Introduction

Ayşe Buğra

A chapter in Reading Karl Polanyi for the Twenty-First Century, 2007, pp 1-10 from Palgrave Macmillan

Abstract: Abstract During the last three decades, the post-Second World War international order has been challenged by a series of developments through which the market economy, with its self-regulating character taken for granted, has begun to be perceived as a spontaneous process that comes into being when artificial barriers in the form of state intervention are eliminated. In a parallel vein, the possibility of shaping the economy in conformity with social objectives by the exercise of political will has been restricted by the logic of the market.

Keywords: Market Economy; Great Transformation; Double Move; Welfare Capitalism; Institutional Tension (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-60718-7_1

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DOI: 10.1057/9780230607187_1

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