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In light of the spread of markets across the globe and deeper into daily life, this paper argues for a more robust analysis and application of Karl Polanyi's conception of (dis)embedded markets coupled with the performativity thesis authored mainly by Michel Callon. It suggests that while disembeddedness as a concept is necessary for an analysis of contemporary financial markets that are increasingly self-referential, it is not sufficient. Despite the suggestion of a gulf between Polanyian...

The paper provides an introduction to a theme issue devoted to the influence—and the potential—of the work of Karl Polanyi in the field of economic geography. Polanyi has been an inspirational figure in the heterodox field of ‘socioeconomics’, where the inseparability of the economic and the social is taken to be axiomatic. He has also made recurrent appearances in economic geography since the early 1990s, as a progenitor of the ‘networks and embeddedness’ approach and in his role as a...

Karl Polanyi has been an influential but also somewhat elusive figure in economic geography. Best known for his evocative notion of social embeddedness, it is perhaps fitting that Polanyi's presence has been more metaphorical than substantive. The paper asks what a more engaged Polanyian economic geography might look like. Focusing on methodological affinities, a response is developed in terms of a commitment to the substantivist (as opposed to formal) analysis of actually existing economic...

In this paper, informed by more-than-human and biosecurity literatures, I attend a neglected nonhuman considered a serious agricultural pest: the fruit fly. In addressing what it takes to live without fruit flies, biosecurity is theorised as ongoing, enacted achievement sustained (or not) by everyday and eventful interactions of heterogeneous spaces, strategies, and participants—human and nonhuman. Relations of fruits, flies, and people are explored through one vital attempt to biosecure...

Now is an important moment to be thinking and talking about a critical and normative green political economy. Whether via attempts to develop effective and socially just climate policies at multiple scales of governance [including REDD (reducing emissions from deforestation and degradation) schemes], or to develop proliferating and controversial neoliberal instruments for dealing with undesirable environmental change, environmental governance, and environmental change in the context of...

This paper explores the dynamics of institutional change in periods of instability in the global capitalist system. Two recent bodies of literature—actor-centered institutionalism and the ‘policy mobilities’ approach—emphasize how contextual and historical specificities drive transformation as institutions move across space. However, scholars in both traditions give less attention to the systematic patterns of social conflict that influence how policies move and mutate. Drawing on the case...

This paper proposes a neo-Polanyian framework of neoliberalization-as-marketization for understanding geohistorically embedded marketization based on five interlinked theoretical conceptualizations: embedded marketization, hybrid integration, double movement, active society, and qualitative state. I argue that this framework can be useful to supplement existing theorizing of neoliberalism, and to facilitate comparative case studies across vastly differently contexts. This framework is then...

The author offers his opinion on Hungarian historian Karl Polanyi and the views Karl expressed in a series of letters he sent to his brother Michael Polanyi. In these letters Karl wrote about the Germans attitude towards other Jews and the developing volatile social environment in Budapest, Hungary at the beginning of the 20th Century. He also wrote on the animosity between the Germans and the Jews.

In this study author will try to make comparative analysis of Adam Smith and Karl Polanyi's ideas about market. According to Smith market is a mechanism which allocating resources through invisible hand. Contrary to Smith, Polanyi, asserts that a market is a intervention style to economy. Intervention is an inherent property of market. In the first part of this study Adam Smith's opinions about market which assings limited duty to state and defends social interest will come true through...

This paper aims to clarify the logical structure of Karl Polanyi's concept of institution, especially with regard to his most important contribution to political economy—the conception of self-regulating markets as institutions. Although Polanyi did not provide a well-developed concept of institution, this article argues that such a concept exists in his work. Moreover, there is in Polanyi's work a sophisticated institutionalist account of the self-regulating market that has been largely...

The author offers his opinion on social economic planning and the educational courses available on them. The author states that planning social economy was a part of Hungarian economist Karl Polanyi's policy in early 20th century to stabilize the economic conductions in Hungary at that time. The auditor says that Polanyi's book "the Great transformation" formed the basis. which if acted upon, would have preevented the Global Financial Crisis of 2008.

The author offers his views on a controversial fundraising organized by then U.S. Presidential Candidate Mitt Romney in May 2012 where he commented that he won't be bothered about a section of society who only have access to national income but have not contributions or income tax to give. The author cites this as one the reason why Romney was not successful and states that Hungarian Economists Karl Polanyi's socioeconomics theory is relevant in the 21st century.

The author offers his opinion on Hungarian Economist Karl Polanyi's opinion on social economy. The auth through use of recent events such as the Arab Uprising since 2011 and the post communism societies discusses Polanyi's views with those of political economic planners. The author states that social change within a society post the economic recession could have been avoided had Polanyi's views being taken seriously.

The article reviews the book "The Great Transformation," by Karl Polanyi.

Penseur au parcours très singulier, Karl Polanyi est l’un des fondateurs d’une discipline nouvelle, l’anthropologie économique, qui se consacre à l’étude des échanges dans les sociétés anciennes et ambitionne de théoriser, à l’échelle de l’humanité, ce qu’il en est des rapports entre société et économie.?Pourtant, son œuvre la plus célèbre, La Grande Transformation, ne sort pas du cadre de l’histoire... Plan of the article: Radical liberalism versus social life The free market: an...

In this article I revisit Karl Polanyi's writings on ancient Mesopotamia. I begin by situating them in the context of his general approach to trade, markets and money in the ancient world. Next, I reconstruct his major theses on Mesopotamia, drawing upon his published works as well as unpublished documents in the Karl Polanyi and Michael Polanyi archives. Finally, I provide a critical assessment of the merits and demerits of his contribution, with reference to Assyriological research...

Faced with the twin challenges of anthropogenic climate change and ‘peak oil’, the need for an urgent and radical transformation of transport energy has been widely recognised. Adopting a neo-Polanyian economic sociology approach, this article asks what conditions European governance capacity to respond to these challenges, at either national or regional levels, using biofuels as a case study. It asks if the complexity of its political institutions, and the heterogeneity of interests and...

The author deals with two interconnected features of contemporary Hungarian rural family life from a historical perspective based on fieldwork carried out in Varsány in the early 1970s and between 2000 and 2005. The first is the intertwining of the lives of successive generations of families in a period when other segments of Hungarian society were becoming more individualistic. This case puts into question whether economic models of the direction of the flow of goods between generations...

This article examines the history of globalized capitalism from the perspective of the relations to the environment which it helped to construct. It proposes a definition of globalized capitalism as a form of relation to nature. If philosophy has frequently postulated that modernity is characterized by the dissociation between the natural and the social, the history of the economic take-off of the states of Western Europe throws a singular light on this hypothesis. Combining a reading of...

European economic integration with a minimalist social policy at EU level was in part made possible by strong domestic labour market and social welfare institutions. The main contention of this paper is that EU market liberalisation was embedded within institutions of social citizenship at domestic level, which served to counter the liberalisation of the internal market. But this settlement has been put under strain. In addition to the challenges posed to the sustainability of European...