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L’articolo discute di innovazione sociale sulla base dell’analisi di Polany e di Marshall e dei contributi successivi che si sono sviluppati a partire da quel quadro teorico. Le ragioni dell’innovazione sociale vengono interpretate alla luce della crisi del welfare capitalism e dei disequilibri che si sono manifestati nelle istituzioni fonti di integrazione e coesione sociale. Gli autori propongono una valutazione dei processi e delle esperienze di innovazione sociale che ne mette in luce la...

Over the past twenty years, a widening gulf has appeared between the increasingly internationalized financing arrangements of the world’s leading corporations and the persistence of nationally compartmentalized approaches to the study of corporate control. In lieu of direct empirical evidence on corporate control at the global level, the most widespread assumption is that the globalization of ownership has taken the form of an expansion of arm’s-length, market-based arrangements...

This article draws attention to issues about the institutional matrices theory (IMT) as perceived by and raised in the article by F. Gregory Hayden. To clarify the “controversial” points, I structure my response narrative along two lines. First, I present the prehistory of IMT, or X- and Y- theory, including earlier work by scientists related to the concept of institutional matrix. I connect the development of the actual IMT with the period of “perestroika” and the associated market...

Drawing on ethnography of the World Bank's private sector development program, this paper explores the ways in which discussions of export competitiveness emerged in the past decade or so and how they interacted with larger discourses on solidarity and development. The immediate context within which this idea emerged was that of the structural adjustment programs (SAPs) which had maintained that the public regulation of the private economy compromises on industrial productivity (and by...

Structural changes in Norwegian and Danish food industry since the 1990s is analysed as a path dependent response to the neo-liberal turn. Norway entered the 1990s as a protected market and Denmark as case of an export oriented industry. These developmental strategies are rooted in early 20th century industrialisation and influenced by institutional transformations in the 1990s, such as EU and WTO. Mergers and acquisitions (M&A) are studied in the context of changing political environments....

Unconventional oil and gas extraction (UOGE) has spurred an unprecedented boom in onshore production in the US. Despite a surge in related research, a void exists regarding inquiries into policy outcomes and perceptions. To address this, support for federal regulatory exemptions for UOGE is examined using survey data collected in 2015 from two Northern Colorado communities. Current regulatory exemptions for UOGE can be understood as components of broader societal processes of...

Clean Development Mechanism (CDM) has incorporated sustainable development as one of their objectives. This objective gives companies an increasing motivation to contribute to sustainable development through their corporate social responsibility (CSR). However, perceived profitability of companies with carbon commodification were negatively associated with CDM projects. This paper aims to identify CSR activities in CDM in three Latin American countries, namely, Brazil, Mexico, and Peru and...

The article uses a case study of the American Manufacturing Extension Partnership to explore economic and industrial policy in the contemporary USA. Extensive quantitative and qualitative data are mobilized to show that: (a) the agency is pressured politically to limit its activities to 'blunt' remedies for identifiable 'market failures'; even as (b) regional centers in fact often orient also, and sometimes instead, toward 'coordination-oriented' policies to mitigate 'network failures'; and...

M. Sornarajah's recent analysis of investment arbitration as an offshoot of 'neoliberalism' is basically correct. But it attaches too much importance to the bias of the arbitrators and the procedural problems in arbitral practice. The controversy over the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP) and investment arbitration generally is not about the niceties of arbitral procedure, the discretion of arbitrators or the pros and cons of the...

This paper explores the nexus of religion, space, and development. It sheds light on the role of faith-based organizations (FBOs) as partners in sustainable development and key actors for achieving the Sustainable Development Goals in sub-Saharan Africa (SSA). Applying and building on the theoretical framework of Polanyi’sThe Great Transformationindicates that FBOs with value-laden agendas have formed new state spaces during the age of globalization, where state capacities are transferred to...

The subordination of society to self-regulating international markets is the reason why British workers and industries so often fall prey to predatory financiers, writes Ann Pettifor. It is also a fundamental cause of current political crises throughout the west – just as Karl Polanyi described almost 80 years ago.

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.

Studies have pointed out that the value of markets is related to their impact on the character of a society. Karl Polanyi's thesis about social disembeddedness attributed to 19th century economic liberalism the responsibility for consolidating the process of separating markets from society, which changed the dynamics between the state and population when economic rationality began dictating their connections. However, Polanyi only suggested analyses regarding power relations between these...

A literary criticism of the book "Lawyers' Empire: Legal Professions and Cultural Authority" by Canadian lawyer W. Wesley Pue is presented. It outlines economic historian Karl Polanyi's assumption of Great Transformation in Western Europe that made the period of Pue's book long. It examines lawyers being innovators in Canada.

The article presents the views of economic historian Karl Polanyi on the nature of economic and social embeddedness. Topics discussed include relationship between the economic and social embeddedness, the impact of the market economy, the transformation of society and production of material goods. Particular focus on limits of privatization, commodification, and marketization.

Purpose The paper aims to relate the four modes of coexistence of goal-orientated systems – conflict, hierarchy, the niche and cooperation – to static behavioral descriptions of social systems.Design/methodology/approach Analyzing the options for interactions of goal-orientated systems leads the four modes of coexistence. These show certain behavioral characteristics. Searching for these characteristics in selected behavioral descriptions in organizational theory, sociology, political...

Progress in analysing the instrumental view of governance as an engine for growth, poverty reduction, and inclusive development has been held back by the difficulty in framing governance. This essay seeks to address this problem by 1) reframing urban governance 2) evaluating its aims, processes, and outcomes, and 3) explaining those outcomes on the basis of which some lessons are teased out. Using examples from Africa and an institutional political economy approach (based on institutional...