2008
DOI: 10.4000/interventionseconomiques.274
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Polanyi’s Double Movement and the Reconstruction of Critical Theory

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Cited by 56 publications
(50 citation statements)
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References 23 publications
(22 reference statements)
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“…The stage expansion of the productive forces reached in capitalism would not allow further development without causing cyclic economic crises and social impacts, making socialist transformation inevitable. For Polanyi, the core contradiction was that selfregulating markets are not able to produce and maintain economic and social order because of their deficiencies and inevitable responses, necessarily requiring government intervention (Block, 2008).…”
Section: An Apparent Contradictionmentioning
confidence: 99%
See 1 more Smart Citation
“…The stage expansion of the productive forces reached in capitalism would not allow further development without causing cyclic economic crises and social impacts, making socialist transformation inevitable. For Polanyi, the core contradiction was that selfregulating markets are not able to produce and maintain economic and social order because of their deficiencies and inevitable responses, necessarily requiring government intervention (Block, 2008).…”
Section: An Apparent Contradictionmentioning
confidence: 99%
“…imperfect markets, externalities, imperfect information etc.). It is also currently more evident that reciprocity is a fundamental norm of action in modern societies (Block, 2008). Moreover, Amartya Sen's liberal paradox (1970) has shown the inherent contradiction in the classical liberal JANUS.NET, e-journal of International Relations e-ISSN: 1647-7251 Vol.…”
Section: Polanyi's Enduring Contributionsmentioning
confidence: 99%
“…As Polanyi astutely observed, "If the movement for laissez-faire simply argued that expanding markets would create more profi t opportunities for certain fi rms, their arguments would have little resonance" (see also Block, 2008). As Polanyi astutely observed, "If the movement for laissez-faire simply argued that expanding markets would create more profi t opportunities for certain fi rms, their arguments would have little resonance" (see also Block, 2008).…”
Section: Restoring the Second Movement: Connecting Inequality And Envmentioning
confidence: 99%
“…Sociologist Frances Fox Piven's (2008) concept of "interdependent power" provides insight into how counter-movements can make gains, given that they often comprise the individuals in most need of protection (Block, 2008). Sociologist Frances Fox Piven's (2008) concept of "interdependent power" provides insight into how counter-movements can make gains, given that they often comprise the individuals in most need of protection (Block, 2008).…”
Section: Restoring the Second Movement: Connecting Inequality And Envmentioning
confidence: 99%
“…The naturally self-destructive tendencies of the self-regulated economy, however, eventually gave way to its many internal contradictions, leaving space for a necessary counter-movement that now seeks to rebuild the relationship between capital and labour, and to rebuild the definition of what is the public interest." Block (2008) proposes a perspective on why the protective counter movements have been weak throughout the neo-liberal regime. Since the late 1970s, in the United States primarily and generally throughout the world, laisser-faire economics saw many victories; however, counter-movements strong enough to challenge state policies did not make an appearance until 2006.…”
Section: The Use Of Polanyi's Thought By Other Theoristsmentioning
confidence: 99%