Brunel University Research Archive (BURA) >
Schools >
School of Social Sciences >
School of Social Sciences Research Papers >

Please use this identifier to cite or link to this item: http://bura.brunel.ac.uk/handle/2438/2808

Title: Karl Polanyi’s the great transformation: Perverse effects, protectionism and gemeinschaft
Authors: Dale, G
Keywords: Karl Polanyi; Ferdinand Tönnies; perverse effects doctrine; Great Depression; capitalism; democracy
Publication Date: 2008
Publisher: Taylor & Francis
Citation: Economy and Society. 37(4) 495 - 524.
Abstract: Drawing upon Karl Polanyi’s journalistic writings and unpublished lectures from the 1920s and 1930s, this article reconstructs the lineaments of his research programme that was to assume its finished form in The Great Transformation. It identifies and corrects a common misinterpretation of the thesis of that book, and argues that Polanyi’s basic theoretical framework is best conceived as Tönniesian: the ‘protective counter-movement’ of The Great Transformation is Gemeinschaft, understood dynamically, while the market society is Gesellschaft. It examines the two central mechanisms by which, in Polanyi’s understanding, Gesellschaft broke down in the mid-twentieth century: the ‘clash between democracy and capitalism,’ and a doctrine of ‘perverse effects’ whereby political intervention in markets impairs profitability and saps the vitality of the market system.
URI: http://bura.brunel.ac.uk/handle/2438/2808
Appears in Collections:Politics and International Relations
School of Social Sciences Research Papers
History

Files in This Item:

File Description SizeFormat
Karl Polanyi’s The Great Transformation Perverse Effects.txt298 BTextView/Open

Items in BURA are protected by copyright, with all rights reserved, unless otherwise indicated.

 


Library (c) Brunel University.    Powered By: DSpace
Send us your
Feedback. Last Updated: September 14, 2010.
Managed by:
Hassan Bhuiyan