Tag Archives: embeddedness

The Relationship between Economics and Sociology – the Problem of Embeddedness

This essay aims to analyse the most recent acquisitions in economic sociology, setting out from the problem of embeddedness. Firstly, the contribution offered by Mark Granovetter shall be illustrated, demonstrating how the interpretation proposed by this scholar is concentrated on … Continue reading

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Institutions, Politics and Culture – a Polanyian Perspective on Economic Change

Karl Polanyi’s The Great Transformation is a powerful historical and moral critique of those great changes in societies that he sought to characterize and to explain in terms of the attempt to establish self-regulating markets. The notion of a ‘self-regulating … Continue reading

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Globalization and Contestation: A Polanyian Problematic

The Polanyian problematic presents us with a unified, complex, and dialectical means to interpret globalization and its social contestation by diverse social and political forces. For Karl Polanyi, globalization as we know it would probably be conceived of as an … Continue reading

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The Social Embeddedness of the Economy and its Implications for Economic Governance

This chapter examines the social embeddedness and governance of economies from three apparently contrasting but potentially complementary viewpoints. These comprise: first, Polanyi’s pioneering historical analyses of the institutedness, general embeddedness, and the dis- and re-embedding of substantive economic activities; second, … Continue reading

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