Search results for "Karl Polanyi"
showing 2 items of 2 documents
Knowledge as a fictitious commodity: a Polanyian reading of the 'digital economy'
2020
Since the 2008 financial crisis, the attempts to use Karl Polanyi's framework to make sense of current developments have multiplied, producing a noticeable and lively debate. This debate centres on the notion of double movement put forward by the Hungarian thinker in his masterpiece – The Great Transformation. The paper is a contribution to this debate. The first part addresses a series of questions that make the interpretations of the double movement advanced so far not very compelling. To this end, a close reading of Polanyi's text, with the aim of dismantling and rearticulating its analytical structure, is carried out. The upshot is a dynamic and multistage picture of the double process …
Polanyi's double movement and the making of the ‘knowledge economy'
2019
In this chapter, we want to re-evaluate the heuristic role of Polanyi’s double movement by suggesting an alternative reading that could answer several criticisms that have been levelled against it. Moreover, we believe that this reading can give us greater insight into both the nature of the current crisis and its failure to unravel the neoliberal consensus.1 According to our reading, since the Speenhamland measures introduced in 1795 in Britain, faulty welfarist solutions have had the ability to undermine the political force of countermovements calling for protective measures while helping pro-market coalitions to periodically regenerate themselves. For us, this means that the future resol…