As far right movements, social disintegration and international conflict emerge from the decay of the neoliberal order, Karl Polanyi's warnings against the unbridled domination of markets, is ever more relevant. The essays in Karl... more
As far right movements, social disintegration and international conflict emerge from the decay of the neoliberal order, Karl Polanyi's warnings against the unbridled domination of markets, is ever more relevant.
The essays in Karl Polanyi for the 21st Century extend the boundaries of our understanding of Polanyi's life and work. They will interest Polanyi scholars and all interested in socialism and our future after neoliberalism. One asks whether, following Keynes and Hayek, Polanyi's ideas will shape the twenty-first century. Some clarify, for the meaning of money as a fictitious commodity. Others resolve difficulties in understanding the building blocks of Polanyi's thought: fictitious commodities, the double movement, the United States' exceptional development, the reality of society, and socialism as freedom in a complex society. And yes others explore how Polanyi sheds light on income inequality, world systems theory, comparative political economy.
TABLE OF CONTENTS 1 Introduction: Karl Polanyi in the twenty-first century - Radhika Desai
Part I: The great transformation and since 2 The return of Karl Polanyi: From the Bennington lectures to our present age of transformation - Kari Polanyi-Levitt
Part II: Money as a fictitious commodity 3 Debt, land and money: From Polanyi to the new economic archaeology - Michael Hudson 4 Commodified money and the crustacean nation - Radhika Desai 5 Double movement, embeddedness and the transformation of the financial system - Oscar Ugarteche Galarza
Part III: The double movement and socialism 6 The reality of society - Abraham Rotstein 7 Fictitious ideas, social facts and the double movement: Polanyi's framework in the age of neoliberalism - Claus Thomasberger 8 Multilinear trajectories: Polanyi, The Great Transformation, and the American exception - Hannes Lacher 9 This freedom kills: Karl Polanyi's quest for an alternative to the liberal vision of freedom - Michael Brie
Part IV: Elective affinities 10 Polanyi's democratic socialist vision: Piketty through the lens of Polanyi - Margaret R. Somers and Fred Block 11 Karl Polanyi as a precursor of world-systems theorists: An investigation of the theoretical lineage to Giovanni Arrighi - Chikako Nakayama 12 Polanyi in space - Jamie Peck
Karl Polanyi (1886–1964) returned to public discourse in the 1990s, when the Soviet Union imploded and globalization erupted. Best known for The Great Transformation, Polanyi’s wide-ranging thought anticipated twenty-first-century... more
Karl Polanyi (1886–1964) returned to public discourse in the 1990s, when the Soviet Union imploded and globalization erupted. Best known for The Great Transformation, Polanyi’s wide-ranging thought anticipated twenty-first-century civilizational challenges of ecological collapse, social disintegration and international conflict, and warned that the unbridled domination of market capitalism would engender nationalist protective counter-movements. In Karl Polanyi and Twenty-First-Century Capitalism, Radhika Desai and Kari Polanyi Levitt bring together prominent and new thinkers in the field to extend the boundaries of our understanding of Polanyi's life and work.
