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Palgrave Macmillan

Reading Karl Polanyi for the Twenty-First Century

Market Economy as a Political Project

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  • © 2007

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Table of contents (14 chapters)

  1. Introduction

  2. Reflections on Disembeddedness: Welfare State and Beyond

  3. Commodity Fiction in Contemporary Market Economies (1): Work Today

  4. Commodity Fiction in Contemporary Market Economies (2): Knowledge Today

  5. Patterns of Resistance and Adaptation

Keywords

About this book

Using Karl Polanyi's analysis of the separation of politics and the economy, the book argues that the market economy is not a spontaneous process, but a 'political project' realized through institutional change where labour, land, money, and currently knowledge are commodities. The contributions explore the impact of this commodification process.

Reviews

"Fruitfully peering into the 'knowledge economy,' intellectual property rights, and the scientific revolution, Bugra and Agartan's book refines Karl Polanyi's framework. The authors venture into issues beyond Polanyi's compass. This critical engagement with his analysis of 'free markets' and moral well-being yields fresh insights into transformative forces today."

- James H. Mittelman, University Professor of International Affairs, American University

Authors and Affiliations

  • Istanbul, Turkey

    Ayşe Buğra

  • Binghamton, USA

    Kaan Ağartan

About the authors

AYSE BUGRA completed her Ph.D. in economics at McGill University, UK. She is currently a professor at Ataturk Institute of Modern Turkish History and the founding director of the research center 'Social Policy Forum' at Bogazici University, Istanbul, Turkey. Her fields of specialization are History and Methodology of Economics, Development Economics, and Comparative Social Policy. Her publications include On Economics and Human Behavior (in Turkish, 1989, 1994, 2001, 2003, 2005), State and Business in Modern Turkey: A Comparative Study (1994), State, Market and Organizational Form (co-edited with Behlül Üsdiken, Walter de Gruyter, 1997), and Islam in Economic Organizations (1999). She has published articles in different edited collections and in such journals as South Atlantic Quarterly, Economics and Philosophy, International Journal of Middle Eastern Studies, Middle Eastern Studies, International Journal of Urban and Regional Research, Technological Change and Social Forecasting, Current Anthropology, Review of Radical Political Economy, MAUSS. She translated The Great Transformation by Karl Polanyi into Turkish (1986, 2000, 2003, 2005).

KAAN AGARTAN is a Ph.D. candidate in Sociology at the State University of New York at Binghamton, USA, and currently a research fellow at the research center 'Social Policy Forum' at Bogazici University, Istanbul.

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