Tim Bartley — Was Karl Polanyi Wrong? Land, Labor, In Addition To Someone Authorization Inwards The Global Economy

Karl Polanyi famously argued that land, labor, in addition to coin are “fictitious commodities.” They cannot hold upwards fully subjected to the dictates of the marketplace without spurring backlashes that attempt to re-embed them inwards society.…

Polanyi was correct to encounter province in addition to task inwards parallel, simply nosotros should straight off instruct farther inwards unpacking globetrotting versus place-based industries in addition to enquire why “common good” frames convey been then often embraced for environmental issues in addition to rejected for global task issues.

Economic Sociology in addition to Political Economy
Was Karl Polanyi wrong? Land, labor, in addition to mortal authorization inwards the global economy

Tim Bartley | Professor of Sociology at Washington University inwards St. Louis