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This volume revisits Karl Polanyi's analysis of the institutional
separation of politics and the economy in the context of the
nineteenth century market society to argue that the market economy
is not a spontaneous process, but a "political project" realized
through institutional changes whereby labor, land, money, and
currently knowledge appear as commodities. The contributions
explore the political dynamics of this commodification process, its
implications for human life and livelihood, and the possibilities
for the advent of a more viable order where the economy would be
replaced under social control. With its interdisciplinary reach,
the book is of interest to academics and graduate students in
different fields such as economic sociology, political economy and
social policy.
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.
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