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The Economy as a Polity: The Political Constitution of Contemporary Capitalism (Ucl S) by Christian Joerges; Bo Stråth; Peter Wagner is a nonfiction available to read on EtoBox.

What is The Economy as a Polity: The Political Constitution of Contemporary Capitalism (Ucl S) about?

The debate about so-called economic globalization has reached a new phase. The hegemony of neo-liberal thinking has ended, in the face of both the increased and increasingly effective resistance to the social consequences of neo-liberal market-making - rising inequality and insecurity throughout the world - and the visibly dysfunctional effects of lack of regulation - currency and stock market crashes, among others. Thus, the story about 'the rise and fall of market society', which was first told in these terms by Karl Polanyi sixty years ago, is about to receive a new chapter. In this light, this volume offers a novel perspective on the interaction between states and markets. In contrast to much of current theoretical wisdom, we hold, with Polanyi, that markets cannot even be consistently thought of as self-regulating. Markets are always constituted by framework conditions that cannot be set by the markets themselves. The range and scope of market rules requires some agreement, or at least acceptance, for economic exchange to be working at all; in democratic societies, these rules are at least theoretically always subject to political debate and decision. To put the issue in theor

Who reads The Economy as a Polity: The Political Constitution of Contemporary Capitalism (Ucl S)?

Author

Christian Joerges; Bo Stråth; Peter Wagner

Publisher

Ucl Press, Routledge

Published

2005

Language

EN

ISBN

9781844720699

Category

nonfiction

Subjects

Political Science, Sociology, Economics