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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...

How has neo-liberalism transformed the economic structure and policies of India? And what are the politico-economic implications of such policies for marginalised populations? Following Karl Polanyi’s theory of “double movement”, this paper argues that while market liberalism has helped India overcome the slow so-called “Hindu rate of growth”, it has adversely affected the economic interests of the poor. It further argues that the expansion of the market (first movement) has led to various...

This article dialogues Polanyi and Bourdieu to propose a new research agenda within the sociology of cultural production. Extending recent literature on hipsters, this iconic figure is shifted from the world of consumption to the world of production via Bourdieu’s conceptualisation of the new petite bourgeoisie. Using secondary empirical material of cultural micro-enterprises, two ideal-typical career strategies are sketched: cultural-capital oriented seeking to secure positions within...

The role of competition and cooperation in relation to the goal of health equity is examined in this paper. The authors explain why the win-lose mentality associated with avoidable competition is ethically questionable and less effective than cooperation in achieving positive outcomes, particularly as it relates to health and health equity. Competition, which differentiates winners from losers, often with the winner-takes-all reward system, inevitably leads to a few winners and many losers,...

Karl Polanyi knew the market couldn’t solve all ills. History is proving him correct.

Farm subsidies have become increasingly maligned in agricultural policy debates, but the merits of subsidies are a distraction from deeper political, economic, and ecological problems in agriculture. Drawing on a history of the U.S. Farm Bill, this paper argues that a fixation on farm subsidies ignores why they came into being, and more generally glosses over the imperative for modern states to intervene into agricultural economies. Karl Polanyi's 'double movement' framework is used to...

Noting a lack of consensus in the recent literature on the Anthropocene, this article considers how social anthropologists might contribute to its theorizing and dating. Empirically it draws on the author’s long-term fieldwork in Hungary. It is argued that ethnographic methods are essential for grasping subjectivities, including temporal orientations and perceptions of epochal transformation. When it comes to historical periodization, however, ethnography is obviously insufficient and...

The economy was always embedded in society until capitalism arrived on the scene—this perhaps best explains the rise of Donald Trump