Globalisation and democratic provisionism: Re-reading polanyi

New Political Economy

Volumn 2, Issue 1, 1997, Pages 53-63

  Latham, Robert ^a  

^a SOCIAL SCIENCE RESEARCH COUNCIL   (United States)

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[No Author keywords available]

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EID: 5844292078     PISSN: 13563467     EISSN: None     Source Type: Journal    
DOI: 10.1080/13563469708406284     Document Type: Article

References (22)

1. Richard O'Brien, Global Financial Integration: The End of Geography (Pinter/RIAA, 1992), p. 5.
2. Ibid., p. 70.
3. Ibid., p. 100. See Kenichi Ohmae, The Borderless World: Power and Strategy in the Interlinked Economy (Harper, 1990).
4. Ibid., p. 100. See Kenichi Ohmae, The Borderless World: Power and Strategy in the Interlinked Economy (Harper, 1990).
5. We might also have included emerging networks of production - subsuming both intra- and inter-firm trade - where maximum flexibility of location and staffing are central.
6. O'Brien, Global Financial Integration, p. 32.
7. The place they look first is Karl Polanyi, The Great Transformation: The Political and Economic Origins of Our Time (Beacon Press, 1944).
8. In his inspiring conclusion, Polanyi is assuredly aware of their need.
9. Eric Helleiner, States and the Reemergence of Global Finance (Cornell University Press, 1994).
10. It is important not to treat the West as monolithic. The balance between popular and corporate power ranges across a spectrum.
11. For a sense of the depth of that story of change, see Robert Wade, 'Japan, the World Bank, and the Art of Paradigm Maintenance: The East Asian Miracle in Political Perspective', New Left Review, No. 217 (1996), pp. 5-36.
12. Robert Latham, The Liberal Moment: Modernity, Security, and the Making of Postwar International Order (Columbia University Press, 1997).
13. Karl Polanyi, Conrad M. Arensberg & Harry W. Pearson (Eds), Trade and Market in the Early Empires (The Free Press, 1957), p. 243.
14. Polanyi's European focus, which made sense before World War Two, would probably, if he were writing today, be replaced by a far more global one that accounted for the extreme impoverishment in the developing world.
15. Few read anything of Polanyi's work outside of The Great Transformation . His corpus was broadly non-Western and even more deeply historical than typically thought. For a good survey of that corpus, see his essays in G. Dalton (Ed.), Primitive, Archaic, and Modern Economies (Beacon Press, 1968).
16. Few read anything of Polanyi's work outside of The Great Transformation . His corpus was broadly non-Western and even more deeply historical than typically thought. For a good survey of that corpus, see his essays in G. Dalton (Ed.), Primitive, Archaic, and Modern Economies (Beacon Press, 1968).
17. The greens stand out as an example and are discussed in the context of the Western scholarly tradition of international political economy in Eric Helleiner, 'International Political Economy and the Greens', New Political Economy, Vol. 1, No. 1 (1996), pp. 59-78.
18. I use the word group in order to ensure that those aggregates of individuals who do not necessarily qualify as a 'community', because of dislocations, are included. I have in mind particularly migrants.
19. Helleiner, 'International Political Economy and the Greens', p. 67.
20. The attractiveness of exploiting capitalism was essential to the thinking of Marx. Socialist revolution could only be successful if it was preceded by the full development of bourgeois capitalism.
21. This notion of democracy was forcefully advocated by the American political scientist, E.E. Schattschneider, The Semi-Sovereign People (Holt, Rinehart and Winston, 1960), who thought direct and representational democratic models were unrealistic. For him, democracy 'is a political system in which the people have a choice among alternatives created by competing political organizations and leaders', p. 141.
22. This would be consistent with Polanyi's emphasis, in The Great Transformation, pp.86, 41, on the 'makeshift' character of counter-movements.