Tag Archives: Karl Polanyi

Karl Polanyi on the Rise of Fascism and Market Economy

A spectre is haunting Europe and the world — the spectre of Fascism (veiled as defensive democracy and common-sense patriotism) and authoritarian neoliberalism (disguised as social protectionism and perceived by laymen as decisive populism). The bothering question of our troubling present is not whether history repeats … Continue reading

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The early Karl Polanyi: Interpreting “Socialist Accounting”

We are all Polanyians now. Karl Polanyi is probably one of the most famous theorists among social scientists today. It is almost impossible not to come across Polanyi’s citations and references in a very wide range of researches over the last … Continue reading

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The book of the year: “The Power of Market Fundamentalism: Karl Polanyi’s Critique”

In The Power of Market Fundamentalism: Karl Polanyi’s Critique Fred Block and Margaret R. Somers did a superb academic work, sagaciously encountering readers with a powerful intellectual legacy of Karl Polanyi through their insightful analysis of his writings, especially of his masterpiece … Continue reading

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Removing social support is necessary to compel the ‪‎poor‬ and unemployed to work — what’s the origin of this erroneous political idea?

According to many neoliberal politicians and economists,  assistance to the unemployed and poor always creates more of the poverty it aims to alleviate; therefore removing welfare benefits and social support is necessary to compel the ‪‎poor‬ and unemployed to work.  What is the origin … Continue reading

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Pope Francis, Thomas Piketty and Karl Polanyi featured the fascinating presidential address by Michael Burawoy at the International Sociological Association congress

Pope Francis, Thomas Piketty and Karl Polanyi featured the fascinating presidential address by Michael Burawoy “Facing the Unequal World: Challenges for Global Sociology” at the opening ceremony of the International Sociological Association congress at Yokohama, Japan (July 13-19, 2014). I … Continue reading

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Karl Polanyi: “The market mechanism moreover created the delusion of economic determinism as a general law for all human society.. “

Karl Polanyi: “The market mechanism moreover created the delusion of economic determinism as a general law for all human society.. To attempt to apply economic determinism to all human societies is little short of fantastic. Nothing is more obvious to … Continue reading

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The Power of ‎Market‬ ‪‎Fundamentalism‬: Karl ‪Polanyi‬’s Critique — a must-read for every economic ‪sociologist‬ and political economist

As the eminent social scientist Karl Polanyi has stultified and debunked the erroneous ideas of economic determinism and market fundamentalism, Fred Block and Margaret Somers greatly contributed to the intellectual endeavor to manifest the ontological axiom of mutual embeddedness of State-Economy-Society … Continue reading

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Economic Anthropology

This new book lays out the most sophisticated history and practice of economic anthropology. The authors- Chris Hann and Keith Hart- show that anthropologists have contributed to understanding the three great questions of modern economic history: development, socialism and capitalism. … Continue reading

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Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century

In this remarkably rigorous, original, and interesting book Mark Blyth (Brown University) argues that economic ideas are powerful political tools as used by domestic groups in order to effect change since whoever defines what the economy is, what is wrong with it, … Continue reading

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