Karl Polanyi, the New Deal and the Green New Deal

Gareth Dale

Environmental Values, 2021, vol. 30, issue 5, 593-612

Abstract: In this paper, I present an analysis of those aspects of Karl Polanyi's social and political thought that relate to environmentalism and ‘green’ politics today. I discuss whether or not he prefigured the degrowth movement, before focusing on his understanding of the New Deal (1933–1939). At the time of writing, the prospect appears likely of a return, at a global scale, of economic slump, mass unemployment and ecological crisis, the background conditions to which Franklin D. Roosevelt's New Deal was responding on the national scale. The paper concludes by drawing lessons from this comparison for possible Green New Deals.

Keywords: Degrowth; embeddedness; Green New Deal; Karl Polanyi; New Deal (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sae:envval:v:30:y:2021:i:5:p:593-612

DOI: 10.3197/096327120X16033868459485

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