologie des politiques économiques défendue dans cet article prend pour objet le travail permanent de construction, de naturalisation et de maintien de l’ordre économique déployé par une multitude d’acteurs et d’instruments techniques. Il s’agit d’ouvrir des enquêtes sur la façon dont prennent forme les processus de désencastrement et de réencastrement de l’économie vis-à-vis des institutions politiques et sociales. Cette piste est suivie en quatre temps. D’abord en soulignant la...

Through a framework drawn from Karl Polanyi's substantivist theorization of economic practices, this paper evaluates the quest for equitable urbanization in Chongqing, a major city-region in south-western China. Illuminating the tensions arising from two interrelated reforms, namely the ambitious attempt to construct 40 million m2of public rental housing between 2010 and 2012, and the large-scale drive to ensure peasant migrants enjoy equal access to social benefits as current urban...

Karl Polanyi's concept of a "double movement" has been used to describe the protectionist measures taken by governments to mitigate damage caused by the expansion of markets. Through a lens of political economy and historical institutionalism, this article uses Polanyi's framework to examine competing notions of the public interest as exemplified by the socially constructed nature of American and British broadcasting and the legitimating discourse that produced divergent outcomes. A...

The period leading up to and following the global financial crisis has been characterized by rising global financial diversity and multipolarity, a process underscored by the growth of so-called sovereign wealth funds (SWFs). To date there has not been any systematic examination of the interactions between this rising global financial diversity and national economic institutional diversity. Here I apply an institutional 'comparative capitalisms' perspective to the analysis of Gulf...

In the work of Karl Polanyi, the negative effects of a self-regulating market economy are described as being limited by societal forces such as the policies of the welfare state. With the decline of the modern welfare state since the late 1970s, social activities of business firms are increasingly regarded as an important complement to or even as a substitute for welfare state policies by a part of the literature. However, and controversially, another stream of argumentation regards these...

EXCERPT [KM]: Karl Polanyi has experienced a renaissance in recent years.13 We refer to his work in our remarks on the failures of the European project for three interrelated reasons: (1) Polanyi has underlined that modern markets were not generated by some evolutionary process but established by political planning.14 Europe's “internal market project” is the best conceivable confirmation of his thesis. (2) One of the most important insights of his work concerns the “social embeddedness” of...

The decision of the Court of Justice of the European Union to ban sex discrimination in insurance has shown the potential reach of the principle of non-discrimination. This paper discusses the different positions taken by participants in the policy process leading up to the decision, in order to reveal the potential and limitations of non-discrimination as the basis for market-regulatory social policy. It is shown that the European Commission's initial support for prohibiting insurance...

Purpose – The purpose of this paper is to give an overview of items that are included in recent productivity programmes in various countries and integrate these items with the ideas of virtuous circuit of productivity and socially embedded productivity. Design/methodology/approach – In depth analysis of an illustrative set of productivity measures. The analysis reveals how each measure/programme could make sense to the industrial relations actors. A new conceptual reformulation of analysed...

Modernity, or the combination of market economy, liberal democratic polity and a society driven by technological progress, we are led to believe, is the end-state of history; the glorious condition of a fully enlightened society of free citizens equipped with equal rights at which all traditional societies are bound to arrive, after a period of transition which might involve some temporary difficulties or 'sacrifices'. However, and in contrast to this, modernity rather involves an infinite...

Historically, the production of a market society has depended on the commodification of valuables such as land and labour, which has also meant the disembedding of capital from elements of the “primordial,” such as kinship, spiritual relations, and identities. Today we are still witnessing the invocation of such elements of moral economies as a basis for people's collective mobilization against market pressures. The case study in this article refers to Rosia Montana, a semi-urban village in...

Commodification has been and still is one of the key processes within capitalist market economies. Since the 1970s, different forms of knowledge have increasingly been subjected to this process. In this paper the commodification of knowledge in the field of higher education is defined in a broad sense as an example of the intensive enlargement of capitalism. I argue that knowledge shares some features of public goods and can be subjected to commodification both as an educational product and...

After the 1970s the new urban poverty (NUP) ballooned in Japan and the US, and it evoked policy responses that produced new, rescaled regulatory spaces to contain the poor on the fringe of social rights and the capital circuit. The paper illuminates this process through the comparison of Japanese and US trajectories, both of which, evolving through economic crises, have established unique pathways. The author first constructs a theoretical framework based on Marxian, Polanyian, and...

In this article, I examine the main typologies of transaction that have been built from Auguste Comte to Karl Polanyi, Marcel Mauss, and Philippe Descola. Then, I suggest to reconsidering Polanyi's typology, the most common in contemporary economic sociology, and to limit the time span to modern societies. Accordingly, it is possible to map seven forms of transaction and the related institutions at work in our societies. In conclusion, the political consequences of the existence of these...

In the first half century of Dissent’s history, Karl Polanyi almost never made an appearance in the magazine’s pages. On one level this is surprising, because Polanyi was a presence in socialist circles in New York City from 1947 through the mid-1950s, the period of Dissent’s gestation. On another level it is unsurprising, in that Polanyi was a heterodox thinker—even among fellow socialists. With some significant exceptions, it has taken decades to recognize the extraordinary theoretical...

Drawing on feminist labour law and political economy literature, I argue that it is crucial to interrogate the personal and territorial scope of labour. After discussing the “commodification” of care, global care chains, and body work, I claim that the territorial scope of labour law must be expanded beyond that nation state to include transnational processes. I use the idea of social reproduction both to illustrate and to examine some of the recurring regulatory dilemmas that plague labour...

¿Cómo es posible que un libro escrito hace setenta años despierte hoy un renovado interés y que sirva para hacer mejores diagnósticos sobre la crisis económica y sus posibles alternativas? En este texto trataremos de dar respuesta a este interrogante, mostrando los elementos que hacen de la obra de Polanyi un buen punto de partida para observar la crisis de legitimidad política y los problemas de relación entre economía de mercado y sistema político. La crítica de Polanyi a la naturalización...

Le don et l’échange marchand sont généralement opposés. Pourtant, l’un et l’autre apparaissent comme fondateurs du lien social dans la mesure où l’on prend en compte la relation qu’ils créent au niveau interindividuel et collectif. Le don apparaît ainsi associé à une certaine forme de réciprocité et le marché à une certaine forme de gratuité., Gift and commodity exchange are generally opposed. But both appear as founders of the social bond when we consider the relationship they create...

Public sociology and the sacrifices it entails, richly described in the case studies in this monograph, are driven by moral commitment. This is one element of sociology as a vocation. The other element is sociology as a science. The case studies are built on an embryonic sociology of commodification, understood in its historical dimensions and its global consequences. This sociology of commodification examines the disasters created by third-wave marketization and the bleak future for human...

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...