The Political Impetus for the Great Transformation

Author(s):  
Christina Stojanova

RUSSIAN CINEMA IN THE FREE-MARKET REALM: STRATEGIES FOR SURVIVAL For a motto of this article I would like to paraphrase the title of Werner Herzog's 1974 film Jeder für sich und Gott gegen alle(1) (Every Man for Himself and God Against All) to read: Every Director for Himself and the Free Market Against All. The Hungarian-born social economist and philosopher Karl Polanyi provides a useful theoretical framework for the current situation in post-Communist national cinemas. In his ground-breaking work The Great Transformation: The Political and Economic Origins of Our Time (1944) he critiques the inherent tendency of an all powerful market to subordinate and manipulate society. His famous dictum "laissez-faire was planned, central planning was not" rings more true today on the basis of post Communist experience, than at the time he wrote his book between the wars.(2) Polanyi has consistently warned against the dangers of separation...


2020 ◽  
Vol 28 (3) ◽  
pp. 280-291
Author(s):  
Alexander Cooley ◽  
Daniel H Nexon

Post-Cold War expansion of liberal order rested on three legs: the implosion of major alternative ordering projects, the enjoyment by liberal democracies of a “patronage monopoly,” and the dominance of liberalizing transitional activist networks and movements. By 2019, all three of those legs have been turned upside down. China and Russia, among others, offer new ordering projects, countries enjoy “exit options” in the form of alternative patronage, and illiberal activist networks are in the ascendant. A closer look at the “why” and “how” makes clear that illiberal forces have appropriated and repurposed the toolkit used to expand liberal order, which suggests an apparent paradox. While some forms of liberal order—primarily on the political side—are in retreat, other forms of liberal order—especially in terms of institutional and multilateral arrangements—are being reinforced. We are, therefore, looking not at the end of liberal order, but at a third great transformation in it.


2019 ◽  
pp. 269-290
Author(s):  
Étienne Balibar

In this essay, a tentative effort is made to adapt key categories of Marxism to the understanding of the world characterized by financialization and globalization. Looking for what David Harvey has called the “points of stress” in Marx’s theory of accumulation and crisis, the chapter explores two main issues: first, the withering away of the political (articulated around nations, classes, sovereignty, and antagonism) in a general economy of violence; and second, the articulation of “ecological debt” and “anti-planning” through the domination of liquidity over the organization of productive processes. Instead of focusing on the ideological category of “neo-liberalism,” the essay proposes to analyze the Great Transformation that leads from Historical Capitalism to a postcolonial and postsocialist Absolute Capitalism, the central “contradiction” of which reside in the structural and anthropological limits of commodification.


2016 ◽  
Vol 17 (S1) ◽  
pp. 117-124 ◽  
Author(s):  
Ntina Tzouvala

“The true nature of the international system under which we were living was not realised until it failed.”Karl PolanyiThe Great Transformation: The Political and Economic Origins of Our Time (1944)There is a certain degree of irony in writing about Brexit for a law journal- a read put together, hosted and read mostly, if not exclusively, by ‘experts’. The irony lies in the fact that the outcome of the UK referendum on the EU was, amongst other things, a rejection of experts; or rather, of current mobilizations of expertize and the political allegiances of a large number of experts. Despite this irony, or precisely because of it, I will reflect on three interrelated questions that, in my mind, determined the content and outcome of this historic referendum. First, I will discuss the discourse of ‘sovereignty’ and ‘control’ at the centre of the Leave campaign. Secondly, I will focus on the role of expertize and (technocratic) knowledge both in the construction of the European project and in the revolt against it. Finally, I will argue that given neoliberal hegemony and its heavily unequal distributive outcomes, revolts against contemporary structures of power, both national and inter/supranational are to be expected. Therefore, the question for progressive lawyers is how to mobilize our expertise so that these revolts do not become the exclusive playing terrain of the extreme right with unforeseen consequences.


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