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This article advances the concept of “time–space intensification” as an alternative to existing notions of time–space distanciation, compression and embedding that attempt to capture the restructuring of time and space in contemporary advanced capitalism. This concept suggests time and space are intensified in the contemporary period – the social experience of time and space becomes more explicit and more crucial to socio-economic actors’ lives, time and space are mobilized more explicitly...

This paper attempts to provide a framework for understanding the way globalization has reshaped the terrain and parameters of social, economic and political relations both at the national and global levels, and exerted pressure on the resiliency capacities of capitalism. It proposes to examine the ways social relations of domination and subordination are produced, reproduced and maintained while continuously undergoing transformations. Through conceptualizing the evolution of the capitalist...

The concept of vulnerability was introduced into IR theorising by Keohane and Nye who saw it as one of the consequences of complex interdependence and it is being increasingly employed by IGOs to capture the impact of globalisation on society. However, the concept has been little used in the academic literature on globalisation, except in a descriptive sense. This article argues that the concept has the potential to fill a gap in the toolkit of the ‘new’ IPE, offering an analytical category...

Fair trade requires that developed country consumers engage in market-based transactions with developing country producers. Yet this is not market trade in any straightforward sense, because the purchase of fairly traded products brings consumers into two market relationships at the same time. One is the market relationship through which consumers buy the product itself, which enables them to act altruistically by consciously paying the price premium that the producer receives. The other is...

This article argues for the continuing relevance of Fred Hirsch's The Social Limits to Growth (1976), valued as a critical analysis of the consequences of markets on the moral fabric of society. Two concepts that are fundamental to Hirsch—the commercialization bias and the depleting moral legacy—will be scrutinised. We further claim that this book, by emphasizing the tendency to market expansion and the corresponding commodification of increasing spheres of social life, while simultaneously...

The Polanyian problematic presents us with a unified, complex, and dialectical means to interpret globalization and its social contestation by diverse social and political forces. For Karl Polanyi (1886–1964), globalization as we know it would probably be conceived of as an extension of the ‘one big self-regulating market’ he discerned in his day, while his belief that ‘simultaneously a counter-movement was afoot’ provides an interpretative lens to examine the various facets of the...

In its first part (§ 2-4), the essay presents an outline of market economy in a globalization era, highlighting its marked changes and the wide fields of its questionable nature. In the second part, some discontinuity features came out in the last decades are shown (§ 5). They are particularly referred to critical analysis and alternative experiences springing up from below, (i.e. associations, groups, movements of the civil society) and meeting in a common attempt of getting economy and...

The popularity of deconstructivist architecture around the world has invited controversy over the sensationalist design of these buildings. New urbanists, in particular, have criticized decon architecture as alienating and disorienting. From a historical perspective, this opposition between deconstructivists and new urbanists is the latest in a long line of debates over what constitutes "good design." Using a political-economy approach based on the work of Karl Polanyi, this article examines...

The article examines the transformation of the moral economy in the book "The Great Transformation," by Karl Polyani. Polyani's work has been criticized for having an anti-democratic, Aristotelian, and aristocratic undertones. However, the author claimed that it has been misinterpreted and a communitarian-liberal debate has been brought to clarify the nature of moral economy.

The focus of this article is on interpretation of progress of post-communist transformations. Classical approaches, particularly those of Max Weber and Karl Polanyi, rather than modern ones are used as basis for the empirical analysis. I argue that the success of capitalist project, both now and in the past, stems from the ability to work out a general consensus about the preceding economic order. I also claim that ethnic homogeneity can be a favorable factor for the post-communist...

s essay aims to analyse the most recent acquisitions in economic sociology, setting out from the problem of embeddedness. Firstly, the contribution offered by Mark Granovetter shall be illustrated, demonstrating how the interpretation proposed by this scholar is concentrated on a structural-relational perspective that tends to trace the explanation of economic phenomena to a theory of social networks. In order to enrich and integrate this approach, the contribution offered by the...

"L'expression "économie de la connaissance" a, en ce début du XXIe siècle définitivement remplacé celle, très en vogue à la fin des années 1990, de "nouvelle économie". Les sociétés les plus avancées auraient désormais atteint un nouveau stade du développement économique dont la connaissance serait le facteur essentiel. Cette idée laisse supposer que jusque-là, celle-ci ne jouait qu'un rôle secondaire dans le processus productif. L'auteur se propose d'expliquer le sens et les implications...

Purpose - Following Polanyi, this paper aims to suggest that the Industrial Revolution marked a break-point between pre-industrial society (characterised by integration) and industrial society (characterised by differentiation). Design/methodology/approach - As a conceptual paper, the focus is on drawing out the implications of Luhmann's application of the theory of autopoiesis to industrial society. This discussion leads to critical reflection on the state we are in and the active role we...

This article previews this edition of "Public Culture" and focuses on Karl Polanyi's theories on capitalism. Polanyi believed in trade liberalization and felt that market regulation is the principal obstacle to collective prosperity. He thought that unregulated markets could bring an end to poverty, and would resolve the chronic dislocation, inequality, and vulnerability that have marked capitalism from its inception. Polanyi demonstrated that market liberalization was only achieved through...

Recently Claus Offe has put the question that concerns the fate of the European model of social capitalism: can the model of social capitalism survive the European integration in the context of certain contemporary tendencies? Offe has presupposed that the mentioned model is challenged by the processes of globalisation and the integration of the post socialist countries into the European Union. The working hypothesis of the article is that there is an opportunity to provide a coherent answer...

The effects of commercialised health care in embedding, exacerbating and legitimating social and economic inequality are at the root of widespread and recurrent resistance to commercialisation in health. In low income developing countries suffering generalised poverty, and notably in Sub-Saharan Africa, liberalisation of largely unregulated clinical provision has created a substantially informalised, fee-for-service primary health sector which is exclusionary, low quality and under stress....

My intention in this paper is to rethink the central contentions of "Globalization Theory" with respect to the relationship of the "state" to the "economy." I will do so via a consideration of recent discussions of the formation of the modern states system within the discipline of International Relations, and Karl Polanyi?s suggestive notion of the "double movement" presently enjoying a revival in sociological studies of the conjuncture of the 1990s. The paper concludes with reflections on...

In the twenty-first century, the Polanyian trinity of fictitiouscommodities (land, labor and money) cannot be realised through thetwentieth-century double movement. The regulation of money is no longervested in the state per se, but in instrumentalities such as the IMF, whosetask has become a generalized imperative to reproduce (corporate) moneythrough expending labor and land across the world with decreasing regardfor their sustainability. The construction of a 'world agriculture,'deepening...

Development in the global order is represented in economically reductionist, and in impoverished, terms. The latter refers to the global reproduction of material inequality through the progressive appropriation of alternative visions of development. We argue that the legitimacy of the global order, while represented in terms of 'economic progress,' depends on the progressive naturalization of its epistemological foundations. Here, solutions to the crisis of development become methods of...