The iron law of democratic socialism: British and Austrian influences on the young Karl Polanyi

This article has been made available through the Brunel Open Access Publishing Fund.A central thesis of Karl Polanyi's The great transformation concerns the tensions between capitalism and democracy: the former embodies the principle of inequality, while democracy represents that of equality. This paper explores the intellectual heritage of this thesis, in the ‘functional theory’ of G.D.H. Cole and Otto Bauer and in the writings of Eduard Bernstein. It scrutinizes Polanyi's relationship with Bernstein's ‘evolutionary socialism’ and charts his ‘double movement’ vis-à-vis Marxist philosophy: in the 1910s he reacted sharply against Marxism's deterministic excesses, but he then, in the 1920s, engaged in sympathetic dialogue with Austro-Marxist thinkers. The latter, like Bernstein, disavowed economic determinism and insisted upon the importance and autonomy of ethics. Yet they simultaneously predicted a law-like expansion of democracy from the political to the economic arena. Analysis of this contradiction provides the basis for a concluding discussion that reconsiders the deterministic threads in Polanyi's oeuvre. Whereas for some Polanyi scholars these attest to his residual attraction to Marxism, I argue that matters are more complex. While Polanyi did repudiate the more rigidly deterministic of currents in Marxist philosophy, those to which he was attracted, notably Bernstein's ‘revision’ and Austro-Marxism, incorporated a deterministic fatalism of their own, in respect of democratization. Herein lies a more convincing explanation of Polanyi's incomplete escape from a deterministic philosophy of history, as exemplified in his masterwork, The great transformation

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 Iván Szelényi's terms, one side constructs a ‘hard’ Karl Polanyi, the other a ‘soft’ 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 ‘soft’ alter ego insisted that the market system remain essentially intact but be complemented by redistributive mechanisms. The ‘double movement’ – the central thesis of his ‘Great Transformation’ – 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

Happiness, environmental protection and market economy

The manufacturing sector is leaving the West for Asia’s low wages and good working culture. Europe would be better off keeping these manufacturing activities, slowing down wage inflation and what is more, letting a young, cheaper workforce from the East settle down within their borders. This would aid in preserving the diverse economic structure which has been characteristic for Europe.Beside the economic growth there are two more concepts which have turned into the “holy cows” of economics during the last fifty years. One is the need to constantly improve labor productivity and the other is increasing competitiveness of nations. The high labor productivity of some countries, induces severe unemployment in the globalized world. In the other hand it is high time we understood that it is not competition, but cooperation that brings more happiness to humanity.Should we still opt for “happiness” and “sanity”, it is quite obvious that we all should, in economists’ terms, define our individual welfare functions corresponding to our own set of values, staying free from the influence of media, advertisements and fashion. The cornerstone to all this is the intelligent citizen who prefers local goods and services

Thinking together: What makes Communities of Practice work?

In this article, we develop the founding elements of the concept of Communities of Practice by elaborating on the learning processes happening at the heart of such communities. In particular, we provide a consistent perspective on the notions of knowledge, knowing and knowledge sharing that is compatible with the essence of this concept – that learning entails an investment of identity and a social formation of a person. We do so by drawing richly from the work of Michael Polanyi and his conception of personal knowledge, and thereby we clarify the scope of Communities of Practice and offer a number of new insights into how to make such social structures perform well in professional settings. The conceptual discussion is substantiated by findings of a qualitative empirical study in the UK National Health Service. As a result, the process of ‘thinking together’ is conceptualized as a key part of meaningful Communities of Practice where people mutually guide each other through their understandings of the same problems in their area of mutual interest, and this way indirectly share tacit knowledge. The collaborative learning process of ‘thinking together’, we argue, is what essentially brings Communities of Practice to life and not the other way round

On the nature and determinants of poor households’ resilience in fragility contexts

Several global policy frameworks focus on managing (risks of) disasters affecting broad populations. In those frameworks resilience is a conceptualisation that possibly has important ideological implications. It is often opposed to fragility, and used to validate the notion of recurring insecurity, promote individual adaptability almost in the form of an obligation, and push the idea that crises/catastrophes are opportunities for profound changes. While effects from the COVID-19 pandemic have brought the protective role of the state to the fore, applying the word resilience to poor people requires clarification, especially in contexts of weak state public services and because assessment of complex poverty situations too often remains oversimplified and error-prone. We argue that to build capacity for resilience poor households need policies that protect and help them out of poverty, and that policy-making processes require engagement with people. Individuals must be asked about their perceptions and management of risks and threats, both in daily life and under exceptional circumstances, especially if the resulting stress factors accumulate and interact. This socially informed, place-specific, and multi-level approach could contribute substantially to identifying interventions, reducing poverty and poverty related risks, enhancing well-being and promoting development and cooperation programmes that meet people’s expectations.info:eu-repo/semantics/publishedVersio

Jizz and the joy of pattern recognition:virtuosity, discipline and the agency of insight in UK naturalists’ arts of seeing

Approaches to visual skilling from anthropology and STS have tended to highlight the forces of discipline and control in understanding how shared visual accounts of the world are created in the face of potential differences brought about by multi-sensorial perception. Drawing upon a range of observational and interview material from an immersion in naturalist training and biological recording activities between 2003 and 2009, I focus upon jizz, a distinct form of gestalt perception much coveted by naturalist communities in the UK. Jizz is described as a tacit and embodied way of seeing that instantaneously reveals the identity of a species, relying upon but simultaneously suspending the arduous and meticulous study of an organism’s diagnostic characteristics. I explore the potential and limitations of jizz to allow for both visual precision and an enchanted and varied form of encounter with nature. In so doing, I explore how the specific characteristics of wild, intangible and irreverent virtuoso performance work closely together with disciplining taxonomic standards. As such, discipline and irreverence work together, are mutually enabling, and allow for an accommodation rather than a segregation of potential difference brought about by perceptual variety

Living on thin abstractions: more power/economic knowledge

Debates over the role of knowledge and know-how as key economic assets in the contemporary economy, although far from new, are now increasingly couched in terms of a new-found economic immateriality which allows for their costless reproduction and widespread geographical dissemination. In the rush to tie down and reproduce economic know-how in abstract codifiable form, it has become almost baffling to argue that our stock of economic knowledge may rest upon affects as much as analysis, expressive symbolism as much as abstract symbolism. This paper is an attempt to think through how such 'elusive' economic knowledges may be grasped, yet neither formalized nor codified in abstract terms. It is also a plea to consider the geography of economic knowledge outside of the tacit - explicit distinction

Simple Model of Capillary Condensation in porous media

We employ a simple model to describe the phase behavior of 4He and Ar in a hypothetical porous material consisting of a regular array of infinitely long, solid, parallel cylinders. We find that high porosity geometries exhibit two transitions: from vapor to film and from film to capillary condensed liquid. At low porosity, the film is replaced by a ``necking'' configuration, and for a range of intermediate porosity there are three transitions: from vapor to film, from film to necking and from necking to a capillary condensed phase.Comment: 14 pages, 7 figure

Embodied Commons: Knowledge and Sharing in Delhi's Electronic Bazaars

The notion of the ‘sharing economy’ has recently received significant academic and non-academic attention. What the different debates have in common is an emphasis on how technologically mediated knowledge and specific social motivations enable practices of sharing. This article discusses knowledge and sharing in popular marketplaces. Based on an ethnography of Delhi’s electronic bazaars, Lajpat Rai market, Palika Bazaar and Nehru Place, this article suggests ways to think about knowledge that are embodied and practice-based: What is such embodied knowledge? How is it created and shared? The article argues that bazaars combine sociality established through face-to-face bargaining with informal trade arrangements to enable co-creation and collaboration around technological products. The resulting knowledge is tacit in nature and is mimetically transmitted between bodies. As a result, the bazaars feature a kind of sharing that is distinct from what is understood by most accounts of the sharing economy