The Political Economy of Revolution: Karl Polanyi in Tahrir Square

2021 ◽  
pp. 026327642098452
Author(s):  
Hany Zayed
Keyword(s):  
Political Economy ◽  
Karl Polanyi ◽  
Revolutionary Change ◽  
Egyptian Revolution ◽  
Social Transformations ◽  
Double Movement ◽  
The Subject ◽  
Political Economic ◽  
Egyptian History ◽  
Theoretical Apparatus

The causes and consequences of revolutionary change have long been the subject of scholarly debate. Through a systematic integration of political economic elements into an analysis of contemporary social transformations, this article joins this conversation by asking how Karl Polanyi’s double movement framework can clarify, and be extended by, the Egyptian Revolution of 2011. By embedding a nuanced account of neoliberalism in Egypt’s modern politics and by bringing those in dialogue with Polanyi’s theoretical apparatus, this article contends that there is a broad alignment between the first movement and the Egyptian neoliberal experience, a partial alignment between the second movement and the Egyptian Revolution, and a multilayered entanglement that implicates and encircles both movements. Not only does this research demonstrate that contemporary Egyptian history can find new currency in and be further illuminated by Polanyi’s political economy, it also critiques, complicates, reconceptualizes and extends Polanyi’s theoretical framework. In so doing, it redresses the underfocus of Polanyian political economy on the theory of revolution in general and the Egyptian Revolution in particular, problematizes extant accounts on neoliberalism and the double movement, and extends analyses between neoliberalism and revolution in political economy literatures. By clarifying our understanding of contemporary social change, this essay underscores how Polanyi’s work remains a pertinent, viable and valuable prism to examine momentous social transformations.

The Idea of a Meaningful Synthesis of Marxist and Non-Marxist Systems of Political Economy as a Mirror of Intellectual Turmoil (About V.T. Ryazanov’s Book «Modern Political Economy: Prospects of Neo-Marxist Synthesis»)

2019 ◽  
pp. 74-98
Author(s):  
A.B. Lyubinin
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Economic Status ◽  
Economic Science ◽  
Objective Reality ◽  
Commodity Production ◽  
Subjective Assessments ◽  
The Subject ◽  
The Difference ◽  
Political Economic

Review of the monograph indicated in the subtitle V.T. Ryazanov. The reviewer is critical of the position of the author of the book, believing that it is possible and even necessary (to increase the effectiveness of General economic theory and bring it closer to practice) substantial (and not just formal-conventional) synthesis of the Marxist system of political economy with its non-Marxist systems. The article emphasizes the difference between the subject and the method of the classical, including Marxist, school of political economy with its characteristic objective perception of the subject from the neoclassical school with its reduction of objective reality to subjective assessments; this excludes their meaningful synthesis as part of a single «modern political economy». V.T. Ryazanov’s interpretation of commodity production in the economic system of «Capital» of K. Marx as a purely mental abstraction, in fact — a fiction, myth is also counter-argued. On the issue of identification of the discipline «national economy», the reviewer, unlike the author of the book, takes the position that it is a concrete economic science that does not have a political economic status.

Political Economy

2014 ◽  
pp. 141-158 ◽  
Author(s):  
Kathleen Blake
Keyword(s):  
Political Economy ◽  
Victorian Literature ◽  
Adam Smith ◽  
Victorian Studies ◽  
Political Economist ◽  
The Subject ◽  
Economic Criticism ◽  
Political Economic ◽  
David Ricardo ◽  
Liberal Imperialism

Victorian studies has long attended to money matters in literature, while on the subject of money it has long wrung its hands. We see now a ‘new economic criticism’ that is more tolerant or even capitalist-friendly. Appreciation of Adam Smith, founding expositor of political economy, is growing. More reluctance and distaste remain as concerns Thomas Malthus. Bias and neglect continue concerning Jeremy Bentham, their utilitarian ally. J. S. Mill as political economist is becoming better known, as is David Ricardo, with more needed on their utilitarian ties. Expanded attention to economic theory in relation to concrete practice will expand understanding of the ‘political’ in political economy, part and parcel of liberalism while also, paradoxically, of ‘liberal imperialism’. Reviewing political-economic principles that set themes of new economic criticism, this essay connects theory to historical specifics and assesses what has and can be done to place Victorian literature in this grand-scale context.

Martyrs and Tricksters

2019 ◽  
Author(s):  
Walter Armbrust
Keyword(s):  
Social Media ◽  
Public Spaces ◽  
Revolutionary Change ◽  
Egyptian Revolution ◽  
Age Of Revolution ◽  
Cultural Biography ◽  
The World ◽  
Egyptian History ◽  
The Way ◽  
The Revolution

The Egyptian Revolution of 2011 began with immense hope, but was defeated in two and a half years, ushering in the most brutal and corrupt regime in modern Egyptian history. How was the passage from utmost euphoria into abject despair experienced, not only by those committed to revolutionary change, but also by people indifferent or even hostile to the revolution? This book explores the revolution through the lens of liminality—initially a communal fellowship, where everything seemed possible, transformed into a devastating limbo with no exit. To make sense of events, the book looks at the martyrs, trickster media personalities, public spaces, contested narratives, historical allusions, and factional struggles during this chaotic time. It shows that while martyrs became the primary symbols of mobilization, no one took seriously enough the emergence of political tricksters. Tricksters appeared in media—not the vaunted social media of a “Facebook revolution” but television—and they paved the way for the rise of Abd al-Fattah al-Sisi. In the end, Egypt became a global political vanguard, but not in the way the revolutionaries intended. What initially appeared as the gateway to an age of revolution has transformed the world over into the age of the trickster. The book is a powerful cultural biography of a tragic revolution.

JANE EYRE'S PURSE: WOMEN'S QUEER ECONOMIC DESIRE IN THE VICTORIAN NOVEL

2016 ◽  
Vol 44 (4) ◽  
pp. 741-759
Author(s):  
Meg Dobbins
Keyword(s):  
Political Economy ◽  
Subject Matter ◽  
Victorian Novel ◽  
Economic Thought ◽  
The Self ◽  
The Novel ◽  
The Core ◽  
Self Interest ◽  
The Subject ◽  
Political Economic

“Young ladies don't understandpolitical economy, you know,” asserts the casually misogynistic uncle of Dorothea Brooke in George Eliot'sMiddlemarch(1871) (17; bk. 1, ch 1). Although Eliot's heroine resents both her uncle's remark and “that never-explained science which was thrust as an extinguisher over all her lights,” her attempt to teach herself political economy in the novel only seems to confirm her uncle's assessment (18; bk. 1, ch. 1): Dorothea gathers a “little heap of books on political economy” and sets forth to learn “the best way of spending money so as not to injure one's neighbors, or – what comes to the same thing – so as to do them the most good” (805; bk. 5, ch. 48). Naively likening “spending money so as not to injure one's neighbors” to “do[ing] them the most good,” Dorothea fails to grasp the self-interest at the core of nineteenth-century political economic thought and so misunderstands the subject matter before her: “Unhappily her mind slipped off [the book] for a whole hour; and at the end she found herself reading sentences twice over with an intense consciousness of many things, but not of any one thing contained in the text. This was hopeless” (805; bk. 5, ch. 48).

Ignorance, denial, internalisation, and transcendence: a post-structural perspective on Polanyi's double movement

2012 ◽  
Vol 39 (2) ◽  
pp. 273-290 ◽  
Author(s):  
CHRISTOPHER HOLMES
Keyword(s):  
Lived Experience ◽  
Social Protection ◽  
Binary Opposition ◽  
Karl Polanyi ◽  
Market Society ◽  
Economic Discourse ◽  
Double Movement ◽  
Political Economic ◽  
Discursive Field ◽  
Double Limit

AbstractIn this article, I suggest what an engagement between post-structuralism and the work of Karl Polanyi might look like. I do this by presenting a reading of Polanyi's concept of ‘double movement’ as a form of problematisation through binary opposition. I suggest that the central opposition that the double movement depicts – between economy and society as reflected in processes of marketisation and social protection – presents itself in such a way that the problems emanating from the opposition can only be solved through its transcendence. On one hand, the terms of transcendence are limited by the terms of the opposition. On the other hand, since transcendence is never reached, the double movement problematisation stabilises the existence of a lacuna between the lived experience of market society and the discursive field of that market society. As such, the form of the problematisation places a double-limit upon the ways in which ‘solutions’ can be presented. I present this thesis in relation to two instances of double movement discussed by Polanyi in his book, The Great Transformation. I then apply the argument to invocations of the economy-society opposition in contemporary political economic discourse, where it remains as ubiquitous as ever.

Gift Exchange as Narrative and Metaphor

2019 ◽  
Vol 29 (6) ◽  
pp. 229-252
Keyword(s):  
Economic Theory ◽  
Political Economy ◽  
Social Science ◽  
Gift Exchange ◽  
Natural Sciences ◽  
Economic Anthropology ◽  
Karl Polanyi ◽  
Commodity Exchange ◽  
Economic Theories ◽  
Characteristic Features

The article deals with characteristic features of economic anthropology"s rhetoric of reciprocity and analyzes the factors that affected its formation. The authors consider two principal interpretations of reciprocity in economic anthropology that were formed under the influence of its two main founders - Malinowski and Mauss. The characteristic features of their two types of rhetoric are discussed together with the purposes for which they were used. Two different intentions were pivotal for the work of these researchers and their followers: first, to establish economic anthropology as a positivistic science; and second, to use the analysis of archaic societies as evidence for their critique of a capitalistic economy.To achieve the first task they actively used rhetoric borrowed from the natural sciences, and especially from biology as well as from economic theories that were another social science also striving for a more rigorous positivism. For the second task they turned to the rhetoric of political economy and used arguments based on a dialectical opposition between commodity exchange and gift exchange. The most prominent example of such dialectical rhetoric is in the works of Chris Gregory and Karl Polanyi in which gift exchange was interpreted as a metaphor for a utopian alternative to capitalistic commodity exchange. Because the rhetoric of economic anthropology from its inception to the present has been profoundly influenced by the language of general economic theory, the article examines the genesis of the rhetoric of economics as a science. This leads to an analysis of how the language of economics was affected by the rhetoric of the natural sciences, then of psychology and finally of law.

The possibility of democratic socialism in Habermas

2021 ◽  
pp. 136843102098689
Author(s):  
Pedro A. Teixeira
Keyword(s):  
Political Economy ◽  
Deliberative Democracy ◽  
Economic Organization ◽  
Democratic Socialism ◽  
Theory Of Justice ◽  
Liberal Democratic ◽  
Political Economic ◽  
Theory Of Democracy ◽  
Economic Regime ◽  
The Ideal

In keeping with the radical openness of his theory of democracy, Habermas avoided pre-determining the ideal mode of economic organization for his favoured model of deliberative democracy. Instead of attempting a full-blown derivation, in this article, I propose adapting the Rawlsian method of comparing different political–economic regimes as candidate applications of his theory of justice to Habermas’s theory of deliberative democracy. Although both theorists are seen as endorsing liberal democratic world views, from the perspective of political economy, the corollary of their conceptions of democracy would arguably veer elsewhere: in Rawls’s case, into the territory of property-owning democracy or democratic socialism, and in Habermas’s, into any political–economic regime which guarantees the real exercise of full political and discursive liberties against the background of legitimate lawmaking. The ultimate aim of this article is to discuss whether a concrete conception of democratic socialism, if any, is compatible with Habermas’s theory of deliberative democracy.

IV. J. S. Mill and the Irish Question: Reform, and the Integrity of the Empire, 1865–1870

1970 ◽  
Vol 13 (3) ◽  
pp. 419-450 ◽  
Author(s):  
E. D. Steele
Keyword(s):  
Political Economy ◽  
Middle Class ◽  
Land Reform ◽  
Complete Agreement ◽  
The United Kingdom ◽  
Social Basis ◽  
Great Famine ◽  
The Subject ◽  
Harsh Criticism ◽  
Irish Question

The first part of this study of Mill sought to show how much less radical he was on the subject of Irish land reform than is often supposed. In the earlier editions of the Principles of Political Economy from 1848 to 1857 there were passages which constituted a terrible indictment of landlordism, and insisted on the need for legislation to convert the tenant farmers into joint owners of their holdings: but in another passage this harsh criticism was substantially withdrawn, and the demand for fixity of tenure effectively retracted. Although they continued to reproduce the criticism and the call for a drastic measure, the editions of 1862 and 1865 were more moderate still in their conclusions on Irish land. With the progress of the changes in the economy and society set in motion by the Great Famine, Mill became more strongly convinced that the country should be left to evolve slowly under the existing law of tenure, only slightly amended. One cannot imagine Mill saying, ‘tenant-right…is equivalent to landlords' wrong’: but he and Palmerston were none the less in nearly complete agreement by 1865 on the degree of laissez-faire that was desirable in Ireland. For all his strictures upon aristocratic misgovernment and middle-class prejudice, Mill was too warm an admirer of British institutions to want to undermine their social basis over a wide area of the United Kingdom. The second part of this study deals with his action and his motives, in briefly advocating, without any reservations this time, the revolutionary land legislation from which he had always previously shrunk, despite his brave words written for the earlier editions of the Principles.

The Political Economy of Attention

2021 ◽  
Vol 50 (1) ◽  
Author(s):  
Morten Axel Pedersen ◽  
Kristoffer Albris ◽  
Nick Seaver
Keyword(s):  
Political Economy ◽  
Online Publication ◽  
The Political ◽  
Annual Review ◽  
Publication Date ◽  
Moral Concern ◽  
Digital Platforms ◽  
Political Economic

Attention has become an issue of intense political, economic, and moral concern over recent years: from the commodification of attention by digital platforms to the alleged loss of the attentional capacities of screen-addicted children (and their parents). While attention has rarely been an explicit focus of anthropological inquiry, it has still played an important if mostly tacit part in many anthropological debates and subfields. Focusing on anthropological scholarship on digital worlds and ritual forms, we review resources for colleagues interested in this burgeoning topic of research and identify potential avenues for an incipient anthropology of attention, which studies how attentional technologies and techniques mold human minds and bodies in more or less intentional ways. Expected final online publication date for the Annual Review of Anthropology, Volume 50 is October 2021. Please see http://www.annualreviews.org/page/journal/pubdates for revised estimates.

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