129 research outputs found
Social democracy, embeddedness and decommodification: On the conceptual innovations and intellectual affiliations of Karl Polanyi
Of the several debates that revolve around the work of the economic historian and political economist Karl Polanyi, one that continues to exercise minds concerns his analysis of, and political attitudes toward, post-war capitalism and the welfare state. Simplified a little, it is a debate with two sides. To borrow IvĂĄn SzelĂ©nyi's terms, one side constructs a âhardâ Karl Polanyi, the other a âsoftâ one. The former advocated a socialist mixed economy dominated by redistributive mechanisms. He was a radical socialist for whom the market should never be the dominant mechanism of economic coordination. His âsoftâ alter ego insisted that the market system remain essentially intact but be complemented by redistributive mechanisms. The âdouble movementâ â the central thesis of his âGreat Transformationâ â acts, in this reading, as a self-correcting mechanism that moderates the excesses of market fundamentalism; its author was positioned within the social-democratic mainstream for which the only realistic desirable goal is a regulated form of capitalism. In terms of textual evidence there is much to be said for both interpretations. In this article I suggest a different approach, one that focuses upon the meaning of Polanyi's concepts in relation to their socio-political and intellectual environment
Dynamic Protonation States Underlie Carbene Formation in ThDP-Dependent Enzymes: A Theoretical Study
- âŠ