Penser l’institution et le marché avec Karl Polanyi
Karl Polanyi (1886-1964) has not enough developed the concept of institution, but such a concept exists in his work. Analysing “economy as an instituted process”, as Polanyi does it, allows to understand that the market is not a spontaneous phenomenon. This runs counter to conventional wisdom. There...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Association Recherche & Régulation
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| Series: | Revue de la Régulation |
| Subjects: | |
| Online Access: | https://journals.openedition.org/regulation/9439 |
| Summary: | Karl Polanyi (1886-1964) has not enough developed the concept of institution, but such a concept exists in his work. Analysing “economy as an instituted process”, as Polanyi does it, allows to understand that the market is not a spontaneous phenomenon. This runs counter to conventional wisdom. Therefore, social sciences can correctly put the market in social contexts. Capitalism has to be conceived as a highly specific cultural fact: the utopia of the self-adjusting market. This conception of market society is a foundation of feasible socialism. |
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| ISSN: | 1957-7796 |